International adoption has plummeted by over 80% since its peak in 2004, leaving countless children in orphanages and prospective adoptive families facing more barriers. But why has this happened and what can we do about it? This week on All Together: The Family Science Insights Podcast, host Marie Stella interviews economics professor emeritus Mark Montgomery to learn more.
Serving as Professor of Economics Emeritus at Grinnell College in Iowa, Mark Montgomery teaches subjects such as the economics of education and environmental economics. In the book ‘Saving International Adoption: An Argument from Economics and Personal Experience’ which Mark co-authored, he offers his knowledge and prowess on the economics of international adoption, alongside real-world studies and personal anecdotes. Above all, he is a father to three children—two of whom are adopted; one domestically, and one internationally.
In this episode, Mark Montgomery addresses the challenges of adoption—whether domestic or international—that prospective adopters should expect to face, from financial hardships to birth order. That aside, he sheds light on the studies cited in his book that have contrasted common concerns about the harms of transracial adoption.
Together, Marie and Mark Montgomery discuss the various considerations to make, as well as habits to practice if adopting domestically, internationally, or transracially. So, whether you’re looking to adopt or simply curious about the economics of adoption, tune in to learn how this crisis affects families worldwide, as well as what families should consider when adopting!
Follow Mark Montgomery’s work via https://montgomerypowell.com/
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