Jagdish Bhagwati University Professor, Economics and Law, at Columbia University and Senior Fellow in International Economics at the Council on Foreign Relations. He has been uniquely celebrated with six festschrifts in his honor. His latest book, In Defense of Globalization (Oxford, 2004), a huge success worldwide, has just been reissued with an Afterword. He has received several honorary degrees and awards, among them the Freedom Prize (Switzerland), the Bernhard Harms Prize (Germany) and recently the Thomas Schelling Award (Kennedy School, Harvard). Gordon H. Hanson is the Director of the Center on Pacific Economies and Professor of Economics at UCSD, where he holds faculty positions in the Graduate School of International Relations and Pacific Studies and the Department of Economics. Professor Hanson is co-editor of the Journal of Development Economics, a research associate at the National Bureau of Economic Research, a member of the Council on Foreign Relations, and asenior research fellow at the Bureau for Research and Economic Analysis of Development.

• Preface ; Jagdish Bhagwati and Gordon Hanson ; Overview of Issues ; Jagdish Bhagwati ; Underlying Trends and Policy Changes in Receiving Countries ; Labor Markets and Demographics ; Supply of and Demand for Skilled Labor in the United States ; Lynn A. Karoly and Constantin W.A. Panis ; Skilled Labor Mobility in Post-War Europe ; L. Alan Winters ; Public Finance in an Era of Global Demographic Change: Fertility Busts, Migration Booms, and Public Policy ; David E. Wildasin ; Changing Policies and Selection Criteria ; Immigration and American Competitiveness: US Immigration Policy in the 21st Century ; Susan Martin, B. Lindsay Lowell, and Micah Bump ; Selection Criteria and the Skill Composition of Immigrants: A Comparative Analysis of Australian and US Employment Immigration ; Guillermina Jasso and Mark Rosenzweig ; The Role of Professional Societies in Regulating Entry of Skilled Migrants: The American Medical Association ; Sherry Glied and Debojyoti Sarkar ; Individual Preference over High-Skilled Immigration in the United States ; Gordon H. Hanson, Kenneth Scheve, and Matthew J. Slaughter ; Effects on Source Countries ; Overview ; Skilled Migration: The Perspective of Developing Countries ; Frederick Docquier and Hillel Rapoport ; Income Taxation and Skilled Migration: The Analytical Issues ; John Douglas Wilson ; African Template: The Return of the Brain Drain ; African Perspectives on the "Brain Drain" ; Yaw Nyarko and William Easterly ; Indian Template: Taxation ; Taxation and Skilled Migration to the United States: Revisiting the Bhagwati Tax ; John McHale

Jagdish Bhagwati University Professor, Economics and Law, at Columbia University and Senior Fellow in International Economics at the Council on Foreign Relations. He has been uniquely celebrated with six festschrifts in his honor. His latest book, In Defense of Globalization (Oxford, 2004), a huge success worldwide, has just been reissued with an Afterword. He has received several honorary degrees and awards, among them the Freedom Prize (Switzerland), the Bernhard Harms Prize (Germany) and recently the Thomas Schelling Award (Kennedy School, Harvard). Gordon H. Hanson is the Director of the Center on Pacific Economies and Professor of Economics at UCSD, where he holds faculty positions in the Graduate School of International Relations and Pacific Studies and the Department of Economics. Professor Hanson is co-editor of the Journal of Development Economics, a research associate at the National Bureau of Economic Research, a member of the Council on Foreign Relations, and asenior research fellow at the Bureau for Research and Economic Analysis of Development.

