Fair Trade is vital to our nation's economic future.Trade can create new jobs in exporting industries, but trade can destroy jobs when imports replace the output of domestic firms. Because current trade policy has accelerated the trade deficit, eliminated manufacturing jobs, and stagnated wages, more jobs have been displaced by imports than created by exports. The United States has lost more than 3 million manufacturing jobs since 2000 – that's one in six good paying jobs.Trade deals like NAFTA, CAFTA and China PNTR were written and negotiated by multinational corporations and lack protections for workers, the environment, and food and product safety.
In 1925, urban planner & historian Lewis Mumford described four “great tides” of migration that reflected the economic transformation of the US. Eight decades later, Robert Fishman (professor of architecture & urban planning at the University of Michigan) noted the large-scale return of people to global cities, labeling it the Fifth Migration. Today’s great tide, the Sixth Migration, is ebbing from global cities & towards a better quality of life.
Monday, November 30, 2009
My Battle In Seattle
Sunday, November 29, 2009
Celebrating Brain Drain
Indo-US ties have for decades been driven by individuals and corporations, rather than governments. During the Cold War, India's governmental relations were warm with the USSR and cool with the US. But a million Indians migrated to the US while none went to the USSR. Indians galore went to US universities, enjoyed American books and music, and got jobs in US firms. They got on well with Americans, but had no such affinity with Russians. Thus, person-to-person relations strengthened Indo-US ties even when the two governments bickered. With the end of the Cold War, the relationship grew: The two governments caught up with the people. They still had strong differences (Pokharan II, the Iraq war) but found natural affinities too.Indian migration to the US was once castigated as a brain drain. More recently, it has been rechristened brain circulation, with many migrants returning to India. Economist Deena Khatkhate (see his book Money, Finance, Political Economy) was among the earliest to contest the brain drain thesis. He saw the exodus as a safety valve for educated Indians unable to find enough jobs in India's licence-permit raj. He also highlighted the way the Indian Diaspora catalysed changes in social, political and economic attitudes in India, paving the way for economic reform.It now seems that the Diaspora played an even bigger role: It changed US attitudes. The brain drain steadily increased the number of influential Indians in the US. Indo-US economic relations and the size and clout of the Diaspora grew fast together, most prominently in Silicon Valley.
Friday, November 27, 2009
Green Urban Frontier
Imagine: It's 1895. A steel baron hires New York's Central Park designer Frederick Law Olmsted to build a town in western Pennsylvania where mill workers can live, work and play. By the turn of the century, Vandergrift's rounded buildings and roads flow along the contours of the Kiskiminetas River.Reality: Pretty much all that's left of that town is in the imagination.So 114 years later, Vandergrift residents — from baby boomers who grew up during the town's heyday to students as young as their grandchildren — are reviving Olmsted's vision and making the community environmentally sustainable for the 21st century and beyond.Their goal is to attract people to live or shop in the boutiques of the quaint town of just 5,000 people — which lost residents, jobs and allure along with steel.From bringing back green spaces paved-over for parking to seeking how to harness electrical energy for the town from the fast-flowing river, Vandergrift is investing millions toward environmentally sustainable revitalization — a concept gaining popularity in Rust Belt towns that have few viable options for renewal."This community is such a wonderful template for demonstrating (sustainability) not just for themselves, but, I think, way outside of Vandergrift," said University of Pittsburgh professor Lisa Mauck Weiland, looking over the skeletal wooden remains of what was once a JCPenney. The building is now the object of a "green" renovation with the input of students from Pitt and a local high school.
