Tag: Lant Pritchett

The Economist: How to Make Immigration Palatable in a Populist Age

Image © The Economist

In a watershed moment, LaMP’s theory of change served as the core thesis for an article in the Economist. This thesis argues that rotational visas are essential to reconciling the “unstoppable force of demographics” with the immovable object of politics.” The article cites the rapid expansion of temporary visa programs across Japan, Italy, France, Spain, and even Hungary – with the sharpest increases seen under the most conservative leadership. The article quotes LaMP Co-Founder and Board Chair Lant Pritchett, Advisory Council member Michael Clemens, and partner Margaret Mugwanja of Silver RayHRA parallel piece in the New York Times featured LaMP partner GATI Foundation on India’s leadership to build the globally mobile workforce that will move through these visas.

Read the full Economist article here and the New York Times article here.

NPR: Declining Birth Rates and the End of Growth as We Know It

 

Credit: Brian Mann/NPR

NPR’s Population Shift series examines how declining birth rates are reshaping the global economy, with families worldwide having fewer children. They interviewed LaMP’s Co-Founder and Research Director, Lant Pritchett, who explained that this demographic shift is challenging assumptions about economic growth that evolved during an era of rapid population increases. He warned that we’re entering uncharted territory, since we lack historical examples of countries navigating dramatic demographic decline.

Read the full article here.

Labor Mobility as Development: The Case for Migration Pathways

Credit: Devex

Lant Pritchett, LaMP’s Co-Founder and Research Director, argued for reimagining labor mobility as a development strategy. Speaking at Devex Impact House during the World Bank and International Monetary Fund annual meetings, he highlighted the massive aging problem facing high-income countries and emphasized that facilitating migration to high-productivity settings can increase workers’ earnings fivefold—far exceeding traditional development interventions that might boost wages by only 10%. He called for orderly migration pathways and programs that help lower-income countries effectively recruit, prepare, and place workers, positioning labor mobility as one of the most powerful poverty reduction tools available.

Read the full Devex article here and watch the complete video here.

The Future is Older

OECD countries are rapidly aging – their working age populations are shrinking, while their elderly populations are growing. This has significant fiscal and economic implications for these societies, yet thus far there has been no serious policy response. In this blog, Lant Pritchett explores these historically unprecedented and largely ignored trends.