The Immigrant Exodus

The Immigrant Exodus

Author: Vivek Wadhwa

Publisher: University of Pennsylvania Press

Published: 2012-10-02

Total Pages: 107

ISBN-13: 1613630204

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A 2012 ECONOMIST BOOK OF THE YEAR Many of the United States' most innovative entrepreneurs have been immigrants, from Andrew Carnegie, Alexander Graham Bell, and Charles Pfizer to Sergey Brin, Vinod Khosla, and Elon Musk. Nearly half of Fortune 500 companies and one-quarter of all new small businesses were founded by immigrants, generating trillions of dollars annually, employing millions of workers, and helping establish the United States as the most entrepreneurial, technologically advanced society on earth. Now, Vivek Wadhwa, an immigrant tech entrepreneur turned academic with appointments at Duke, Stanford, Emory, and Singularity Universities, draws on his new Kauffman Foundation research to show that the United States is in the midst of an unprecedented halt in high-growth, immigrant-founded start-ups. He argues that increased competition from countries like China and India and US immigration policies are leaving some of the most educated and talented entrepreneurial immigrants with no choice but to take their innovation elsewhere. The consequences to our economy are dire; our multi-trillion dollar loss will be the gain of our global competitors. With his signature fearlessness and clarity, Wadhwa offers a concise framework for understanding the Immigrant Exodus and offers a recipe for reversal and rapid recovery.


Global Diasporas and Development

Global Diasporas and Development

Author: Sadananda Sahoo

Publisher: Springer Science & Business Media

Published: 2013-12-02

Total Pages: 400

ISBN-13: 8132210476

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​This volume discusses how diasporas have evolved and engaged in economic, social and cultural domains of their host and home countries across the globe. The volume is divided into six parts: Issues, Challenges and Development Experiences; Diaspora Finance and Economic Development; Knowledge Transfer and Diasporas; The Politics of Inclusion and Exclusion; Gender and Diasporas; and Representation in Film, Theatre and Literature. It is truly a global representation of diasporic engagement. Its contributions come from experts in various disciplines across the globe, and the chapters cover socioeconomic, policy-related and cultural elements in countries as far apart as New Zealand and Zimbabwe. The contributors discuss major issues related to local communities' engagement with the diaspora and diaspora--home relations in Africa, West Asia, South and South-east Asia, Australia and New Zealand, China, and the USA, providing a panoramic view of diasporic flows in the twenty-first century. The interdisciplinary thrust of the volume, together with its global focus, makes this volume useful to researchers, academics and experts from the social sciences, population sciences and development studies, as also to analysts and policymakers across the world.


Reverse Brain Drain

Reverse Brain Drain

Author: Krishna Kumar

Publisher:

Published: 2008

Total Pages: 214

ISBN-13: 9788131419441

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Reverse brain drain refers to the process wherein human capital moves in reverse gear from an advanced country in the Western hemisphere to a Third-World developing nation that is on the threshold of rapid economic growth. This process transpires when sci


America's Corporate Brain Drain

America's Corporate Brain Drain

Author: Babs Ryan

Publisher:

Published: 2008

Total Pages: 0

ISBN-13: 9780981494708

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"Press '1' to listen to five more phone menus. If this is an emergency, please stay on the line forever for the next available operator?. If you hate phone menus, you're not alone. When big companies saw data proving that up to 70 percent of callers press '0' to reach a live operator, they did exactly what you'd expect. Instead of getting live operators to answer the phones, they disabled the 'zero out' function.From gouging gas prices to free checking accounts that charge for checkbooks and offer pointless point programs (50 percent of points are never redeemed), big businesses in America are disconnected. Most no longer offer the best products and services. America's Corporate Brain Drain reveals that the swell of me-too products and lousy service is because the best people no longer work in Goliath companies. We're moving forward with Toyota and connecting with Nokia because the brightest sparks in the U.S. have left big corporations or are planning exit strategies. The 27 million small-business owners didn't get the boot 89 percent of entrepreneurs quit their former positions. Boomers are negotiating for early retirement to start hobby jobs. Grads aren't willing to climb towering corporate ladders. Of the employees still stuck in big companies, 70 percent are unhappy with their jobs.In Corporate Brain Drain, corporate deserters, employees, and consumers who are fed up with behemoth banks and big old phone companies will find the real reasons why big business stopped working. And they'll discover how Americans, who are increasingly unwilling to put up with inferior products and the corporate culture that creates them, are regaining control.


Hollowing Out the Middle

Hollowing Out the Middle

Author: Patrick J. Carr

Publisher: Beacon Press

Published: 2009-10-01

Total Pages: 175

ISBN-13: 0807042390

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Two sociologists reveal how small towns in Middle America are exporting their most precious resource—young people—and share what can be done to save these dwindling communities In 2001, with funding from the MacArthur Foundation, sociologists Patrick J. Carr and Maria J. Kefalas moved to Iowa to understand the rural brain drain and the exodus of young people from America’s countryside. They met and followed working-class “stayers”; ambitious and college-bound “achievers”; “seekers,” who head off to war to see what the world beyond offers; and “returners,” who eventually circle back to their hometowns. What surprised them most was that adults in the community were playing a pivotal part in the town’s decline by pushing the best and brightest young people to leave. In a timely, new afterword, Carr and Kefalas address the question “so what can be done to save our communities?” They profile the efforts of dedicated community leaders actively resisting the hollowing out of Middle America. These individuals have creatively engaged small town youth—stayers and returners, seekers and achievers—and have implemented a variety of programs to combat the rural brain drain. These stories of civic engagement will certainly inspire and encourage readers struggling to defend their communities.


Challenges to Globalization

Challenges to Globalization

Author: Robert E. Baldwin

Publisher: University of Chicago Press

Published: 2007-11-01

Total Pages: 560

ISBN-13: 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.


Stepping Out of the Brain Drain

Stepping Out of the Brain Drain

Author: Michele R. Pistone

Publisher: Lexington Books

Published: 2007-05-30

Total Pages: 255

ISBN-13: 0739161326

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Stepping Out of the Brain Drain is an important contribution to the intensifying debate about highly skilled migration from developing to developed countries. Addressing the issue from the perspective of Catholic social thought, the authors demonstrate that both the economic and ethical rationales for the teaching's opposition to 'brain drain' have been undermined in recent years and show how the adoption of a less critical policy could provide enhanced opportunities for poor countries to accelerate their economic development.


How Big is the Brain Drain?

How Big is the Brain Drain?

Author: Ms.Enrica Detragiache

Publisher: International Monetary Fund

Published: 1998-07-01

Total Pages: 28

ISBN-13: 1451948425

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The brain drain from developing countries has been lamented for many years, but knowledge of the empirical magnitude of the phenomenon is scant owing to the lack of systematic data sources. This paper presents estimates of emigration rates from 61 developing countries to OECD countries for three educational categories constructed using 1990 U.S. Census data, Barro and Lee’s data set on educational attainment, and OECD migration data. Although still tentative in many respects, these estimates reveal a substantial brain drain from the Caribbean, Central America, and some African and Asian countries.