Posted by: whoamI May 9, 2006
brain drain...how do we stop it..
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i still see it as a very big problem....In a developing country like ours there is nothing more important than human capital and skilled wokers...one of the biggest things holding back our growth is the severe lack of skilled laborers...We cannot soley depend on remittance...what about our domestic economy?...the unemployment rate is close to 50%...remittance will not solve that...i am not against working abroad..matter of fact it is the only thing holding our country up right now...however most of our country men who work abroad also work very low skill jobs...waiters, bell boys etc...I am not referring to them as the brain drain...i am talking about people who study abroad and stay there...working in nice offices and living in the suburbs but sometimes also in the gas stations..we need thier skill and money...not too many educated people with money come back and invest in our market..even though right now it is very cheap to do so..These are the people needed in middle and upper managment, the skilled workers who have years of training and education in thier fields..investment is what creates jobs and opportunities and boosts productivity..yet the people we need to invest in and the people who have the money to invest are gone...
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