The Intelligence from The Economist cover image

Bait the hook! Fishing in the global talent pool

The Intelligence from The Economist

NOTE

Talent Attracts Opportunity

Importing top talent does not detract from local job opportunities; instead, it generates additional employment for locals. The migration debate often overshadows this fact by focusing on asylum seekers and less-skilled immigrants. High-caliber individuals typically arrive legally and have alternative global options, making their potential impact distinct. If bureaucratic barriers were reduced, major English-speaking nations like the US, Canada, and Australia would see significant increases in their graduate populations, which in turn would boost innovation and economic growth. This demonstrates the immense talent pool available to these countries if they facilitate easier immigration processes.

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