Saturday, May 19, 2012

SHIFTING TRENDS ON LABOR MIGRATION: LESSONS FROM INDIA



According to France 24 English an international French news agency, highly skilled worker seeking work in the West are now less likely to stay abroad for more than 4-5 years as they seek to return to their country of origin to enjoy their earning, or start a business.   This particular trend is happening in India, a country that has witness unbelievable economic growth over the past 15 years. Given their high saving potential, Indian doctors and engineers are returning home to put their entrepreneurial skill to work. 

It is estimated that there are 200 million migrants worldwide and only 1/3 is composed of labor migrants and 2/3 is family migration.