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Benjarong Suwankiri

Benjarong Suwankiri is an economist for TMB Bank Plc., Bangkok.

Titles by This Author

Political-Economy Policy Formation

Nobel laureate economist Milton Friedman once noted that free immigration cannot coexist with a welfare state. A welfare state with open borders might turn into a haven for poor immigrants, which would place such a fiscal burden on the state that native-born voters would support less-generous benefits or restricted immigration, or both. And yet a welfare state with an aging population might welcome young skilled immigrants.