From Deseret News archives:
Migration inevitable, economist asserts
- Page:
- < Previous
- 1
- 2
But wealthy nations such as Japan and Italy are suffering from a population decline and have no choice but to recruit labor from abroad, Pritchett said. Skilled laborers would probably be more likely to stay permanently and become citizens, while unskilled laborers would come in cycles.
Poor countries have too many unskilled laborers. If groups of unskilled laborers were plucked each year from poor countries, then workers remaining at home would be able to find jobs easier, Pritchett said. Wages at home would be higher.
Pritchett uses history as an example.
In Ireland during the late 1840s, the nation reeled from the economic shock of the potato famine as people died or left the country. The population fell by 53 percent. But the gross domestic product of Ireland never fell, and wages actually increased.
During economic troubles that began in Bolivia in the 1970s, people did not leave, because no other country would take them. Their population increased and "real wages have collapsed to less than half the level relative to the U.S.," Pritchett said.
E-mail: lhancock@desnews.com
- Page:
- < Previous
- 1
- 2
Recent comments
The problem with attacking someone's intellectual ideas by going...
Anonymous | March 24, 2008 at 4:30 p.m.
This is what happens when you get too much "education" and listen to...
Meet at Lant's Place? | March 22, 2008 at 1:04 a.m.
- Alta rejects canyon subdivision 3:33 p.m.
- Adult sports leagues offered 3:19 p.m.
- Oil prices spike 3:06 p.m.
- Stocks turn higher 3:03 p.m.
- Nature's Way leaving Utah County 3:02 p.m.
- Notre Dame fires Weis 2:52 p.m.
- Daughter: Mitchell fed me my pet 2:51 p.m.
- Mansion tours begin Tuesday 2:48 p.m.
- Chaffetz: Leave Afghanistan 2:37 p.m.
- Mitchell's 'books' are coherent 2:24 p.m.
- Hall mouths off about hate of Utah
892 - Cougars beat Utes in overtime
481 - Max Hall issues apology
367 - Hall's pain reflects self-betrayal
254 - Hall reprimanded by MWC
219 - Utes won't respond to Hall
146 - BYU is champion of the state
140 - Man trapped in Nutty Putty cave dies
121 - Cave to be sealed with body inside
118 - Rivalry Week is highly profane
91
If you wait until Cyber Monday to shop, you may miss some hot deals.
and I think Riley should play in the bowl. Max hasn't being doing well in...
so long to max as you leave your byu career as a donkey. win or lose you will...
Excellent that we have some good choices running! Lets all get behind any...
I love the trailers. To me, they are like looking at a big glossy chocolate...
The rivalry is not fun anymore. Both sides are at fault.
I agree with Mr. Chaffetz desire to obtain some definition about the U.S....
["If the gay movement only wanted their "civil rights," then a "civil union"...
There is a 6' 11 senior and two 7 plus freshman who will continue to improve...
Maybe the "Holy War" should take a two year break to let things calm down a...
Sports is the "controlled" flow of testosterone (even female sports with the...


