Video Interview: Borderless Economics - The Surprising Effects of Global Migration

Robert Guest, The Economist's Business Editor, discusses his key business and economic findings from his book Borderless Economics: Chinese Sea Turtles, Indian Fridges and the New Fruits of Global Capitalism in this video interview with Joe Morgan, Chief Investment Officer of SVB Asset Management. In his global travels Mr. Guest has observed how immigrant networks create wealth, spread ideas and foster innovation. Among the topics covered in his book:

• How Indians in America and India build the frugal technology that could ultimately save Medicare
• How the "sea turtle" phenomenon – young Chinese returning home from their studies in the West – may eventually give us democracy in China
• The flow of educated migrants from poor countries to rich ones – the so-called "brain-drain" – actually reduces global poverty
• If the U.S. keeps its borders open and taps into the powerful global diaspora network, it will remain the world's most powerful nation

Click on the links below to view excerpts from the video.

• The Value of Knowledge Transfer
  Robert Guest discusses the value of knowledge transfer from developed country to developing country.
• The Personal Network
  Immigrants to U.S. retain and leverage their personal networks in the U.S. once they return to their homeland.
• U.S. Immigrant Culture
  America's immigrant culture reflects tolerance and creates the ability to fit in.
• The Heavy Burden of the U.S. Immigration Process
• The Network Effect of Immigration
• Borderless Information
  The flow of information across boundaries is facilitated by immigrant networks.
• The Next Wave of Innovation
  Immigrant networks are the conduit to the next wave of innovation.
• Work as a Force for Integration
  The work environment is a powerful force for integrating immigrants in to their adopted society.
• The Undermining of China's One-Party State
  China's contact with the outside world will ultimately undermine its one-party state.
• Reform in China
  Chinese immigrants to the U.S. will help advocate for reform in China.
• Free Flow of Information
  Enabling the free flow of information and people worldwide.