Abstract
A compelling case can be made that talent migration makes a very significant contribution to global economic development, but the global governance of talent migration has been sorely neglected compared to other economic sectors such as international trade and finance. This essay makes the case for the value of creating a new global infrastructure for talent migration. The focus of this new agency would be on the optimal management of talent migration to realize its great potential for the mutual benefit of all mankind. Global migration, especially of highly skilled talent, has pushed forward scientific and technological discoveries. However, many existing challenges impede global talent migration. Meanwhile, the world economy has reached a critical point in which many major economies with aging populations and declining birth rates might lose the engines that drive economic development. Competition for talent has become increasingly fierce and the accumulation, or loss, of talent can have a significant impact on the balance of power in international relations. In the short term, the physical mobility of international talent has been limited by COVID-19. In the long term the frequency of online intellectual mobility provides an alternative way to replace physical international mobility.
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