"This community is such a wonderful template for demonstrating (sustainability) not just for themselves, but, I think, way outside of Vandergrift," said University of Pittsburgh professor Lisa Mauck Weiland, looking over the skeletal wooden remains of what was once a JCPenney. The building is now the object of a "green" renovation with the input of students from Pitt and a local high school.While many communities are embracing sustainable revitalization, Vandergrift's strategy is all-encompassing: to create an energy independent, ecologically low-impact, economically viable town from the ashes of its postindustrial wasteland. It aims to renovate buildings with sustainable materials, from carpet textiles to solar roof panels. A farmers market has been expanded. Trees are being planted and green spaces recovered.Perhaps the most ambitious is the river energy project. With Weiland's guidance and a grant from the National Science Foundation, University of Pittsburgh students are seeking to exploit the hydrokinetic forces of the Kiski River to offset energy costs downtown, without building dams or coal-burning electrical facilities.
Happy Boomerang Day
For those leaving the country, Australia, Poland, Germany, Spain and France had been the most popular countries to head to in 2008, the ONS said.That year saw the highest number of people emigrate since 1991, the first year with comparable records.The ONS said there had been a large increase in the number of people emigrating for work-related reasons, particularly those with a fixed job to go to.
The number of non-Britons leaving the country has risen by 50% from 169,000 in 2007 to 255,000 last year.Home Office minister Phil Woolas said the figures showed immigrants were coming to the UK to work and then returning home.
Wednesday, November 25, 2009
Social Media And Economic Development: Youngstown Case
The survey results clearly indicate that social media is still a "new thing" for economic developers. While 57 percent of respondents use social media in their organization's communications efforts, most of this use has only begun in the past year. In fact, of those using social media, only 37 percent of respondents have used social media for longer than one year. As DCI President and Chief Creative Officer Andy Levine noted, "Economic development groups are just getting their feet wet with social media. We're in the very early days of this work." ...... The survey results suggest that social media is going to be a core part of future communication programs for economic developers, and this shift will require a new mindset. As Levine notes, "Social media requires a quick response, and moving quickly means some loss of control. Some economic developers are uncomfortable with this shift." He expects that social media will play an especially important role in crisis response. To date, no economic development group has faced a major public relations crisis akin to that facing corporations such as JetBlue's flight delays in winter 2007 or Wall Street's financial firms responding to criticisms of exorbitant pay packages. But, if an organization does face a major crisis, social media will have to be part of an effective crisis control effort.Finally, Levine expects to see a lot of innovations in the use of social media. For example, he envisions that communities could create "digital ambassadors" to discuss the benefits of living and working in a certain region or community. These ambassadors, people who have many Facebook followers or LinkedIn connections, would serve as a very credible advocate for local economic development efforts. He expects to see lots of experimentation and new approaches over the next several years.
Rust Belt BloggersThe meet and greet was Friday (7/11) at the BrewErie. It was a good icebreaker to hang out over fine craft beverages with Dale Hannah, Jim Russell, Chris Briem, Michael Mahler, Locobone and Justin. Saturday was the main event and in addition to the Friday night crew, we were joined by Phil Kidd, Janko and Hunter Morrison (Center for Urban and Regional Studies at Youngstown State University) from Youngstown and our Pittsburgh blogger in podcamp crime, Cindy. Most of the meeting was giving our introductions and a brief overview of who we are, our backgrounds and what we’re looking to accomplish. I was hoping that Erie would have had more of a presence since they played host but I also understand people were called away for the weekend. eh, it’s the first one, they have time to redeemThe surprise of the summit for me was the pitch thrown out by Youngstown. Yeah I know, you’re thinking “wtf, Youngstown? Isn’t that a haven for mobsters“. That was my thinking also until I talked to these guys. I was 100% sold that I need to get up there and check things out. The youth movement (40 and under) have taken over the city and it’s now a hot bed of untapped resources to make a viable force. Did I mention they’re opening a new brewery too Listening to how passionate they are about Y-town I was ready to go that day. Again, that is saying A LOT for me!Overall I think this was a great starting point for those of us in the Rust Belt to get moving forward (and… DRINK). The key item is that it doesn’t turn into another “yeah, we had this idea once” and then bask in the gloriousness of that weekend. It did show me that I have an interest in redevelopment, just a matter of finding out how to use my skills to be effective.
