Sunday, December 6, 2009

IT IS H-1B NOT H1N1…

At the beginning of economic growth theory classes, the equation of economic growth is taught at universities. The main factors in production are capital and labor. Also efficiency, technological development and many other factors somehow are in this equation as a reason or result. These factors are interrelated with each other and each factor affects to production level in both ways. Labor force is indispensable factor in economic growth theory and it directly affects to production level of a company or a country.

After World War II, some Western European Countries such as Germany, France, and Belgium needed to more labor force to rebuild their economy. During 1960’s and 1970’s many Turkish people moved to those countries to live in better conditions. They generally were not skilled people and they worked there as a labor. After 1990’s, due to economic crises, those countries changed their immigration policy. Nowadays developed countries are willing to accept only skilled and qualified people as labor force. On the one hand, moving of skilled people from their home country to developed countries is thought as a good example of immigration policy for developed countries, on the other hand the same issue is thought as a brain drain for home countries of those people.

Skilled, qualified, specialized labor force always stimulates the economy and increase the growth rate. President’s and government’s opinions about giving opportunities to foreign students and people help USA to stand as a super power in many fields. There are many foreign origin smart and qualified people working in all sectors in the US. They are in software, chemistry, marketing, defense and many other industries. This is one of the most important advantages of the US because qualified people, scientists, engineers and many others can work here freely and comfortably.

This is the reality of people and countries because qualified and skilled people living in not good conditions always look for the better place to live and to be more productive. Providing better life to them is really important issue for developing countries to catch developed countries in many areas.

Source:

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