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Blog Post
December 08, 2017
As the price of bitcoin continues its dizzying rise—the currency briefly surpassed $19,000 yesterday—the already passionate debate about its role in the global economy has become even more heated. Over the last two months, prominent economists and financiers, including Citi CEO ...
Blog Post
December 01, 2017
Migration out of poor countries will continue throughout this century. By wishing otherwise, and devoting all their attention to walling themselves in, politicians will miss a vast opportunity to shape that migration in ways that benefit all parties involved. That window of opportunity is open ...
Blog Post
October 20, 2017
The Global Compact on Migration (GCM) is an opportunity for all of us to make history. I join as an economist with the many other government, humanitarian, development, and international actors mobilized behind the GCM because I wish for the Compact to rise to that occasion. To do that, it must prop...
Blog Post
September 14, 2017
The arrival of more than a million refugees and migrants in Europe has brought widespread concern they will become an economic drain on the countries that welcome them. When economists have studied past influxes of refugees and migrants they have found the labor market effects, while ...
Blog Post
September 14, 2017
When NATO forces entered Afghanistan following the attacks of September 11, 2001, much of the country’s infrastructure, as well as its public institutions and underlying social fabric, had been destroyed by more than two and a half decades of conflict. At the time, landmines were still killing...
Blog Post
August 08, 2017
CGD experts Michael Clemens and Gaurav Khanna look at high- and low-skilled workers from three countries across several decades. Different studies, different perspectives—but all pointing at the same thing: immigrants have an overwhelmingly net positive effect on the US economy.
Blog Post
August 08, 2017
On August 2, the White House unveiled a plan to make drastic cuts to legal immigration. CGD experts have written and researched extensively on this hot topic, and have been quoted widely in recent media coverage. Spoiler alert: immigration has an overwhelmingly net positive effect on the US eco...