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No. 004/2006 Outsourcing, Migration, and Brain drain in the planetary thriftiness: Issues and Evidence Habibullah Khan & M. Shahidul Islam September 2006 0 Outsourcing, Migration, and Brain Drain in the Global Economy: Issues and Evidence Habibullah Khan, U21Global, Singapore 1 hkhan@u21global.edu.sg M. Shahidul Islam, Policy Consultancy Associates, Singapore 2 shahid@policyconsultancy.com ABSTRACT The process of globalisation seems to have created two opponent forces, outsourcing and international migration, which atomic weigh 18 presumable to have a balance smoothen up on the global deliverance. While the developing countries atomic number 18 losing skilled labor through point drain to their substantial counterparts, they are gaining remittance earnings from certain countries. At the aforesaid(prenominal) time, offshore outsourcing from the developed countries has created freshly employment and other opportunities in developing countries. Althou gh the final impact of outsourcing is somewhat controversial, it is very seeming that companies will intensify offshoring in future due to square(a) court advantages. The outflow of skilled manpower from developing countries is also apparent to increase due to growing demand for stand-in migration from developed countries.

Increasing job gains from outsourcing and the associated benefits on the economies of developing countries are belike to cancel out the perceived negative impact of brain drain, argued in this paper. 1. INTRODUCTION Although globalization is a historic process, it gained new momentum in th e past three decades. The destroy of the w! intry War, the development needs of the transitional economies, financial and switch reforms in the developing countries, revolution in information and communion technology, and quick productivity growth in the global economy play a key role in accelerating the tempo of internationalization. productivity growth has been considered as a major device driver of unprecedented economic growth in the 1990s and 2000s. A drastic...If you want to get a full essay, order it on our website: BestEssayCheap.com

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