Immigration as Cyclical Commuting

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Thomas P.M. Barnett flags an article on a subject I’ve been keeping an eye on recently. According to the WSJ, global migration patterns have reversed, with immigrants increasingly returning to their countries of origin as a result of the global downturn, in addition to actual immigration slowing down. I’d initially expected the reverse to be true, at least in terms of the latter phenomenon. According to the WSJ, the reason why fewer people are setting out for the “lands of opportunity” is that they might just find more opportunity at home. I’ve been doing some reading recently on informal economies, […]


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