Tuesday, March 27, 2012

1. Though migration is the order of the day thanks to globalization, of late, some rich economies do not seem to be interested in absorbing human capital from poor economies.

• What do you think are the factors that promote this biased attitude to the poor?
• Do you think there is something that can reverse this order?


Migration of human capital has been common ever since globalization came underway. But, today, rich nations are a little apathetic towards immigrants from poor nations. This essay is to identify the reasons for this prejudiced attitude, and to check what can be done to turn this condition around.

This first element is that poor migrants are known for making money and sending it back to their countries by abstain themselves maximum from spending. Obviously, finance outflow is a concern for the rich. Secondly, globally, the employment scenario is not that bright, and the arrival of fresh migrants would sabotage the dreams of the rich. For example, poor migrants are ready to work more for less. And finally, it may be said that many poor migrants are not up to the expectations of the rich in terms of qualifications, work culture and skill-sets. These are the major factors.

Obviously, there are genuine reasons for the rich not to promote migration from poor economies. But these nations cannot be going like this for long. There needs a change in this attitude. The first thing that can be done is to make the human capital meet a common standard set by host nations. Secondly, poor nations can suspend strategic trade operations in a selective manner so that rich nations may be forced to adopt a pro-poor policy. Besides this, international summits held by the UN and similar bodies should insist on all member nations to resort to friendly conditions when it comes to inviting human capital from poor nations.

In short, globalization as such is useful only if human capital is exchanged freely between nations. Therefore, it is unfair for the rich to abstain from inviting the poor. Anyway, there are ways to tackle this prejudiced attitude to the poor. The world must bust it.

290 words
Ajaypeesdoc
27.3.012

No comments: