This book examines the variation in high-skilled immigration policies in OECD countries. These countries face economic and social pressures from slowing productivity, ageing populations and pressing labour shortages. To address these inter-related challenges, the potential of the global labour market needs to be harnessed. Countries need to intensify their efforts to attract talented people – the best and the brightest. While some are excelling in this new marketplace, others lag behind. The book explores the reasons for this, analysing the interplay between interests and institutions. It considers the key role of coalitions between labour (both high- and low-skilled) and capital. Central to the analysis is a newly constructed index of openness to high-skilled immigrants, supplemented by detailed case studies of France, Germany, Sweden, the United Kingdom and the United States. The book contributes to the literature on immigration, political economy and public policy, and appeals to academic and policy audiences.

As the global economic crisis ripples across the financial, political and social landscape, it is leaving its mark on international migration. The recession, hailed as the worst since the Great Depression, is impacting the scope and pace of international migration and its effects could deepen should the world economy worsen. Governments, businesses and individuals have all felt the damaging consequences of the global downturn, which has shaken confidence in established institutions. The crisis is driving some policymakers and analysts in Europe and North America to re-think their assumptions about labor migration. Yet while policymakers face exceptionally strong popular and political outcry to protect jobs at home, they face mid-term demographic challenges. These two opposing policy pressures require responses that will not only help ease the current economic crisis, but will also secure the long-term prosperity of these regions. This book reflects the effort of the Transatlantic Council on Migration to map how profound demographic change is likely to affect the size and character of global migration flows; and how governments can shape immigration policy in a world increasingly attuned to the hunt for talent. This volume is the second major product of the Council. The Council was launched in 2008 as a new initiative of the Migration Policy Institute (MPI) in Washington, DC. The Bertelsmann Stiftung and the European Policy Centre are the Council's policy partners.

The global race for talent is on, with countries and businesses competing for the best and brightest. Talented individuals migrate much more frequently than the general population, and the United States has received exceptional inflows of human capital. This foreign talent has transformed U.S. science and engineering, reshaped the economy, and influenced society at large. But America is bogged down in thorny debates on immigration policy, and the world around the United States is rapidly catching up, especially China and India. The future is quite uncertain, and the global talent puzzle deserves close examination. To do this, William R. Kerr uniquely combines insights and lessons from business practice, government policy, and individual decision making. Examining popular ideas that have taken hold and synthesizing rigorous research across fields such as entrepreneurship and innovation, regional advantage, and economic policy, Kerr gives voice to data and ideas that should drive the next wave of policy and business practice. The Gift of Global Talent deftly transports readers from joyous celebrations at the Nobel Prize ceremony to angry airport protests against the Trump administration's travel ban. It explores why talented migration drives the knowledge economy, describes how universities and firms govern skilled admissions, explains the controversies of the H-1B visa used by firms like Google and Apple, and discusses the economic inequalities and superstar firms that global talent flows produce. The United States has been the steward of a global gift, and this book explains the huge leadership decision it now faces and how it can become even more competitive for attracting tomorrow's talent. Please visit www.hbs.edu/managing-the-future-of-work/research/Pages/default.aspx to learn more about the book.

Political and scientific debates on migration policies have mostly focused on governments' efforts to control or reduce low-skilled, asylum, and irregular migration or to encourage the return migration of these categories. Less research and constructive discourse has been conducted on the role and effectiveness of policies to attract or retain high-skilled workers. An improved understanding of the drivers and dynamics of high-skilled migration is essential for effective policy-making, as most highly developed and emerging economies experience growing shortages of high-skilled labour supply in certain occupations and sectors, and skilled immigration is often viewed as one way of addressing these. Simplistic assumptions that high-skilled migrants are primarily in pursuit of higher wages raise the expectation that policies which open channels for high-skilled immigration are generally successful. Although many countries have introduced policies aimed at attracting and facilitating the recruitment of high-skilled workers, not all recruitment efforts have had the desired effects, and anecdotal evidence on the effectiveness of these programmes is rather mixed. The reason is that the rather narrow focus on migration policy coincides with a lack of systematic and rigorous consideration of other economic, social, and political drivers of migration, which may be equally - or sometimes even more - important than migration policies per se. A better understanding of migration policies, their making, consequences and limitations, requires a systematic knowledge of the broader economic, social and political structures and their interaction in both origin and destination countries. This book enhances this vibrant field of social scientific enquiry by providing a systematic, multidisciplinary, and global analysis of policies driving international high-skilled migration processes in their interaction with other migration drivers at the individual, city, national, and international level.

