International dilemma!!
To globalize or to be more protective is the dilemma that most Governments have in today's world. It surely is visible by the latest immigration rules laid out by Donald Trump, the US president. The latest to follow the trend has been Australian PM Malcolm Turnbull. In the recent past, Brexit is another example for this. Certainly this is not leading to the one globalised world that economists fancy.
That leaves me with the question - why are these governments from developed nations showing protectionism over globalisation? In my view two things matter for these Governments - their culture and future growth, apart from the short term goal of showcasing good job growth internally. Obvious reason is they respect their nation and want to maintain certain quality in their standard of living and perceive that immigrants can cause real threat to their culture. The other possible reason is to attract the best of the brains (read talents) from across the world and not dilute their country growth through less talented immigrants.
Isn't it obvious every nation wants the best talent to be retained or attracted to their country? On the path of globalized economy, these steps taken seems to be a true threat and is not leading to progress.
Now we all know how good we as humans are at adapting to the situations. With the rising competition and increased pressure, am sure many potential Indian immigrants or migrated Indians will rise to the occasion. We strive to achieve more when the bar is raised. No doubt about that. But the minor hiccups are bound to cause the confusion at least temporarily for sure.
Yes the true potential of the globalised world is yet to be realized and such minor barriers are to be crossed to achieve it. Political intentions behind any such change in policies should be for a greater good in mind.
Globalisation is the future...you can only hold off for so long as you can!!!
That leaves me with the question - why are these governments from developed nations showing protectionism over globalisation? In my view two things matter for these Governments - their culture and future growth, apart from the short term goal of showcasing good job growth internally. Obvious reason is they respect their nation and want to maintain certain quality in their standard of living and perceive that immigrants can cause real threat to their culture. The other possible reason is to attract the best of the brains (read talents) from across the world and not dilute their country growth through less talented immigrants.
Isn't it obvious every nation wants the best talent to be retained or attracted to their country? On the path of globalized economy, these steps taken seems to be a true threat and is not leading to progress.
Now we all know how good we as humans are at adapting to the situations. With the rising competition and increased pressure, am sure many potential Indian immigrants or migrated Indians will rise to the occasion. We strive to achieve more when the bar is raised. No doubt about that. But the minor hiccups are bound to cause the confusion at least temporarily for sure.
Yes the true potential of the globalised world is yet to be realized and such minor barriers are to be crossed to achieve it. Political intentions behind any such change in policies should be for a greater good in mind.
Globalisation is the future...you can only hold off for so long as you can!!!
Just when I was posting this blog....here is the updated news - New Zealand too toughens its immigration rules.
ReplyDeletehttps://www.newsbytesapp.com/timeline/World/6283/38015/new-zealand-introduces-tougher-skilled-visa-norms
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