Physicians and Emergency care nurses who work for the Air Ambulance companies in India fly to various destinations in the world.
As the experience grows, they find greener pastures abroad and they tend to leave the present location to find newer jobs in foreign countries.
We had one of our doctors writing an insightful article on Brain drain and the understanding the problem faced by many International Air Ambulance companies.
The article is based on a similar problem faced in Taiwan -
There are various literatures highlighting the brain drain phenomenon which implies that the developing countries are fearful and concerned about the negative impacts of skilled migration on their weak economies. It has been seen that migration of the people enriched with human capital is damaging for the emigration nation and creates a negative impact on an economy endangering its development programs (Chang, 1992). Thus, the brain drain phenomenon is considered as a zero-sum game in which the gain of one party is the obvious loss of another party. As a result of this, the negative and positive impact of skilled migration on both the receiving and sending nations has highlighted various political and social policy agendas. Also, numerous debates have been carried out in academic discussions to identify the losing and winning entities (Daugeliene and Marcinkevičienė, 2009).
Immigration has become a popular trend in the last few years which large number of skilled individuals moving from developing nations to developed nations. The phenomenon of brain rain has turned out to be a danger for the economic development of the low-income nations. The brain drain phenomenon is applicable to studying abroad and immigration students moving to foreign countries after their graduation direct the skilled migrants (Daugeliene and Marcinkevičienė, 2009). Studying abroad is believed in general to be the chief element of brain drain. International migration as a part of labor mobility enhances the resources. Nevertheless, it is difficult to determine if the impact created by the structure of economic growth, income distribution and labor market is harmful or beneficial for the receiving and sending nations.
Nevertheless, most of the enterprises would be debating about the talents having high management experience who grasp technical or market resources because of its limited availability in the labor market. Thus, unequal demand and supply and market competition has resulted in dynamic changes in relative forces in every company making skilled people flow constantly to popular firms (Fan and Yakita, 2011).
Also, migration of individuals from developing nations to developed nations is based on the hunt for better standard of living, higher salary and developing personal career. These are the reasons that motivate individuals to move to developed nations for seeking better environments like the UK and the U.S. The brain drain phenomenon is associated with the provision of education. It has been seen that developed nations offer better education compared with the developing nations. This is the reason why individuals are attracted to study abroad. Nevertheless, students following graduation either want to return to their homeland or stay back in the host country (Kalipen et.al, 2012).
They have the chance to find good job opportunities, work positions and wages in the host nation. Thus, majority of the students decide to stay back and make it their permanent residence which is a big loss in the eyes of the sending country. It is believed that overseas students express lower productivity in their home country which results in lower returns because if mobility of human capital and price in international countries (Kalipen et.al, 2012). Developing nations are also known to pay much less to the overseas students compared with the developed nations which make them move back to the developed nation. In developing nations, remuneration is measured by average productivity resulting in higher productivity of the students that have been stranded overseas and the ones facing less productivity would come back. Thus, capital accumulation and economic development attracts overseas returns (Gibson and McKenzie, 2011).
With above data in focus, this research study focuses on the growing concern of brain drain and ways to suppress this phenomenon in Taiwan.