The market for high-skilled workers is becoming increasingly global, as are the markets for knowledge and ideas. While high-skilled immigrants in the United States represent a much smaller proportion of the workforce than they do in countries such as Australia, Canada, and the United Kingdom, these immigrants have an important role in spurring innovation and economic growth in all countries and filling shortages in the domestic labor supply. This report summarizes the proceedings of a Fall 2014 workshop that focused on how immigration policy can be used to attract and retain foreign talent. Participants compared policies on encouraging migration and retention of skilled workers, attracting qualified foreign students and retaining them post-graduation, and input by states or provinces in immigration policies to add flexibility in countries with regional employment differences, among other topics. They also discussed how immigration policies have changed over time in response to undesired labor market outcomes and whether there was sufficient data to measure those outcomes.

Global talent has never been more mobile or sought after. A complex phenomenon that takes many forms, the movement of people with skills includes migrants crossing borders for temporary stays abroad as well as settlement, students moving for degrees and temporary and permanent stays, and even tourists and refugees who decide to stay abroad and use their skills. Countries attracting global talent increase their stock of human and technological skills, and in the past decade many have welcomed foreign professionals and students to redress domestic skill shortages and to quicken economic growth. This book includes general and theoretical papers on skilled migration and also papers on the country experiences of Australia, India, Japan, Singapore, the United Kingdom, and the United States. It addresses the socio-economic and cultural challenges created by increased mobility in a world where globalizing and localizing forces are at work simultaneously

Global Talent seeks to examine the utility of skilled foreigners beyond their human capital value by focusing on their social capital potential, especially their role as transnational bridges between host and home countries. Gi-Wook Shin and Joon Nak Choi build on an emerging stream of research that conceptualizes global labor mobility as a positive-sum game in which countries and businesses benefit from building ties across geographic space, rather than the zero-sum game implied by the "global war for talent" and "brain drain" metaphors. The book empirically demonstrates its thesis by examination of the case of Korea: a state archetypical of those that have been embracing economic globalization while facing a demographic crisis—and one where the dominant narrative on the recruitment of skilled foreigners is largely negative. It reveals the unique benefits that foreign students and professionals can provide to Korea, by enhancing Korean firms' competitiveness in the global marketplace and by generating new jobs for Korean citizens rather than taking them away. As this research and its key findings are relevant to other advanced societies that seek to utilize skilled foreigners for economic development, the arguments made in this book offer insights that extend well beyond the Korean experience.

Examines dimensions of the skilled immigration, the legal immigration system, attitudes of professional associations in rich countries and implications for sending countries.

Part II examines the consequences of brain drain for the sending countries.

This volume, which brings together research by leading economists and labor market specialists, examines the role immigrants play in the U.S. workforce, how they fare in good and bad economic times, and the effects they have on native-born workers and the labor sectors in which they are engaged. The book traces the powerful economic forces at play in today's globalized world and includes policy prescriptions for making the American immigration system more responsive to labor market needs. Chapters examine employment outcomes for low-skilled, middle-skilled, and high-skilled workers; assess the economic effects of illegal immigration; trace immigrants' trajectories in the construction, health care, hospitality, and information technology sectors; and detail the impact of immigration in recession and economic expansion. "Immigrants in a Changing Labor Market "is the product of the Migration Policy Institute's (MPI) Labor Markets Initiative, which provides a comprehensive, policy-focused review of the role of immigration in the labor market. The initiative produces detailed policy recommendations on how the United States should rethink its immigration policy in the light of what is known about the economic impact of immigration--bearing in mind the current context of the economic crisis, growing income inequality, concerns about the effect of globalization on U.S. competitiveness, the competition for highly skilled migrants, and demographic and technological change. Contributors include: Jeanne Batalova (MPI), Michael Fix (MPI), Gordon H. Hanson (University of California-San Diego), Harry J. Holzer (Georgetown Public Policy Institute), Pia M. Orrenius (Federal Reserve Bank of Dallas), Demetrios G. Papademetriou (MPI), Giovanni Peri (University of California-Davis), Madeleine Sumption (MPI), and Madeline Zavodny (Institute for the Study of Labor (IZA))