Globalization: Economic Growth, Sustainable Development And Migration

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Central to the entire topic of Globalization is Economic Growth, Sustainable Development and Migration. We will start by defining each category Economic Growth is defined as a country’s positive increase in output and it is measured by the Gross Domestic Production GDP (Beardshaw et al., 1995: 169,170). Sustainable Development according to Barnes & Hoerber, (2013) is “development which meets the needs of the present generation without compromising the ability of future generations to meet their own needs”. Migration which is the moving from one territory to another by people in search of better work and better living conditions (Oxford Dictionaries, 2015). The purpose of this essay is to critically discuss how these elements co-exist or function …show more content…
Some of the negative effects of brain drain are it effects the human capital as skilled workers especially teachers, nurses and doctors leave their home country in search of better opportunities in order to take care of themselves and their families. This is particularly worrying as this type of migration hinders the development of the country. . In addition to the flight of human capital of highly skilled workers, the record low levels of unemployment have resulted in the inability to meet labour demands in the services and manufacturing sector, construction, energy sector, medical profession and teaching service. What makes it worse the brain drain is taking place in the most popular age group 20-45 years (Reis, 2007).
This leads to skills deficits in the home country. There is also a loss to state given government expenditures on educating those who emigrated. The government subsidised GATE program is a major example as locals and even foreigners through marriages benefit from the free education provided by the country but opt to use the education and skills obtained in their home country abroad. There also the fact that emigration leads to a breakdown of families as parents tend to leave children behind in search of better job opportunities and in many cases (ACP OBSERVATORY ON MIGRATION,
…show more content…
Locals who migrate to developed countries often send remittances to their local country weather monthly or every couple of months in order to cover local household expenditures those remittances can be seen as household income of these families. This helps boost to the economy of Trinidad and Tobago. Although the impact of remittances on developing countries is difficult to measure, one World Bank study has concluded that a one per cent increase in the share of remittances in a country’s GDP leads to a 0.4 per cent decline in poverty (UNFPA State of the World,

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