George Borjas, an economist at Harvard University, says, "the export of skill-intensive products raises the demand for skilled workers, aggravating the gap between skilled and unskilled".
One of the fastest growing sectors is exports of skills and equipment to a growing number number of countries.
The conclusion is that if families become too poor to finance human capital accumulation, or the state too stingy to supply it at a reasonable cost, exports of skill-intensive goods can become uncompetitive and the transition to openness may involve increasing poverty, unemployment and stagnation.
He reckons London's grand show should now invigorate Britain's own export of such skills.It is already happening.
"Any job can be exported, irrespective of skills," he said.
His party, the Popular Movement for the Liberation of Angola, was never really likely to lose (as it happens, it won 72% of the vote), but the export of Brazilian political communications skills added a new layer to the construction and extractives expertise that Mr dos Santos made central to the reconstruction of Angola.
At the same time, China and Mexico have a comparative advantage in manufactured goods that require low to moderate levels of skill, and their exports to us have grown, too.
This research presents the first evidence of the relative importance of practical export finance skills to Australian agribusiness exporters when they export to the U.S. and Japan.
These findings are of great practical importance in the design of market-specific export finance skills training programs for firms of differing size and exporting experience.
Of skill, and skullduggery.
