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Giovanni Perri

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  1. The Economist10 min

    How migration could make the world richer

    Asher, Anna, Beth, Michael Clemens, Giovanni Perri

    Recent analysis indicates that removing global migration barriers could increase worldwide GDP by 50% to 150%, an economic gain far exceeding the potential from eliminating trade restrictions. Despite evidence that immigrants complement native workers and drive innovation without depressing wages, public overestimation of migrant populations continues to fuel restrictive policies that stifle global wealth creation. Experts now advocate for implementing regulated pathways similar to Australia's model, a shift projected to unlock trillions in economic value while fostering greater prosperity for developing nations.

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