Forget about trade liberalization says Lant Pritchett suggesting a far more beneficial trade off:
If rich countries were to permit a mere 3 percent increase in the size of their labor force by easing restrictions on labor mobility, the benefits to citizens of poor countries would be $305 billion a year—almost twice the combined annual benefits of full trade liberalization ($86 billion); foreign aid ($70 billion) and debt relief (about $3 billion in annual debt service savings).
New research shows that extroverted workers not only "spend a lot of time interacting with others while away from work and while at work, but that the social interactions during work time are not work related."
The study found also that social isolation at the office is particularly painful for extraverts.
Suffering form a lack of company? Click here.
Like every Friday, from Raj Nallari and Breda Griffith's lecture notes on Economic Policies for Poverty Reduction.
In a speech to the Chicago Council on Global Affairs, Barack Obama pledged to double US aid by 2012, if elected President.
What do Alaska, Canada, Greenland, Russia and Scandinavia have in common? They all are on the path to win big on global warming. The UK Treasury estimates that as much as 20 percent of GDP from the world economy will be at stake. Read on…
Dani Rodrik has entered the blogosphere with a promise of unconventional thoughts on economic development and globalization.
That's great news. Welcome!
(Via Trade Diversion)