For years the city spent time casting around for the next big company to come and save it, hoping that it could regain its former glory.But new leaders like Mayor Williams have decided on a new way forward, with a strategy called Plan 2010.“We have accepted that this is a smaller city and have embraced that,” said James Cossler, CEO of the Youngstown Business Incubator, which has focused on bringing in business-to-business software companies and currently has 28 firms in its portfolio.Crossley said that the incubator has already encouraged many younger former residents, who have been leaving for decades to look for work, to come home again.The new plan also involves painful decisions for a city that has some 4,500 vacant homes and neighborhoods that have been coming apart at the seams for years. With limited resources to cover fewer residents, the city’s leadership and other have come to the conclusion that some neighborhoods simply don’t have enough people left to remain viable.“We are aiming to focus on the neighborhoods that can be saved,” said Phil Kidd, a community organizer at the nonprofit group Mahoning Valley Organizing Collaborative. “But we have to accept the fact that we are going to have to wind down some neighborhoods gracefully.”The MVOC is trying to organize residents to form into groups and drive much of the change themselves because the city cannot afford to do everything itself.“We’re all in this together, so we’re going to have fix our problems together,” Kidd said.
Monday, November 23, 2009
Immigrant, Inc. Book Launch Party
Why: To celebrate a book that will change the way America looks at immigrants
When: 6 pm, Monday, December 7
Immigrants and their friends from throughout Northeast Ohio will gather at an Ohio City nightclub Monday, December 7, to welcome a book that tells their success story.
Richard Herman and Robert Smith will team up with their publisher, John Wiley & Sons, to celebrate the launch of Immigrant Inc. -- Why Immigrant Entrepreneurs Are Driving the New Economy (and how they will save the American worker).
The book highlights the accomplishments of immigrant entrepreneurs across the country, including several business founders in Northeast Ohio, as it reveals the astonishing success of immigrants in the New Economy and their power to create jobs, new industries, and to lift communities.
India's Businessworld magazine finds that Immigrant, Inc. breaks new ground:
The book goes beyond praising talented immigrants to explore their mindset, cultural specificities and their high level of determination and innovative thinking. The book also touches upon the issue of anti-immigration attitudes, in turn, suggesting how Americans need to tap their ‘inner immigrant’ to succeed.
Sponsors of the launch party include Huntington Bank, the high-tech trade group TiE Ohio, and the Hispanic Chambers of Commerce of Ohio. More than three dozen globally-minded civic and business groups have signed on as co-sponsors. (See attached flyer, also posted at http://www.scribd.com/doc/22678284/Flyer-Book-Launch-party-6-pm-December-7.)
“The authors’ passion comes through in this fantastic book that points to the power and importance of intercultural partnerships in a global economy,” says Connie Atkins, executive director of the Consortium of African American Organizations, which is co-sponsoring the launch party.
"This book, filled with stirring stories testifying to the ongoing power of the American Dream as a magnet, challenges us all to build an inclusive culture of welcome, access, opportunity and empowerment,” said Leonard M. Calabrese, president of Catholic Community Connection, another co-sponsor.
Lute Harmon, Sr., publisher of Inside Business and other magazines calls Immigrant, Inc. a "must-read." http://tiny.cc/1pSBz
The party runs from 6 to 9 p.m. at Speakeasy, a new nightclub beneath Bier Markt, at 1948 W. 25th Street, across from the West Side Market. Partygoers will enjoy free appetizers and a cash bar. Copies of Immigrant, Inc. will be available for sale and for author signings.
Herman, an immigration lawyer, founded the Cleveland law firm of Richard T. Herman & Associates. Smith, a distinguished journalist, covers international cultures for The Plain Dealer.
