Relaxing the Restrictions on the Temporary Movements of Natural Persons: A Simulation Analysis

@article{Walmsley2003RelaxingTR,
  title={Relaxing the Restrictions on the Temporary Movements of Natural Persons: A Simulation Analysis},
  author={T. Walmsley and L. Winters},
  journal={CEPR Discussion Paper Series},
  year={2003}
}
While the liberalisation of trade has been at the forefront of the global agenda for many decades, the movement of natural persons remains heavily guarded. Nevertheless restrictions on the movement of natural persons across regions impose a cost on developing and developed economies that far exceeds that of trade restrictions on goods. This paper uses a global CGE model to investigate the extent of these costs, by examining the effects of an increase in developed countries’ quotas on both… Expand
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