Wednesday, November 20, 2019

Economics developments in Developing country Essay

Economics developments in Developing country - Essay Example The question that whether the students from developing countries should be sent back to their countries after they graduate need to be analyzed from different perspectives. It is often believed that those students, who have graduated from the universities of the developed world, when return to their countries, often find themselves at odds with the society at large. Since these countries are still on the path to economic development, the environment often fails to support the technological skills acquired by these students. Their potential can be hardly realized and the result is frustration both on the part of the employer and the employed. This is the main cause of the ensuing brain drain that will also damage the economic progress of the country whose students had gone abroad in quest of knowledge. There is another concern that needs addressing and that is the payback of the investment made by the country that has educated the students and raised their educational and vocational level. Philanthropy apart, some benefit should accrue to them as well. There are two sides to knowledge acquisition. One is to raise the level of understanding by giving an impetus to intelligence through knowledge. The other is using the product of this effort in building careers as well as contributing to economic progress and prosperity. The obvious answer is that these students ought to be retained by the developed nation and absorbed in its workforce as contributors to its economy. This serves both purposes of offering better career options to those who were educated and payback to the country which had been gracious to offer them this opportunity. No doubt that these students can become the pillars of the economic future of the host country. However one reality that must be stated here is that the global economy depends equally on both the developed and the developing countries. They cannot survive

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