Challenges to Globalization

Challenges to Globalization
Author: Robert E. Baldwin
Publisher: University of Chicago Press
Total Pages: 560
Release: 2007-11-01
Genre: Business & Economics
ISBN: 0226036553


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People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and private sector organizations, and some developing country governments. These tensions are commonly attributed to longstanding disagreements over such issues as labor rights, environmental standards, and tariff-cutting rules. In addition, developing countries are increasingly resentful of the burdens of adjustment placed on them that they argue are not matched by commensurate commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices. Baldwin, Winters, and the contributors to this volume look at multinational firms, foreign investment, and mergers and acquisitions and present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low wage labor. The book closes with papers on financial opening and on the relationship between international economic policies and national economic growth rates.

Eight Questions About Brain Drain

Eight Questions About Brain Drain
Author: John Gibson
Publisher:
Total Pages: 30
Release: 2017
Genre:
ISBN:


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High-skilled emigration is an emotive issue that in popular discourse is often referred to as brain drain, conjuring images of extremely negative impacts on developing countries. Recent discussions of brain gain, diaspora effects, and other advantages of migration have been used to argue against this, but much of the discussion has been absent of evidence. This paper builds upon a new wave of empirical research to answer eight key questions underlying much of the brain drain debate: 1) What is brain drain? 2) Why should economists care about it? 3) Is brain drain increasing? 4) Is there a positive relationship between skilled and unskilled migration? 5) What makes brain drain more likely? 6) Does brain gain exist? 7) Do high-skilled workers remit, invest, and share knowledge back home? and 8) What do we know about the fiscal and production externalities of brain drain?

Brain Gain

Brain Gain
Author: Maurice Schiff
Publisher: World Bank Publications
Total Pages: 41
Release: 2005
Genre: Brain drain
ISBN:


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"Based on static partial equilibrium analysis, the "new brain drain" literature argues that, by raising the return to education, a brain drain generates a brain gain that is, under certain conditions, larger than the brain drain itself, and that such a net brain gain results in an increase in welfare and growth due to education's positive externalities. This paper argues that these claims are exaggerated. In the static case, and based on both partial and general equilibrium considerations, the paper shows that (1) the size of the brain gain is smaller than suggested in that literature; (2) the impact on welfare and growth is smaller as well (for any brain gain size); (3) a positive brain gain is likely to result in a smaller, possibly negative human capital gain; (4) an increase in the stock of human capital may have a negative impact on welfare and growth; and (5) in a dynamic framework, the paper shows that the steady-state brain gain is equal to the brain drain so that a "beneficial brain drain" cannot take place, and a net brain loss is likely during the transition.

Diasporas

Diasporas
Author: Kathleen Newland
Publisher:
Total Pages: 0
Release: 2010
Genre: Business & Economics
ISBN: 9780974281971


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Diasporas play an increasingly prominent role in discussions on foreign assistance and development policy. Governments of migrant-sending countries are working to attract both the talents and resources of emigrants and their descendants while governments of aid-sending countries hope to improve the outcomes of development assistance by engaging the talents and expertise of diasporas. Independently of governments, many diaspora groups or individuals recognize profitable opportunities in their homelands or contribute their time, talents, and resources to improving the quality of life there. This volume examines the development impact of diasporas in six critical areas: entrepreneurship, capital markets, "nostalgia" trade and "heritage" tourism, philanthropy, volunteerism, and advocacy. It is the result of research commissioned by the U.S. Agency for International Development's Office of Poverty Reduction, Diaspora Networks Alliance. Contributors include Roberto Munster, Hiroyuki Tanaka, Carlyanna Taylor, and Aaron Terrazas.

The Brain Drain

The Brain Drain
Author: Herbert Grubel
Publisher: Wilfrid Laurier Univ. Press
Total Pages: 180
Release: 2006-01-01
Genre: Social Science
ISBN: 0889207968


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Theoretical studies of the determinants of migration by skilled persons and the output and welfare effects of such migration on the migrants and the countries of departure and destination. The volume measures the numbers of highly skilled migrants from different countries to the U.S. and Canada, with an analysis of policy alternatives.

Brain Drain, Brain Gain - Session Proceedings - May 25, 2000

Brain Drain, Brain Gain - Session Proceedings - May 25, 2000
Author:
Publisher:
Total Pages: 0
Release:
Genre:
ISBN:


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18 Caledon Institute of Social Policy Brain Drain, Brain Gain Session Proceedings Questions From the Audience Questions from the audience focussed on three major themes: multiculturalism and equity - the gap between the ideal and the reality; glo- balization and the movement of intellectual capi- tal and skills; and the differences between the Canadian and American approaches to access to professi. [...] Several audience members and panelists raised the issue of the relative absence of immigrants and people of colour in the power structures of the country. [...] The comments of an audience member from the Association of Women of India and Canada illustrate the tone and complexity of the discussion: "I'm getting a little tired of hearing that Canada is the best country in the world according to UN standards while we have such severe anguish going on at the same time." The speaker praised the multicultural 'experiment' in Canada as the key to the future of. [...] And you will not have that sense of community if a lot of people are not being included." Theme 2: Globalization and the movement of intellectual capital and skills An audience member posed a question regarding the degree to which intellectual capi- tal that is outside of the mainstream of the domi- nant culture is valued in Canadian society. [...] Adams holds an Honours BA in Political Science from Queen's University (1969) and an MA in Sociology from the University of Toronto (1970) and is the author of the bestseller Sex in the Snow: Canadian Social Values at the End of the Millennium [Penguin, 1997].

Sustainable Reintegration of Returning Migrants A Better Homecoming

Sustainable Reintegration of Returning Migrants A Better Homecoming
Author: OECD
Publisher: OECD Publishing
Total Pages: 96
Release: 2020-10-15
Genre:
ISBN: 9264649913


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For many OECD countries, how to ensure the safe and dignified return to their origin countries of migrants who do not have grounds to remain is a key question. Sustainable Reintegration of Returning Migrants: A Better Homecoming reports the results of a multi-country peer review project carried out by the OECD, with support from the German Corporation for International Cooperation (GIZ) on behalf of the Federal Ministry for Economic Cooperation and Development (BMZ).

Brain Drain

Brain Drain
Author: Junaimah Binti Jauhar
Publisher: Springer
Total Pages: 180
Release: 2016-06-15
Genre: Business & Economics
ISBN: 9811009775


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This book focuses on skilled labour migration from Malaysia to Singapore. In this regard, it examines a number of variables such as Better Perks and Benefits, Quality of Work Life, Ease of Immigration Procedures, International Exposure, Greater Job Availability, and Social Networks, and how they influence the decisions of Malaysian accounting professionals.In doing so, the book elaborates on how this phenomenon is an indirect result of globalization, which is predominantly detrimental for developing countries such as Malaysia. The book also highlights the need for these experts in their home country, as Malaysia is currently striving to improve its economy in order to achieve high-income status by 2020.