ECON 6280 Study Guide - Final Guide: Human Capital Flight, Remittance, Human Capital
Document Summary
Boserup effect population pressure promotes technical change. Involuntary migration e. g. slave trade, conflict, climate refugees. Net migration rate = (immigrants emigrants) per 1,000 persons. Push factors unfavorable things about the current situation. Pull factors attractive things about the new situation. Externality cost/benefit that affects a party who did not choose to incur that cost/benefit. Brain drain vs. brain gain some will leave, taking the human capital away from the origin countries, but most will stay -> overall, social gain even if immigration is allowed. Remittance makes up a large portion of money transferred from rich countries to poor countries (much more than all of official development/aid money put together) Pro-migration (positive impacts on development): welfare gains for the migrant, solution to excessive demographic growth in developing countries, brain gain and remittances even in the case of brain drain, social/ethnic/business networks. 2 sources of urbanization: rural-to-urban migration and internal growth (urban demographic transition, urban reclassification (rural -> urban)
