“It’s a concern that has manifested itself in a paper produced by the Graduate Management Admission Council (GMAC), which both highlights the crucial role immigration grows in fueling productivity and economic growth, but also the risks of political short-termism resulting in this talent supply being shut down.
‘The reality is, it is talent that is in shortest supply,’ the authors say. ‘Nations that prioritize its development, its attraction, its retention, and its movement across borders will be best positioned to compete. In a world of machines and algorithms, competitive advantage will come from the exchange of human capital.’”
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