To order their book beforehand, go to www.ImmigrantInc.com. To attend the book launch, please RSVP by emailing richard.t.herman@gmail.com. For more information, call 216-696-6170.Saturday, November 21, 2009
Interstate Talent Wars
Demographics will drive change, too. Cities that have expensive housing may find themselves at a disadvantage in attracting young people. “We’re going to be facing what I call the third civil war – it’s going to be a war between cities and metro areas over where young people will settle, because we’re going to have to fill a lot of jobs,” says Barry Bluestone, an economist at Northeastern University in Boston.Many of these young workers will be going to places where they sense a think-outside-the-box culture. “It’s hard to be a dynamic economy if you’re a culture that does not tolerate risk,” says Susannah Malarkey, who heads a trade group, the Technology Alliance, in Seattle.
Friday, November 20, 2009
Brain Drain Texas
Investing in our universities is investing in our future.The development of more Tier One universities in Texas will give our brightest high school graduates more top-level choices for college educations in their home state, easing a brain drain of Texas young people to prestigious schools elsewhere.
Flight Of The Kiwi
Last night, the economic think tank the Centre for Independent Studies (CIS) held a forum in Sydney called ''Flight of the Kiwi to Australia'' to discuss ways of reversing the trans-Tasman brain drain. The former Fairfax chief executive and All Black captain David Kirk, CIS policy analyst Luke Malpass, business broadcaster Andrew Patterson, and Dr Don Turkington from the New Zealand Government's regulatory responsibility taskforce, canvassed issues such as wage disparity, tax structures, streamlining Anzac business, career prospects and social and cultural changes.
Monika Johnson is 20 and the Midwest Coordinator for the Roosevelt Institute. It's a student-run policy organization that put together a two-day event called Midwest Version 2.0. ...... "Detroit has so many great opportunities and potential for change," Johnson said. "In fifty years, this could be a great city. It could rival Chicago. I would consider staying in Michigan if I had an opportunity to participate in Detroit's revitalization."
Maybe New Zealand suffers from the supposed generation Y complex—we want it all, we want it now, and we want it at no cost.
Thursday, November 19, 2009
Recovery Pittsburgh
To form our list, we ranked the 100 largest Metropolitan Statistical Areas--geographic entities that the U.S. Office of Management and Budget defines and uses in collecting statistics--in five categories: unemployment rate, GMP (a measure of the size of a city's economy), foreclosures, home prices and sales rates.We ranked September unemployment rates (the most recent available by metro) using data from the Bureau of Labor Statistics; the percentage of a metro's homes in foreclosure with September data provided by RealtyTrac; and the change in GMP between the first and second quarter of 2009 from the Brookings Institution's MetroMonitor. We also included the second-quarter 2009 year-over-year change in Freddie Mac's ( FRE - news - people ) Conventional Mortgage Home Price Index--a measure of housing price inflation--and the average days on the market for properties currently on sale (to measure sales rates), using data from Zillow.com. We then averaged the scores for each measure to arrive at an overall ranking.While there is no foolproof method for resisting recession, a common thread in thriving cities is an economy fed by multiple industries. Former Northeastern industrial hubs like Pittsburgh, and Rochester, N.Y., while they may not seem the likeliest models of economic health, have been able to supplement industrial sector decline with a boost from public-sector jobs that have pumped up the economy even as the private sector declined. They land in the fourth and seventh spot on our list, respectively.
I know that, all across the Midwest, good people are worrying about the same issues. They need help in thinking about these issues and where they fit into the Midwestern reality. If Midwesterners who are paid to think don't do this thinking, then it won't get done.
Great Recession Geography: US Immigration
USAToday reports that more Americans are seeking work abroad than in the past. Although “the trend reverses a longtime pattern of far more foreign workers seeking jobs in the U.S.” sounds like an overstatement, there are signs that Americans are more willing to consider working abroad. The country’s largest staffing company, Manpower, says it has 500 clients seeking overseas work, compared a few dozen six months ago. And a recent survey of executives in the U.S. revealed that 54 percent would be likely to take a job in another country, compared to 37 percent in 2005. The top prospects? India, China, Brazil, Dubai, and Singapore.
