Video Interview: Borderless Economics - The Surprising Effects of Global MigrationMarch 22, 2012 Posted by: Joe Morgan
, 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 , 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 MedicareHow the "sea turtle" phenomenon – young Chinese returning home from their studies in the West – may eventually give us democracy in ChinaThe flow of educated migrants from poor countries to rich ones – the so-called "brain-drain" – actually reduces global povertyIf 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.
Robert Guest discusses the value of knowledge transfer from developed country to developing country.
Immigrants to U.S. retain and leverage their personal networks in the U.S. once...Read More