Economic Impacts of Trade and Immigration
For the week of March 19, 2017
A look at the economic consequences of trade and immigration policy, especially as these policies relate to Minnesota.
Guests: Timothy Kehoe, Professor of Economics at the University of Minnesota and advisor for the Federal Reserve Bank of Minneapolis; Maura Donovan, Executive Director of the Office of University Economic Development at the University of Minnesota
Part 1 Professor Kehoe discusses the implications of tariffs and border taxes and our standing within the World Trade Organization. “If we had a trade war,” Kehoe warns, “I cannot see how that will work out well for the world economy and for Minnesotans.”
Part 2 Under the leadership of Humphrey School of Public Affairs Dean Eric Schwartz and Maura Donovan, Executive Director of UED, this Committee on Minnesota Workforce and Immigrants commissioned a study by Associate Professor Ryan Allen to look at the future of Minnesota’s workforce and immigrant population. Many parts of the state are expected to see population decline in the coming decades; therefore, immigrants will need to play a larger role in the state’s workforce.
For more information on the report “Immigrants and Minnesota’s Workforce” go to: http://www.research.umn.edu/business/immigrants.html