01167nam a22001337a 4500100003900000245008300039260003200122300000800154520067600162650004700838856012800885942000701013999001301020 aSolimano, Andrés Watts, Nathalie aInternational Migration, Capital Flows and the Global Economy: a Long Run View aChilebUnited Nationsc2005 a40p aHistorically, periods of increased trade and capital mobility have been also accompanied by more intense labor mobility across national borders. Conversely, in periods of global instability, stagnation, nationalism and more restrictive policies toward migration and capital mobility we observed less action in global factor markets. The first wave of globalization from around 1870 to 1913 was a period in which capital and labor were both free to move internationally. The interwar period with its economic turbulence, political disarray and rising nationalism witnessed both a movement towards reduced intercontinental migration and more chaotic and diminished capital  aBrain Drain Capital Inflow Capital Outflow uhttp://iffoadatabase.trustafrica.org/iff/international_migration,_capital_flows_and_the_global_economy-_a_long_run_view.pdf cCF c150d150