The Centre for Policy Research (CPR) presents:
In the Centre
A 50th Anniversary Lecture Series:
More and better international mobility of core skill labor: A win-win for India’s global leadership
A lecture by Lant Pritchett
Followed by a conversation with KP Krishnan, Honorary Research Professor at CPR
Wednesday, 3 May 2023, 4 PM IST at the CPR office conference room (Dharma Marg, New Delhi) and online via Zoom.
Speaker: Lant Pritchett
Discussant: K.P. Krishnan
About the Lecture
The lecture presents three arguments. First, by 2050 labor mobility from developed to developing economies is potentially massive, producing trillions annually in wage gains to movers. Second, what is needed to unlock those gains is the legally authorized and legitimately regulated industry of people who move people. For authorized rotational labor mobility this industry can handle the functions of recruitment, preparation, placement, protection, and compliance, connecting aspirant migrants and firms needing workers. Third, being a global leader in creating the functional international infrastructure for labor mobility is a win-win for India as it both (i) produces massive benefits of greater opportunity and heightened protection from exploitation for Indian workers and (ii) positions India as a global leader in creating a needed and valuable “global public good.”