Wednesday, November 18, 2009
Talent Dividend Ohio
ColumbusChamber CEO Ty Marsh, a participant in Wednesday’s discussions, said the importance of boosting the region’s talent pool stems from a growing desire among companies to set up shop in areas that can continue to produce viable job prospects.“One of Columbus’ great assets has been the quality of its work force, but one of the opportunities and challenges of the new century is, ‘How do you attract them and how do you keep them?’ ” Marsh said.Columbus would begin the effort, Marsh said, on strong footing with an internship pipeline with the state’s colleges and a better-than-average share of residents with four-year degrees.
Recent reports published by various entities including the Greater Boston Chamber of Commerce and the Federal Reserve Bank of Boston show an alarming trend: The Greater Boston area is losing recent college graduates at a startling rate. The ability of an economic region to grow and thrive is largely due to these knowledge workers. The recent reports shed light on three distinct questions: Why are students engaged in Greater Boston higher education fleeing the state after graduation, where are they going, and what can be done to increase the retention rate within the region. This report seeks to provide answers to these questions.
A separate analysis by William H. Frey, a Brookings Institution demographer, found that Dallas and Houston were attracting less-educated migrants and identified large brain drains from Detroit, St. Louis, Cleveland and, to a lesser extent, New York, Los Angeles, Miami, Chicago and Boston.Meanwhile, Atlanta; Seattle; Austin, Tex.; San Francisco; and Raleigh and Charlotte, N.C., were magnets for better-educated people who were relocating.
Still, contrary to the usual reasons offered to explain why individuals leave the Bay State, recent college graduates appear to be moving primarily to seek the best job opportunities. That suggests that states can take tangible steps to retain more recent college graduates.One potential solution is to build stronger ties between colleges and local employers, to help graduates, particularly non-natives, learn about local job opportunities and form networks in the region. For example, the Colleges of Worcester Consortium in Massachusetts has expanded internship opportunities through an online regional database that students can tap into from any of the consortium’s 15 member institutions. Internships create a win-win-win situation, because they allow students to try out a job or firm, lower recruiting costs for employers, and enhance the reputation of a college or university.
But Darga insists the problem is exaggerated. He says every state thinks it has a brain drain, but ignores the fact that migration rates for young people tend to be much higher than any other age group. Besides, he argues, the number of recent college graduates leaving has leveled out, and it’s a tiny percent of the total state population.
Tuesday, November 17, 2009
Expatriate Economic Development
More than ever, diasporas — the "scattered seeds" most governments previously ignored and in some cases even maligned — are increasingly seen as agents of development.Aware of this potential, some developing countries have established institutions to more systematically facilitate ties with their diasporas, defined here as emigrants and their descendants who have maintained strong sentimental and material links with their countries of origin.
Monday, November 16, 2009
Florida Exodus: Where Will They Go?
Rick Desrochers is leaving. And he's not coming back.He and his wife are moving in with her parents in Michigan after the couple lost their jobs, their Hunter's Creek home to foreclosure, and everything else to bankruptcy. The trauma of going broke in the Sunshine State has convinced them that when the good times return to Orlando, they won't."I've talked to a lot of people who say they aren't coming back," said Desrochers, 39, who moved to Orlando nine years ago from Hilton Head, S.C.Later this month, Rick and Connie Desrochers will join a migration out of Florida that began before the housing market collapsed and the recession kicked in. In 2009, more than 500,000 people like them will leave. And for the first time since World War II, Florida's population will actually shrink -- by about 60,000 residents, state demographers estimate.
