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Globalization, new labour migration and development in Fiji Islands

Mohanty, Manoranjan (2008) Globalization, new labour migration and development in Fiji Islands. In: Globalization, Economic Development and Brain Drain. ICFAI University Press, Hyderabad, India, pp. 206-222. ISBN 813141647X, 9788131416471

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Item Type: Book Chapter
Additional Information: Book Description Brain Drain' or drain of social capital is not a recent phenomenon. It refers to the outflow of professionals such as doctors, engineers, nurses and technical talents from poor and developing nations to affluent countries. However, integration of national economies with the world economy as well as increasing interdependence among nations has further accelerated the process of international labour migration. The long - run socio-economic consequence for both developing and developed nations resulting from international labour migration is still debatable. Developed nations, being capital abundant and labour scarce, benefit substantially from the immigrant population as it supplements their supply shortages. To sustain business, economic and social activities, there is a potential demand for migrant workforce in rich economies. Apart from it, for a given level of skill, migrant workforce would be willing to serve at a relatively low salary, perks and work conditions as compared to their counterparts in developed countries. Similarly, the poor and developing countries receive remittance income which makes significant contribution to their national economies. It adds to their foreign exchange reserves and at the household level it helps in achieving a higher standard of living. In several small countries remittances constitute a much bigger share of the national economy. With this backdrop, the book addresses various issues related to international labour migration such as the basic migration mechanism, country specific evidences, migration statistics, remittance and economic development and many other intertwined issues.
Subjects: H Social Sciences > HD Industries. Land use. Labor
J Political Science > JV Colonies and colonization. Emigration and immigration. International migration
Divisions: Faculty of Business and Economics (FBE) > School of Government, Development and International Affairs
Depositing User: Ms Shalni Sanjana
Date Deposited: 11 Feb 2013 03:24
Last Modified: 11 Feb 2013 03:24

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