Chapter

High Skilled Migration and Remittances

Sunil Mani

in Growth, Development, and Diversity

Published in print June 2012 | ISBN: 9780198077992
Published online September 2012 | e-ISBN: 9780199081608 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780198077992.003.0008
High Skilled Migration and Remittances

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There is substantial evidence to show that high-skilled migration from India has increased during the post-liberalization period—a phase when market opportunities increased. This chapter measures the extent of high skilled-migration from India since 1991. Further it discusses two economic implications of this phenomenon: first, in terms of its potential and actual effects on the supply of science and engineering workforce and, second, in terms of transfers from these high-skilled migrants to the country. It argues that remittances by high-skilled migrants have formed an important component of India’s private transfers and have played a very important role in containing India’s current account deficits.

Keywords: migration; science; engineering; workforce; brain drain; remittances; balance of payments; diaspora; liberalization

Chapter.  8936 words.  Illustrated.

Subjects: Economic Development and Growth

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