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  • articleNo Access

    EXAMINING THE RISK OF BRAIN DRAIN AND LOWER REMITTANCES

    Developing countries could be facing two linked trends that are potentially detrimental to their development prospects: outmigration of high-skilled professionals and the potential decline in remittances as migrants with higher skills may be less likely to remit or may remit less if they do. This paper examines this policy issue by empirically analyzing a cross-national dataset spanning 70 countries during the period 1985–2000, as well as a country-specific dataset for the Philippines. It finds little evidence that high-skilled migration is linked to lower remittances at the aggregate level. This finding coheres with more recent studies leveraging microlevel data.

  • articleNo Access

    Trends and Future Prospects of Indian and Chinese Software Industry: Aspects Before Indo-China Diaspora

    In the Asia-Pacific region, India and China have spectacular role in promoting software industry. India is a leading destination for Information Technology (IT) software, while China is strong in the hardware segment. Unfortunately, the bilateral engagements between the two countries have been limited. This paper traces the immense opportunity available for strengthening the diasporic relations in the Indo-China software market. The paper identifies the important difference between the Chinese and Indian software with respect to the usage and the determinants of software development in both countries. Both diasporas are privileged to have their human resources that can play an important role through software outsourcing. The paper throws light on the SWOT analysis of both the economies in the area of the trends and patterns of software export and domestic market, factor inputs and the role of policy instruments, institutions and market forces needed for the promotion of the software industry. It also identifies the collaboration between companies from the point of view of the Indo-China economies that will be a win-win situation for competing and capturing the world market, if India’s strength in software could be meshed with China’s prowess in hardware.

  • chapterNo Access

    Chapter 10: Public–Private Partnership Ventures: A Diasporic Initiative in India Through Social Remittances and Philanthropic Work

    Diaspora networks across the globe think of their homeland, which makes them continuously assist various projects that have public–private partnership ventures. Many of the members of the Indian diaspora had difficult times during their childhood in their native country. The conditions were not favorable within India prior to Indian Independence for acquiring desired skills in entrepreneurial activities. However, they managed to sail through the rough sea and reach the western coast in great adversity. The journey itself was a training for the early diaspora that resulted in learning the skills needed for setting up their business in the adopted countries. Indian diaspora from various developed countries have learned a great deal about the local culture, new skills in business partnership, consultancy services, research and innovations in technology that helped them to prosper in the adopted land and implement those ideas in their home country as a part of social remittances and giving back to the society. Developed countries have exhibited the feasibility of sustainable development through social entrepreneurship. Compulsory community service that trains people in new skill development also educates them in preserving the environment in which they reside. The public–private partnership model, which is in practice in developed countries, has become the agent of creation of social entrepreneurship with accountability toward the society. Diaspora communities that send social remittances to their home countries not only in the form of money but also ideas, identities and behaviors help set up public– private models of undertakings that would ensure sustainable growth in the long run. Philanthropic work is reckoned in the Public–Private Partnership (PPP) model that we see in various parts of India, especially in states like Punjab (Sikh diaspora), Kerala (Malayali diaspora) and Gujarat (Gujarati diaspora). In this background, this chapter tries to examine the Indian diaspora’s schemes in India on the model of public–private partnership that they had either set up or observed in their adopted countries. This chapter also looks into how far diaspora remittances in totality help mitigate the existing problems in Indian villages, create new job opportunities for the local population, manage skill development centers and educate the masses in preserving the environment that would help in sustainable development through social entrepreneurship.