Monday, May 23, 2011

Some links on trade and immigration

Free Trade Agreements may be good, even if there is trade diversion. This is true, and we have known it theoretically for a while. This post summarizes some empirical evidence supporting it. (Jim Anderson, Vox)
US trade policy and Doha: Multilateralism is less important to US trade policy these days and bilateral agreements are starting to take precedence. Is this good? (Fred Bergsten, Vox)
US trade policy in the 21st century: strategic trade mistakes of the past redux? (Richard Baldwin, Vox, part I; here is part II)
Migration restrictions and the flow of immigrants. It seems plausible that one conclusion from this article is that immigration restrictions do almost nothing to curtail the quantity of immigrants, might even increase the number of immigrants in the US (by lengthening stays of would-be short term or seasonal migrants who now incur higher border crossing costs), and mainly serves to transfer rents to criminals. (Drew Keeling, Vox)
The curious case of the CIS. (Dilip Ratha, People Move)