Sunday, November 15, 2009
Brain Drain Report: Global Talent Wars
For nearly 15 years, china has been trying to engineer a "brain gain" by luring top scientific and technical talent home from the United States, and it's working. One major success story is the National Institute for Biological Sciences, created in 2003 with several advantages. Freed from the fundraising pressures of the U.S.—and from the often mindless red tape of traditional state-run Chinese institutions—researchers there say their lab environment, financed by the Chinese government, trumps what they could expect in America. They know from experience, since all 23 were educated in the U.S. In 2005 Dr. Feng Shao, 37, left Harvard Medical School to return to China after receiving a more generous deal from NIBS, where he now studies bacterial pathogens in a top-class lab, with a $300,000 annual budget. He says that in the U.S., "I might have a lab with just a few students and technicians. Here I have 16 or 17." The bottom line, says Shao, is that while his team has published six scientific papers since 2005, "elsewhere I might have done just two."
America’s best friend and oldest trading partner—that’s Canada. Happy member of the world’s largest free trading zone? Sure. But when it comes to the global competition for talent, well, friendship only goes so far. When immigration managers at Canada’s consulate in Los Angeles were asked last year to provide a snapshot of the immigration situation in their region, their tone sounded downright predatory. “Significant numbers of high quality economic class immigrants are being gleaned from this territory,” they wrote in a report obtained by Maclean’s. Most of the workers have been educated at U.S. universities, the document went on, obtaining degrees in valued fields like biomedical research or software engineering. With such talent in short supply in Canada, the pencil pushers in L.A. boasted, “this office regularly engages in promotion and recruitment efforts to exploit this talent.”
Saturday, November 14, 2009
Free Lunch Problem
Friday, November 13, 2009
Thursday, November 12, 2009
The Midwesterner: Blogging The Global Midwest
But even this cooperation goes on in silos. Community colleges from around the Midwest have met here at the Chicago Council. Farm extension directors from the land grant colleges are meeting and thinking. The Midwest Governors Association, a notoriously drowsy outfit, has stirred itself recently to strike deals on the energy economy and high-speed rail. But nobody is putting this all together in ways that could generate an economic revival that will recharge the region.For starters, we need to talk to each other. Midwestern newspapers, under huge economic pressures of their own, have become too small and too local to do this job. In their places, bloggers are seizing the new technology to set up virtual roundtables. There are rust belt blogs and rural blogs and urban blogs -- all manner of blogs, many of them listed on this site. I hope that they will see this addition to their ranks as a place where all these issues can be hashed out.
Wednesday, November 11, 2009
Global Innovation Chain II
Mr Vaswani said Wipro was finding that it could increase its utilisation rate – the proportion of staff busy on projects against those sitting idle waiting for new contracts – by better managing its global workforce. In the Egyptian case, the company had to provide a software package service to a client in India but found it did not have the resources available locally. So it flipped the job over to a few hundred Egyptian employees who were at that point under-utilised.“Even if I had a high-cost resource sitting on the bench in the US, I might as well use him for executing the project in India rather than hiring someone in India because then I’d be paying for two people,” Mr Vaswani said, though he conceded this was an “extreme” example.
Tuesday, November 10, 2009
Global Innovation Chain
Research and development is increasingly going global, according to a new report by Duke's Offshoring Research Network [ORN]. More than half of U.S. companies now have corporatewide initiatives to outsource innovation activities, up from 22% in 2005, according to the ORN, which has been tracking the growth of outsourcing since 2004. And of those companies already offshoring development, 60% intend to do so more aggressively.
Monday, November 09, 2009
Globalization and the South Carolina Piedmont
The book deals largely with Spartanburg as a center of foreign investment, examining why Spartanburg had such a large growth in investment, particularly from European countries, during the period mentioned in the title. What interested me most though, was that in the process of describing how this investment came to Spartanburg, Maunula goes a long way in explaining why those businesses were attracted here in the first place, albeit with a cool sense of academic detachment.The biggest reason, as Maunula points out in numerous places throughout the book is that “Spartanburg’s workers were relatively skilled, not prone to unionization, and inexpensive.”That fact, coupled with an aggressive sales campaign and a business community organized around the idea of paternalistic control over “their” workers as well as the business environment at large, seems to be what drove the supposed Spartanburg economic juggernaut that so many Reganites and economic libertarians wrote about back in the 80’s.
