What the Future Holds: Democracy, Corruption, ESG and Emigration
Charlie Robertson ()
A chapter in The Time-Travelling Economist, 2022, pp 219-242 from Springer
Abstract:
Abstract Having established what does drive growth, we need to be honest about emigration and corruption. With four Korean presidents in jail for corruption and China executing leading officials, it seems clear in 30 years of Transparency International’s data that it is the growing middle class that will address corruption—and corruption doesn’t stop growth. Meanwhile aid, if it helps lift wealth levels, will lead to a surge, not a fall in emigration—at least until per capita GDP is close to $10,000. Africa and Pakistan—and recipients of these labour flows—need to plan for tens, or even hundreds, of millions to be on the move in coming decades.
Keywords: Democracy; Migration; Corruption (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-97597-5_6
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DOI: 10.1007/978-3-030-97597-5_6
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