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Brain-drain
Human capital flight is the emigration or immigration of individuals who have received advanced training in their home country. The net benefits of human capital flight for the receiving country are sometimes referred to as a "brain gain" whereas the net costs for the sending country are sometimes referred to as a "brain drain". In occupations with a surplus of graduates, immigration of foreign-trained professionals can aggravate the underemployment of domestic graduates, whereas emigration from an area with a surplus of trained people leads to better opportunities for those remaining. However, emigration may cause problems for the home country if trained people are in short supply there. Research shows that there are significant economic benefits of human capital flight for the migrants themselves and for the receiving country. The consequences for the country of origin are less straightforward, with research suggesting they can be positive, negative or mixed. Research also sugge ...
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Albert Einstein 1921 By F Schmutzer
Albert may refer to: Companies * Albert Computers, Inc., a computer manufacturer in the 1980s * Albert Czech Republic, a supermarket chain in the Czech Republic * Albert Heijn, a supermarket chain in the Netherlands * Albert Market, a street market in The Gambia * Albert Music, an Australian music company now known as Alberts ** Albert Productions, a record label * Albert (organisation), an environmental organisation concerning film and television productions Entertainment * ''Albert'' (1985 film), a Czechoslovak film directed by František Vláčil * ''Albert'' (2015 film), a film by Karsten Kiilerich * ''Albert'' (2016 film), an American TV movie * ''Albert'' (album), by Ed Hall, 1988 * "Albert" (short story), by Leo Tolstoy * Albert (comics), a character in Marvel Comics * Albert (''Discworld''), a character in Terry Pratchett's ''Discworld'' series * Albert, a character in Dario Argento's 1977 film ''Suspiria'' People * Albert (given name) * Albert (surname) * Princ ...
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In Situ
is a Latin phrase meaning 'in place' or 'on site', derived from ' ('in') and ' ( ablative of ''situs'', ). The term typically refers to the examination or occurrence of a process within its original context, without relocation. The term is used across many disciplines to denote methods, observations, or interventions carried out in their natural or intended environment. By contrast, ' methods involve the removal or displacement of materials, specimens, or processes for study, preservation, or modification in a controlled setting, often at the cost of contextual integrity. The earliest known use of ''in situ'' in the English language dates back to the mid-17th century. In scientific literature, its usage increased from the late 19th century onward, initially in medicine and engineering. The natural sciences typically use methods to study phenomena in their original context. In geology, field analysis of soil composition and rock formations provides direct insights into Earth' ...
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Justinian
Justinian I (, ; 48214 November 565), also known as Justinian the Great, was Roman emperor from 527 to 565. His reign was marked by the ambitious but only partly realized ''renovatio imperii'', or "restoration of the Empire". This ambition was expressed by the partial recovery of the territories of the defunct Western Roman Empire. His general, Belisarius, swiftly conquered the Vandal Kingdom in North Africa. Subsequently, Belisarius, Narses, and other generals Gothic War (535–554), conquered the Ostrogothic Kingdom, restoring Dalmatia, Sicily, Italian peninsula, Italy, and Rome to the empire after more than half a century of rule by the Ostrogoths. The Liberius (praetorian prefect), praetorian prefect Liberius reclaimed the south of the Iberian Peninsula, establishing the province of Spania. These campaigns re-established Roman control over the western Mediterranean, increasing the Empire's annual revenue by over a million ''solidi''. During his reign, Justinian also subdued ...
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Son Preference
Son preference is the ancient and cross-cultural human preference for male (rather than female) offspring. Son preference has been demonstrated across all social classes, from "succession laws in royal families to land inheritance in peasant families." Sons are considered both a status symbol and a genetic and economic competitive advantage. Son preference can influence birth rates and thus population growth. Parents will continue having children until they have produced the desired number of sons; there is no equivalent behavior in respect to daughters. Families with sons have been shown to have increased levels of "marital stability and marital satisfaction," and the presence of sons may increase paternal involvement in child-rearing. In the 21st century, son preference has been broadly documented in South and East Asia, but is also observable in Western countries. An example of son preference is demonstrated by the traditions of the Igbo people of Nigeria: "The status of a man ...
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Indian IT Industry
The information technology (I.T.) industry in India comprises information technology services and business process outsourcing. The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. In FY24, India's IT-BPM industry is estimated to have generated $253.9 billion in revenue The domestic revenue of the IT industry is estimated at $51 billion, and export revenue is estimated at $194 billion in FY 2023. The IT–BPM sector overall employs 5.4 million people as of March 2023. In December 2022, Union Minister of State for Electronics and IT Rajeev Chandrasekhar, in a written reply to a question in Rajya Sabha informed that IT units registered with state-run Software Technology Parks of India (STPI) and Special Economic Zones have exported software worth Rs 11.59 lakh crore in 2021–22. History The Electronics Committee also known as the "Bhabha Committee" created a 10-year (1966–1975) plan laying the foundation for India's IT Service Industries. The industry was ...