Coticchia said his greatest assets are love for the job and tolerance for long, focused workdays."Nobody was going to outwork me," said Coticchia, who attributes the ethic to his Pittsburgh upbringing.He also values collaboration, in himself and his staff.Coticchia said he learned the value of collaboration in Pittsburgh, where the city's development efforts have received a spate of good publicity in recent years.In the 1990s, those who funded the city's economic development groups squeezed out leaders "who didn't play well together," Coticchia said.
Saturday, November 07, 2009
Brain Drain Report: Berlin Wall
In 1997, when Mr. Siebler was 25, the outlook for engineers in the former East Germany was so bleak that people like him were leaving in droves, creating a huge brain drain from East to West. But in a sign of just how much has changed over the past decade, Mr. Siebler, like a growing number of other Germans from the region, is back.
In recent years, behind the dingy buildings and unemployment lines, Frankfurt (Oder) has become a magnet for high-tech, high-skilled manufacturing and research. First Solar, a Phoenix-based photovoltaic-module maker, opened a 500-person plant there in 2007 to take advantage of Germany’s burgeoning clean-energy market and eastern Germany’s reputation for inexpensive, high-skilled labor. They haven’t been disappointed: originally designed to produce 100 megawatts of capacity a year, the plant and its workers are so efficient that, three years later, they are producing nearly twice that amount with the same equipment.It’s a story repeated by foreign investors across the region. “Eastern Germany combines the best advantages of western Germany and Eastern Europe,” says David Wortmann, vice president for policy and communications at First Solar. “You have a very flexible and talented workforce, like in Eastern Europe, but on the other hand you have a superb infrastructure.” ...... That said, eastern Germany’s skeptics and boosters alike see a similar future, one in which a few metropolitan areas—Berlin, Dresden, Frankfurt (Oder), Leipzig-Halle—reach parity with the West, while vast rural stretches continue to depopulate. That’s not the ideal envisioned by Chancellor Helmut Kohl and the Bonn government in the early 1990s, but maybe that’s not such a problem. “If people wish to move to West Germany, let them,” says Uhlig. “East Germany may become a nature paradise with a few vibrant cities, and I do not see why that would be a bad outcome.”
Friday, November 06, 2009
International Labor Mobility
A [report] commissioned by ABAC and carried out by the University of Southern California's Marshall School of Business also urges APEC leaders to create what it calls a "labor mobility task force" to address temporary worker movement."A rationalized policy framework for the movement of people to include all levels of highly skilled, skilled and lower skilled, will give APEC economies benefits of economic development, and do so in an inclusive way," says the report, titled Facilitating Labor Mobility within APEC: Opportunities and Challenges.It warns, "Much is lost if protectionist tendencies prevail and the topic of international labor mobility continues to be neglected."The report says that while the issue may be "uncomfortable" to address in times of recession when economies are haunted by fear of job losses, the lowering of local wages and unwelcome burdens on social services, "real shortages of skilled and lower-skilled workers exist in many APEC economies, even during this recessionary period.""And these labor shortages and imbalances of skills and jobs are predicted to become increasingly critical because of the changing demographics of aging populations. This gives business real concern as access to workers is directly correlated with business and competitiveness and growth," it says.Since few economies are capable of addressing these imbalances internally, or with immigration, external sources of labor are needed.The study voices concern over current temporary worker policies, saying they "have tended to focus on controlling and limiting worker movement rather than facilitating it.""The important circular dimension of temporary worker flows has not been well addressed; often resulting in problems of overstaying workers becoming a drain on resources of receiving economies, and a brain drain for sending economies," it says."Collective courage and political will is needed to create an effective policy framework that addresses these concerns, and produce inclusive growth."The study cites statistics that project labor shortages throughout the world to increase to staggering proportions.The United States is estimated to require an additional 35 million workers by 2030, as more than 75 million baby boomers will retire by 2012 and by 2020 fertility rates will drop below replacement levels.