Attention Economy


Friday, January 12, 2018

Brain Drain, Brain Gain and the Quality of Immigrants Debate

Quality of Immigrants Debate
Norway was once the kind of country Trump might’ve spit on. Now its people don’t even want to come here.
“Until the postwar era, Norway’s per capita gross domestic product — that is, the amount of economic activity generated per person — was about half that of the United States, according to the Maddison Project Database, which compiles and adjusts historical economic data. For much of that time, Norway’s GDP consistently ranked in the bottom half of European countries in the data set.
During that time of intense immigration, researchers have found, Norwegians were far from the model they might appear to be today. For decades after their arrival, they lagged behind other groups.”

America needs a Points-Based (High-Skill Biased) Immigration System
Noah Smith notes:
“According to Census data, more than 43 percent of African immigrants hold a bachelor’s degree or higher -- slightly more than immigrants from East Asia. Nigerian immigrants are especially educated, with almost two-thirds holding college degrees -- a significantly higher percentage even than Chinese or South Korean immigrants. African immigrants are also very likely to hold advanced degrees, many of which are earned at U.S. universities. By many measures, African immigrants are as far ahead of American whites in the educational achievement as whites are ahead of African-Americans.”

Pew Research notes:
“Median annual household income for Indian Americans in 2010 was $88,000, much higher than for all Asian Americans ($66,000) and all U.S. households ($49,800) — perhaps not surprising, given their high education levels.”

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Immigration and the High-Tech Sector
From NYTIMES - Why Silicon Valley Wouldn’t Work Without Immigrants
TECH Capitals - A Global Perspective
https://www.theguardian.com/cities/2016/oct/19/where-world-most-hi-tech-city-not-san-francisco
Washington Post notes that America’s loss might turn out to be Canada’s gain:
“Vancouver long has sought a share of Silicon Valley’s magic. With President Trump moving to curb immigration and the U.S. tech industry in open revolt, the friendly, functional Canadian city may finally get its wish.
Tech companies that keep satellite offices in Vancouver, just a two-hour flight from San Francisco, are exploring whether to move more jobs over the border. Immigration lawyers are reporting a steep uptick in inquiries. And a start-up is offering to smooth the way, for $6,000 a person, for foreign-born tech workers worried their U.S. visas may disappear.”

Portugal – Europe’s New Tech Capital?

Immigrants are bringing entrepreneurial flair to Germany – The Economist

Even Japan is throwing out the welcome mat for foreign techies