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No. 004/2006 Outsourcing, Migration, and Brain run off in the planetary saving: 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 globalization seems to have created two opponent forces, outsourcing and international migration, which atomic keep down 18 presumable to have a balance buffet up on the global deliverance. While the developing countries be losing skilled labor through pass drain to their unquestionable counterparts, they are gaining remittance earnings from unquestionable countries. At the alike(p) time, offshore outsourcing from the developed countries has created late employment and other opportunities in developing countries. Although the final impact of outsourcing is somewhat controversial, it is very in all likelihood that companies will intensify offshoring in future due to square(a) constitute advantages. The outflow of skilled manpower from developing countries is also possible 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 presumable 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 the past three decades. The destroy of the stone-cold Wa! r, the development needs of the transitional economies, financial and switch reforms in the developing countries, revolution in information and communion technology, and speedy productivity growth in the global economy compete a key role in accelerating the tempo of internationalization. productiveness 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: OrderCustomPaper.com

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