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- W3125103695 abstract "Tackling Global Inequality in Labor Migration: Diaspora Mechanism and Migration Development Bank Aleksandr V. Gevorkyan gevoa223@newschool.edu Department of Economics New School for Social Research Arkady V. Gevorkyan garkady07@yahoo.com T3 CAPITAL, LLC Prepared for the University of California at Santa Cruz Conference on “Mapping Global Inequalities - Beyond Income Inequality” * November 17, 2007 New York, NY Keywords: temporary labor migration regime, diaspora, migration development bank JPE Classification: J0, O1, P3, D63 Abstract Globalization is a multifaceted phenomenon, of which temporary labor migration is the most socially profound and economically evident aspect. One of the immediate concerns related to increasing numbers of labor migrants is a correspondingly increasing inequality in their labor efforts vis-a-vis domestic workers; migrants’ social and legal status. Derived from such premise, this paper offers practical solutions tackling inequality, achieving social balance and migrants’ welfare. Our original propositions include Diaspora-led temporary labor migration mechanism and Migration Development Bank. Both policy instruments are prompted by analysis of modern labor markets and labor migration patterns. A state-managed temporary labor migration regime is recommended at the initial stages. Multilateral governmental agreements are prerequisite for legitimacy of the mechanism and formal protection of migrants’ and domestic workers’ rights. Fiscal policy is crucial in the final implementation of the proposed Diaspora mechanism. Collective welfare of the army of migrants is at stake with strong spillover effects in infrastructure, human capital and entrepreneurial projects in the home and host economies. Timely resolution of inequality issues shapes nation’s development path. This paper adds to the emerging research literature on the Diaspora studies. In the modern interlinked world Diasporas become real dominant actors in country development. Critical research within this theme must be encouraged and welcomed. Views expressed in this paper are those of the authors solely and do not represent the views of the institutions the authors are affiliated with. First draft submitted September 14, 2007." @default.
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- W3125103695 date "2007-12-09" @default.
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- W3125103695 title "Tackling Global Inequality in Labor Migration: Diaspora Mechanism and Migration Development Bank" @default.
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