Lecturer, Khalsa College For Women, Ludhiana, India
Online published on 3 June, 2015.
International migration is an increasingly important issue for country's knowledge based economy's development. We meet the different forms of globalization in every step of our daily lives. Not only flows of money and goods are characterizing globalization, one of the most significant forms of it is international migration. International migration comes in different “shapes and sizes”. Migration is an “umbrella-term”, which has to do with e.g. forced migration, caused by political or social conditions, and voluntarily migration in the pursuit of a better life and the most important is the consequence of weak industrial base. The return of the highly educated migrants, after having lived in the destination country for a period of time….. Often the returnee, apart from bringing home the human capital that was originally lost, also brings back accumulated experience and networks that, most likely, would have been impossible to achieve if the returnee had stayed in his/her home country.i. e a highly skilled/highly educated individual migrate in the hope of utilizing his/her skills in the destination country, only to discover that there is no jobs available, leaving no options for the individual but to do unskilled labour. Hence a loss of human capital has taken place for the source country. The present paper will ponder over the theoretical foundation of Brain circulation and Brain waste as a theoretical foundation of frail industrial base and some rudiments of actions which stimulate the manifestation of brain circulation.
Migration, globalization, Frail base, human capital