Download Borderless Economics: Chinese Sea Turtles, Indian Fridges, and the New Fruits of Global Capitalism AudioBook Free
A century earlier, migrants often crossed an sea and never saw their homelands again. Today, they call - or Skype - home the moment their airfare has landed, and that's just the start. Because of cheap travel and easy communication, immigrants all over the place stay in romantic contact with their local countries, creating powerful cross-border networks. In Borderless Economics, Robert Guest, The Economist's business editor, travels through dozens of countries and 44 American states, observing how these networks create wealth, pass on ideas and foster creativity. He shows how:
- Brainy Indians in the us collaborate with brainy Indians in India to make $70 fridges and $300 homes
- Young Chinese study in the Western world and then gain home (where they're known as "sea turtles"), infecting China with ideas that will eventually transform it democratic
- The so-called "brain drain" - the flow of educated migrants from poor countries to abundant ones - actually reduces global poverty
- America's unique capacity to appeal to and absorb migrants enables it utilize the energy of all world's diaspora networks