• Preface ; Jagdish Bhagwati and Gordon Hanson ; Overview of Issues ; Jagdish Bhagwati ; Underlying Trends and Policy Changes in Receiving Countries ; Labor Markets and Demographics ; Supply of and Demand for Skilled Labor in the United States ; Lynn A. Karoly and Constantin W.A. Panis ; Skilled Labor Mobility in Post-War Europe ; L. Alan Winters ; Public Finance in an Era of Global Demographic Change: Fertility Busts, Migration Booms, and Public Policy ; David E. Wildasin ; Changing Policies and Selection Criteria ; Immigration and American Competitiveness: US Immigration Policy in the 21st Century ; Susan Martin, B. Lindsay Lowell, and Micah Bump ; Selection Criteria and the Skill Composition of Immigrants: A Comparative Analysis of Australian and US Employment Immigration ; Guillermina Jasso and Mark Rosenzweig ; The Role of Professional Societies in Regulating Entry of Skilled Migrants: The American Medical Association ; Sherry Glied and Debojyoti Sarkar ; Individual Preference over High-Skilled Immigration in the United States ; Gordon H. Hanson, Kenneth Scheve, and Matthew J. Slaughter ; Effects on Source Countries ; Overview ; Skilled Migration: The Perspective of Developing Countries ; Frederick Docquier and Hillel Rapoport ; Income Taxation and Skilled Migration: The Analytical Issues ; John Douglas Wilson ; African Template: The Return of the Brain Drain ; African Perspectives on the "Brain Drain" ; Yaw Nyarko and William Easterly ; Indian Template: Taxation ; Taxation and Skilled Migration to the United States: Revisiting the Bhagwati Tax ; John McHale

Jagdish Bhagwati University Professor, Economics and Law, at Columbia University and Senior Fellow in International Economics at the Council on Foreign Relations. He has been uniquely celebrated with six festschrifts in his honor. His latest book, In Defense of Globalization (Oxford, 2004), a huge success worldwide, has just been reissued with an Afterword. He has received several honorary degrees and awards, among them the Freedom Prize (Switzerland), the Bernhard Harms Prize (Germany) and recently the Thomas Schelling Award (Kennedy School, Harvard). Gordon H. Hanson is the Director of the Center on Pacific Economies and Professor of Economics at UCSD, where he holds faculty positions in the Graduate School of International Relations and Pacific Studies and the Department of Economics. Professor Hanson is co-editor of the Journal of Development Economics, a research associate at the National Bureau of Economic Research, a member of the Council on Foreign Relations, and asenior research fellow at the Bureau for Research and Economic Analysis of Development.

• Preface ; Jagdish Bhagwati and Gordon Hanson ; Overview of Issues ; Jagdish Bhagwati ; Underlying Trends and Policy Changes in Receiving Countries ; Labor Markets and Demographics ; Supply of and Demand for Skilled Labor in the United States ; Lynn A. Karoly and Constantin W.A. Panis ; Skilled Labor Mobility in Post-War Europe ; L. Alan Winters ; Public Finance in an Era of Global Demographic Change: Fertility Busts, Migration Booms, and Public Policy ; David E. Wildasin ; Changing Policies and Selection Criteria ; Immigration and American Competitiveness: US Immigration Policy in the 21st Century ; Susan Martin, B. Lindsay Lowell, and Micah Bump ; Selection Criteria and the Skill Composition of Immigrants: A Comparative Analysis of Australian and US Employment Immigration ; Guillermina Jasso and Mark Rosenzweig ; The Role of Professional Societies in Regulating Entry of Skilled Migrants: The American Medical Association ; Sherry Glied and Debojyoti Sarkar ; Individual Preference over High-Skilled Immigration in the United States ; Gordon H. Hanson, Kenneth Scheve, and Matthew J. Slaughter ; Effects on Source Countries ; Overview ; Skilled Migration: The Perspective of Developing Countries ; Frederick Docquier and Hillel Rapoport ; Income Taxation and Skilled Migration: The Analytical Issues ; John Douglas Wilson ; African Template: The Return of the Brain Drain ; African Perspectives on the "Brain Drain" ; Yaw Nyarko and William Easterly ; Indian Template: Taxation ; Taxation and Skilled Migration to the United States: Revisiting the Bhagwati Tax ; John McHale