A CGD Policy Paper. The model of manufacturing export-led growth followed by a number of countries in East Asia and beyond is becoming ever more complex to emulate. But new pathways to rapid growth for developing countries are emerging. Higher-income countries are seeing rapidly declining working-age populations, creating an increased demand for immigrants. Emigration is already a significant source of household income and human capital investment, and remittances are on a similar scale to manufactured export revenues for many countries. But for emigration to be a key element of a growth strategy requires harnessing migration for structural transformation, involving a focus on emigration to countries that can provide the needed skills, investment and trade opportunities to accomplish that. Subject of an Economist column.
Charles Kenny
Books, Papers and Articles
Charles Kenny writes about global development — what’s working, what isn’t, and how the world can do better. An economist who spent fifteen years at the World Bank, he is now a senior fellow at the Center for Global Development in Washington, DC.
Charles Kenny 
Leave a comment