CASE STUDY ON BRAIN DRAIN In many part of the world talented engineers or scientists or any professionals studies abroad and return back to the home country with a expectation to work in highly paid jobs . This is evident from South Korean and Taiwanese firms. The candidate would study in US and then return to the home country to be a global leader in IT production. World Bank (1993) emphasised that return of foreign educated nationals has transfer of best practices and knowledge to South Korean and Taiwanese semi-conductor firms. Some of the researchers argued that government policies and firmsâ€™ strategies played a key role in â€œreversing brain drainâ€. South Korea and Taiwan has a set of policies and conditions that will accelerate the process of learning about new sources of skill, technology and capabilities by the migrating students. The Indian case is distinctive as over the decades, the pursuit of better academic and economic opportunities has resulted in massive â€œbrain drainâ€, mostly in the form of migration of scientists and engineers from elite Indian institutes to technologically advanced countries. n 1998 Indian engineers were running more than 775 technology companies in Californiaâ€™s Silicon Valley that accounted for $3.6 billion in sales and 16,600 jobs. the Indian government recently launched initiatives to motivate this strong resource to play a more active role in economic development. At firm level the process of attracting non-resident Indian managers, engineers and scientists began with the opening of the economy from the beginning of the 1990s. British science is facing the threat of a highly damaging brain drain that could see scores of top young researchers leaving the UK.
The British Academy has pointed out that about a third of all UK archaeology research is funded from Europe while classics, law and philosophy also get substantial support this way. American High school students are less opting for schools in America and ger admission in Canada . By 2026 it is expected that America would have fewer 18-year old entering college. Economic theory predicts that a brain drain can have positive or negative impacts on the sending country. Although a paper by Grubel and Scott (1966) had emphasized that positive feedback effects â€” in terms of remittances and technology acquisition â€” had the potential to offset the losses caused by the migration of skilled workers, the emphasis of the early literature was on the losses rather than the gains of the brain drain Direction : Read the above scenario of Brain Drain and answer the below questions Analyze the concept of Brain drain from the above scenario and give your judgement on the situation ( 5Points x 1 Marks= 5 Marks ) ( reframe) Choose any 2 countries from the above scenarios and evaluate the impact of brain drain on these 2 countries (5 Impact Points x 1 Marks= 5 Marks ) Do you agree Brain drain can lead to improvement of human capital . Evaluate the above information in the selected countries in terms of â€œhuman capital improvementâ€
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