Skilled migration can address inequality

New research for Copenhagen Consensus identifies 12 incredibly effective policies that could deliver huge benefits at moderate costs. Smart migration is one such policy, especially for its impact on reducing inequality. — Jakarta Post

IF politicians were truly serious about ending global inequality, many economists would say there is one obvious policy: Allow greater global migration.

A nurse is paid about US$1,900 (RM8,455) a year in poor countries and about US$32,000 (RM142,400) in rich countries. A McDonald’s worker in India earns 16 times less than their counterpart doing the same job in the United States.