East-West Migration: The Alternatives

Overview

This sequel to Reform in Eastern Europe is a report on one of the most pressing issues for countries with economies in transition and their neighbors. Focusing on the problem ofEast-West migration, the authors clearly delineate and promote the notion of European free trade and capital flows as a means of raising productivity and increasing worker stability in the East and of reducing income gaps between countries.As economists who have been deeply and consistently involved in the recent upheavals in the East, the...

See more details below
Paperback
$16.41
BN.com price
(Save 8%)$18.00 List Price
Other sellers (Paperback)
  • All (8) from $4.90   
  • New (4) from $16.38   
  • Used (4) from $0.00   
Sending request ...

Overview

This sequel to Reform in Eastern Europe is a report on one of the most pressing issues for countries with economies in transition and their neighbors. Focusing on the problem ofEast-West migration, the authors clearly delineate and promote the notion of European free trade and capital flows as a means of raising productivity and increasing worker stability in the East and of reducing income gaps between countries.As economists who have been deeply and consistently involved in the recent upheavals in the East, the authors are in a position to take a well-informed stance on the economic and social dislocations that are occurring. They first outline the problem and recommend that Europe begin to admit primary migrants and that the US increase its quota. They then look at migration statistics from previous eras to predict equivalent levels in the near future and take into account the long-run and short-run effects of migration in the US and Europe. They conclude with a detailed discussion of "the best defense of all," economic progress, and lay out the necessary conditions for free trade, investment, and aid.Richard Layard is Professor of Economics at the London School of Economics. Olivier Blanchard, Rudiger Dornbusch, and Paul Krugman areProfessors of Economics at the Massachusetts Institute of Technology. East-West Migration is aReport of the WIDER World Economy Group.

Read More Show Less

Product Details

  • ISBN-13: 9780262620925
  • Publisher: MIT Press
  • Publication date: 9/30/2009
  • Pages: 104
  • Product dimensions: 5.20 (w) x 7.80 (h) x 0.40 (d)

Meet the Author

Olivier Blanchard is Economic Counselor and Director of the Research Department at theInternational Monetary Fund. He is the author of Macroeconomics, among other books, and coauthor of Lectures on Macroeconomics (MIT Press). David Romer isHerman Royer Professor of Political Economy at the University of California, Berkeley, and author ofAdvanced Macroeconomics. Michael Spence, co-recipient of the 2001 Nobel Prize inEconomics, is Professor Emeritus of Management at Stanford University's Graduate School of Business and Professor of Economics at New York University's Stern School of Business. He served as Chairman of the Commission on Growth and Development from 2006 to 2010 (the life of the commission). He is the author of The Next Convergence: The Future of Economic Growth in a MultispeedWorld. Joseph Stiglitz, co-recipient of the 2001 Nobel Prize in Economics, is UniversityProfessor at Columbia University. He served as Chairman of the U.S. Council of Economic Advisers in the Clinton administration, and from 1997 to 2000 as World Bank Chief Economist and Senior VicePresident in Development Economics. He is the author of Freefall: Free Markets and theSinking of the World Economy, Globalization and Its Discontents, and other books.

Paul Krugman is Professor of Economics and International Affairs at Princeton University and aNew York Times columnist. He was awarded the Nobel Prize for Economics in2008.

Read More Show Less

Table of Contents

Preface
Acknowledgments
1 Overview 1
The Alternatives 3
The Pressure to Migrate 5
The Response 7
2 Migration: The Pressure to Move 11
The Setting 11
Earlier Migrations 14
What Determines Migration? 20
Prospects for Desired Migration 23
Time Pattern of Desired Migration 25
Can Immigration Be Controlled? 28
3 Migration: The Likely Effects 33
Long-Run Effects 33
Externality Issues 37
Short-Run Absorption 42
Effects in the United States 44
The Return of the French Algerians 46
Postwar Germany 47
Can the West Cope? 49
4 Free Trade with the West 51
Prospects for Growth in Trade 52
Trade as a Substitute for Migration 53
Efficiency Differences and Factor Mobility 56
Dynamic and Macroeconomic Gains from Trade 58
Prospects 60
5 Aid and Capital Flows 63
Necessary Conditions for Investment 63
External Finance as a Lever for Reform 66
Forms and Conditions of Aid 68
Who Should Pay and How? 69
Consolidating the Debt 70
Appendix 1. Economics of Migration: Further Evidence 73
Appendix 2. Can Emigration Hurt the Home Country? 77
Notes 83
References 89
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)