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Human Capital Flight
Human capital flight is the emigration or immigration of individuals who have received advanced training at home. 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. But emigration may cause problems for the home country if the 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 impact on the country of origin is less straightforward, with research suggesting the impact can be positive, negative or mixed. Research also suggests that emigrat ...
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Albert Einstein 1921 By F Schmutzer
Albert may refer to: Companies * Albert (supermarket), a supermarket chain in the Czech Republic * Albert Heijn, a supermarket chain in the Netherlands * Albert Market, a street market in The Gambia * Albert Productions, a record label * Albert Computers, Inc., a computer manufacturer in the 1980s Entertainment * Albert (1985 film), ''Albert'' (1985 film), a Czechoslovak film directed by František Vláčil * ''Albert'' (2015 film), a film by Karsten Kiilerich * Albert (2016 film), ''Albert'' (2016 film), an American TV movie * Albert (album), ''Albert'' (Ed Hall album), 1988 * Albert (short story), "Albert" (short story), by Leo Tolstoy * Albert (comics), a character in Marvel Comics * Albert (Discworld), Albert (''Discworld''), a character in Terry Pratchett's ''Discworld'' series * Albert (suspiria), Albert, a character in Dario Argento's 1977 film ''Suspiria'' Military * Battle of Albert (1914), a WWI battle at Albert, Somme, France * Battle of Albert (1916), a WWI battle at ...
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In Situ
''In situ'' (; often not italicized in English) is a Latin phrase that translates literally to "on site" or "in position." It can mean "locally", "on site", "on the premises", or "in place" to describe where an event takes place and is used in many different contexts. For example, in fields such as physics, geology, chemistry, or biology, ''in situ'' may describe the way a measurement is taken, that is, in the same place the phenomenon is occurring without isolating it from other systems or altering the original conditions of the test. The opposite of ''in situ'' is ''ex situ''. Aerospace In the aerospace industry, equipment on-board aircraft must be tested ''in situ'', or in place, to confirm everything functions properly as a system. Individually, each piece may work but interference from nearby equipment may create unanticipated problems. Special test equipment is available for this ''in situ'' testing. It can also refer to repairs made to the aircraft structure or flight con ...
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Justinian
Justinian I (; la, Iustinianus, ; grc-gre, Ἰουστινιανός ; 48214 November 565), also known as Justinian the Great, was the Byzantine emperor from 527 to 565. His reign is 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 conquered the Ostrogothic kingdom, restoring Dalmatia, Sicily, Italy, and Rome to the empire after more than half a century of rule by the Ostrogoths. The 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 the ''Tz ...
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Son Preference
Sex selection is the attempt to control the sex of the offspring to achieve a desired sex. It can be accomplished in several ways, both pre- and post-implantation of an embryo, as well as at childbirth. It has been marketed under the title family balancing. According to the United Nations Population Fund, the reasons behind sex selection are due to three factors and provide an understanding for sex ratio imbalances as well as to project future trends. These factors are: # A preference for sons which stems from household structures "in which girls and women have a marginal social, economic and symbolic position, and consequently enjoy fewer rights." These household structures also focus on security in which sons are expected to provide support to their parents throughout their life; # Technological growth of prenatal diagnosis which allows parents to know the sex of their unborn child; and # Low fertility which increases the need for sex selection by reducing the probability of ha ...
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Indian IT Industry
The information technology industry in India comprises information technology services, consulting, and outsourcing. The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. The IT and BPM industries' revenue is estimated at $227 billion in FY 2022. The domestic revenue of the IT industry is estimated at $49 billion, and export revenue is estimated at $178 billion in FY 2022. The IT–BPM sector overall employs 5 million people as of March 2022. The Indian IT–BPM industry has the highest employee attrition rate. In recent years the industry has been witnessing skyrocketing resignations cutting across hierarchy. As a global outsourcing hub, the Indian IT industry benefits from lower cost of living and the consequent cheaper labour. As IT–BPM sector evolves, many are concerned that artificial intelligence (AI) will drive significant automation and destroy jobs in the coming years. The United States accounts for two-thirds of India's IT services exports. The ...
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Externality
In economics, an externality or external cost is an indirect cost or benefit to an uninvolved third party that arises as an effect of another party's (or parties') activity. Externalities can be considered as unpriced goods involved in either consumer or producer market transactions. Air pollution from motor vehicles is one example. The cost of air pollution to society is not paid by either the producers or users of motorized transport to the rest of society. Water pollution from mills and factories is another example. All consumers are all made worse off by pollution but are not compensated by the market for this damage. A positive externality is when an individual's consumption in a market increases the well-being of others, but the individual does not charge the third party for the benefit. The third party is essentially getting a free product. An example of this might be the apartment above a bakery receiving the benefit of enjoyment from smelling fresh pastries every mornin ...
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2004 Enlargement Of The European Union
The largest expansion of the European Union (EU), in terms of territory, 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 members of the Central European alliance Visegrád Group). Slovenia was a non-aligned country prior to the 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 islands and two Members of Commonwealth of Nations. Part of the same wave of enlargement was the accession of Bulgaria and Romania in 2007, who were unable to join in 2004, but, according to the Commission, constitute part of the fifth enlargem ...
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Economic Growth
Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. Statisticians conventionally measure such growth as the percent rate of increase in the real gross domestic product, or real GDP. Growth is usually calculated in real terms – i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the prices of goods produced. Measurement of economic growth uses national income accounting. Since economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantages and drawbacks of that measure. The economic growth-rates of countries are commonly compared using the ratio of the GDP to population (per-capita income). The "rate of economic growth" refers to the geometric annual rate of growth in GDP between the first and the last year over a period of time. This growth rate represents the trend in ...
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Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that 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 ...
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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 ( Croatian: ''Daytonski sporazum'', Serbian and Bosnian: ''Dejtonski mirovni sporazum'' / Дејтонски мировни споразум), is the peace agreement reached at Wright-Patterson Air Force Base near Dayton, Ohio, United States, on 21 November 1995, and formally signed 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 the previous war. Negotiation and signature Tho ...
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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 in the Socialist Federal Republic of Yugoslavia, SFR Yugoslavia from 1991 to 2001. 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 entities known as republics which previously composed Yugoslavia: Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Serbia, and North Macedonia (previously named ''Macedonia''). Yugoslavia's constituent republics declared independence due to unresolved tensions between ethnic minorities in the new countries, which fuelled 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 deaths as well as severe economic damage to the region. During the initial stages of the breaku ...
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Voluntary Return
Voluntary return or voluntary repatriation is usually the return of an illegal immigrant or over-stayer, a rejected asylum seeker, a refugee or displaced person, or an unaccompanied minor; sometimes it is the emigration of a second-generation immigrant who makes an autonomous decision to return to their ethnic homeland when they are unable or unwilling to remain in the host country. Overview The terms are used in slightly different contexts and can refer to: * The voluntary return of asylum seekers who no longer want to wait for a decision on their asylum application or who have changed their mind about the application and rather want to go back to their country of origin. * Destitute migrants, such as homeless people, 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. Leaving voluntarily in this context can be somewhat ...
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