Migration and Globalization: What's in it for Developing Countries?

No 10109, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper reviews a growing literature on migration and globalization, focusing on its relevance for developing and emerging economies. It documents the role of diaspora networks in enhancing cross-border flows of goods, capital, and knowledge, eventually contributing to efficient specialization, investment, and productivity growth in the migrants' home-countries. Particular attention is paid to the role of skilled migrants, and to information imperfections reduction as the main channel for the documented effects. Overall, the evidence suggests that migrants contribute to the integration of their home-countries into the global economy.

Keywords: globalization; trade; FDI; financial flows; knowledge diffusion; migration; development (search for similar items in EconPapers)
JEL-codes: F21 F22 F63 J61 O11 O15 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2016-07
New Economics Papers: this item is included in nep-cse, nep-dev, nep-int, nep-lab and nep-mig
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Published - published in: International Journal of Manpower, 2016, 37 (7), 1209-1226

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