Some people say globalization causes brain drain as developed nations increasingly exploit human resource from around the world, whereas some others say it leads to mutual global gains as the world is able to make better use of brains for the well being of the whole humanity.
Essay 070
• How do you look at these two view points?
Globalization is an international arrangement reached among nations of common interests for the benefit of all. But there is heated discussion on the views that rich nations are causing brain drain on the one hand, and on the other, it is an adjustment for mutual gains of all.
When it is looked at from a brain drain angle, it is an undeniable fact that many rich nations are making use of the brains from poor nations. For example, a great number of scientists working in the NASA and various research labs of the US are scientists from third world nations. The technological and financial superiority enjoyed by such rich nations is made possible greatly by human resources from the rest of the world. Though these resources are paid handsomely, intellectual property cannot be equated in terms of money.
On the other hand, it is also indisputable that great amount of human resources is being wasted in poor nations for want of opportunities. For them, today’s concept of global village comes handy and many of them find great chances for employing their intellectual properties and expertise elsewhere. Of course, their contributions to the rich economies are likely to percolate to other parts of the world. For example, mutual transfers of know-hows. So exploiting brains, wherever they are from, is a better proposition than under-utilizing or not utilizing them at all.
So it is right to conclude that globalization offers both opportunities and inconveniences. But, if the member nations could exploit the opportunities for the betterment of the whole world, a few inconveniences could be sorted out. So it is a win-win for all.
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