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Externality
In economics, an externality is an Indirect costs, indirect cost (external cost) or indirect benefit (external benefit) to an uninvolved third party that arises as an effect of another party's (or parties') activity. Externalities can be considered as unpriced components that are involved in either consumer or producer consumption. Air pollution from motor vehicles is one example. The Air pollution#Health effects, cost of air pollution to society is not paid by either the producers or users of motorized transport. Water pollution from mills and factories are another example. All (water) consumers are made worse off by pollution but are not compensated by the market for this damage. The concept of externality was first developed by Alfred Marshall in the 1890s and achieved broader attention in the works of economist Arthur Cecil Pigou, Arthur Pigou in the 1920s. The prototypical example of a negative externality is environmental pollution. Pigou argued that a tax, equal to the m ...
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2004 Enlargement Of The European Union
The largest enlargement of the European Union (EU), in terms of number of states and population, took place on 1 May 2004. The simultaneous accessions concerned the following countries (sometimes referred to as the "A10" countries): Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, and Slovenia. Seven of these were part of the former Eastern Bloc (of which three were from the former Soviet Union and four were and still are member states of the Central European alliance Visegrád Group). Slovenia was a non-aligned country prior to independence, and it was one of the former republics of Yugoslavia (together sometimes referred to as the "A8" countries), and the remaining two were Mediterranean island countries, both member states of the Commonwealth of Nations. Part of the same wave of enlargement was the 2007 enlargement of the European Union, accession of Bulgaria and Romania in 2007, who were unable to join in 2004, but, according to t ...
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Economic Growth
In economics, economic growth is an increase in the quantity and quality of the economic goods and Service (economics), services that a society Production (economics), produces. It can be measured as the increase in the inflation-adjusted Output (economics), output of an economy in a given year or over a period of time. The rate of growth is typically calculated as List of countries by real GDP growth rate, real gross domestic product (GDP) growth rate, List of countries by real GDP per capita growth, real GDP per capita growth rate or List of countries by GNI per capita growth, GNI per capita growth. The "rate" of economic growth refers to the Exponential growth, geometric annual rate of growth in GDP or GDP per capita between the first and the last year over a period of time. This growth rate represents the trend in the average level of GDP over the period, and ignores any fluctuations in the GDP around this trend. Growth is usually calculated in "real" value, which is real v ...
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Foreign Direct Investment
A foreign direct investment (FDI) is an ownership stake in a company, made by a foreign investor, company, or government from another country. More specifically, it describes a controlling ownership an asset in one country by an entity based in another country. The magnitude and extent of control, therefore, distinguishes it from a foreign portfolio investment or foreign indirect investment. Foreign direct investment includes expanding operations or purchasing a company in the target country. Definitions Broadly, foreign direct investment includes mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans. In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital as ...
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Dayton Agreement
The General Framework Agreement for Peace in Bosnia and Herzegovina, also known as the Dayton Agreement or the Dayton Accords ( sh-Latn-Cyrl, Dejtonski mirovni sporazum, Дејтонски мировни споразум), and colloquially known as the Dayton (, , ) in ex-Yugoslav parlance, is the peace agreement reached at Wright-Patterson Air Force Base near Dayton, Ohio, United States, initialed (signed legally) on 21 November 1995, and signed ceremonially in Paris, on 14 December 1995. These accords put an end to the three-and-a-half-year-long Bosnian War, which was part of the much larger Yugoslav Wars. The warring parties agreed to peace and to a single sovereign state known as Bosnia and Herzegovina composed of two parts, the largely Serb-populated Republika Srpska and mainly Croat-Bosniak-populated Federation of Bosnia and Herzegovina. The agreement has been criticized for creating ineffective and unwieldy political structures and entrenching the ethnic cleansing of ...
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Yugoslav Wars
The Yugoslav Wars were a series of separate but related#Naimark, Naimark (2003), p. xvii. ethnic conflicts, wars of independence, and Insurgency, insurgencies that took place from 1991 to 2001 in what had been the Socialist Federal Republic of Yugoslavia (SFR Yugoslavia). The conflicts both led up to and resulted from the breakup of Yugoslavia, which began in mid-1991, into six independent countries matching the six Republics of Yugoslavia, entities known as republics that had previously constituted Yugoslavia: Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Serbia, and North Macedonia, Macedonia (now Macedonia naming dispute, called North Macedonia). SFR Yugoslavia's constituent republics declared independence due to rising nationalism. Unresolved tensions between ethnic minorities in the new countries led to the wars. While most of the conflicts ended through peace accords that involved full international recognition of new states, they resulted in a massive number of d ...
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Voluntary Return
Voluntary return or voluntary repatriation is the return of an migrant such as undocumented immigrants, rejected asylum seekers, refugees, unaccompanied minors, as well as second-generation immigrants who, of their own free-will, make the decision to return to their country of origin or homeland when they are unable or unwilling to remain in their host country, for a variety of possible reasons, from conflicting cultural values to deteriorating conditions. Overview The terms are used in slightly different contexts and can refer to: * The voluntary return of asylum seekers who no longer wish to wait for a decision on their asylum application or otherwise changed their mind and want to go back to their country of origin. * Destitute migrants, such as the homeless, who cannot afford the journey back home. Some homelessness charities provide funding for these journeys. * The "voluntary" return of rejected asylum seekers or irregular migrants to their countries of origin. ...
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