Description
A century ago, migrants frequently crossed an ocean and never saw their homelands again. Today, they call―or Skype―home the moment their flight has landed, and that’s the reason just the start. Thanks to cheap go back and forth and easy communication, immigrants in every single place stay in intimate contact with their native countries, creating powerful cross-border networks. In Borderless Economics, Robert Guest, The Economist‘s global business editor, travels through dozens of countries and 44 American states, observing how these networks create wealth, spread ideas, and foster innovation. Covering phenomena such as how young Chinese studying in the West are infecting China with democratic ideals, to why the so-referred to as “brain drain”―the glide of educated migrants from poor countries to wealthy ones―in reality reduces global poverty, it is a fascinating look at how migration makes the world wealthier and happier.