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Today's global refugee crisis recalls the period immediately after World War II. By one contemporary estimate, there were more than 40 million refugees in Europe alone. The refugee crisis, whatever else it may be, is an economic problem.I asked them to describe the dimensions of the refugee problem in economic terms, and to propose some sensible policies to address it.Hatton confronts a popular argument against admitting refugees: that asylum-seekers are not really desperate, but are just using a crisis as a pretext for admission to a richer country. He finds that, contrary to some expectations, refugee flows are driven largely by political terror and human rights abuses, not economic forces. Finally, Jeffrey D. Sachs of Columbia University detailed a major new system for managing refugees.
Protecting workers without tariffs
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