QUESTION 2 “Malaysia faces an exodus of talent in which emigration of high skill individuals with the intention of holding permanent employment in foreign countries consequently lead to an issue of brain drain”. Examine the implications it brings and suggest some practical initiatives to overcome the issue of brain drain in Malaysia. ___________________________________________________________________________ Nowadays, our country Malaysia is not exempted from facing the brain drain issues as any other countries. The big problem is in terms of our ability to hold and retain our local talent as well as facing a problem in attracting more expatriate into our country. Malaysia is said to be a developing country however we are lack in human capital
It is very hard to be able to say which factor had a greater impact because to an extent both factors had a huge impact as they coincided with one and other. And basically if you removed one or the other you wouldn’t end up with the same colonies and there is no way of knowing which colonies we would have gotten either. In my opinion I think that the economic factors outweighed the religious factors in colonization. I feel this way because a large number of immigrants migrated to the new colonies in search of a better life as the economy was stronger and possible living standards were better than their previous ones. Let’s not discredit those people who moved to the new colonies to be able to practice their own religion and have their own religious
On the contrary, the United States labels imitators are counterfeits, clones, and copycats. However, imitation can lead to innovation. Sometimes basing something off of someone’s idea might lead to a nouveau idea. Innovation is known as the creative destruction that was caused by imitations which is defined as “diffusing innovations: The reason why all of this is a conflict is because developing countries lack funding. Due to the lack of money they are more likely to do something illegal and follow the path of counterfeiting.
“A mixed economy is always in flux. The regulations never produce positive results because they force people to act against their own interests.” (Landauer, 2004). I am entitled to agree with Jeff Laudauer in the matter of regulations making people act against their own interests (not to suggest that regulations don’t improve efficiency) but the fact that this is a negative thing is not as convincing. I will be covering two main points. This will firstly be explaining what a mixed economy is and why they are prevalent in so many countries.
STATE POWER AND THE STRUCTURE OF INTERNATIONAL TRADE: STEPHEN D KRASNER. Stephen was able to identify that states behaviours are constructed by their interest, this implies that major states should not be praised for the openness of the international trading system they create because it was only a function of their goals and interest (a means to an end), after all they are involved in major productions and these products have to be sold out to the world for economic gains and this is the reason behind the pressure from the individual entrepreneurs in Europe. Looking closely, we will discover that major powers only maintain a structure of free trade only when it works in their favour because they tend to drift towards protectionism when their
Studies showed that when the cultural distance is large, enterprises tend to set up a joint venture, rather than a wholly owned subsidiary (Agarwal, 1994). According to Peinado et al. (2007), cultural distance can be considered as one major source of uncertainty. 188.8.131.52 Geographical distance A larger geographical distance can make transportation of some exported goods very expensive and make it impossible to compete against local goods in the target market (Root, 1994). Thus high transportation costs discourage export as entry
Mike Pana (n.d.) says that colonial mentality is a theory that may somehow be depicted as cultural inferiority. The Filipinos has been constantly colonized by different foreigners that they had no choice but to follow their rules and live under their command. As time went by, the Filipinos have developed into thinking that foreigners are better than they are because they are able to conquer and colonize other countries. It is because of this thinking why the Filipinos are more inclined to buying foreign brands rather than local
In addition, advancement of technology, growth in economy, higher living standards likely widen the gap between the rich and the poor and lose the balance in society. Nevertheless, these disadvantages do not outweigh the achievements human obtain through economic globalization. It is well-demonstrated that any nation which does not follow the nature of this process will confront with a lot of political issues, particularly North Korea and Iraq. Due to resistance to foreign influences, two countries have to unilaterally fight with the inner chaos, and watch carefully outer
People assumes that technologically advanced nations are the evidence of world progress. Netizens from all over the country are oblique to invent different kind of superb technology from time to time.But,without unknowingly this is what caused people’s fanatic dependence on technology.Because of this technology obssesions,nowadays people are belives to become narrow-minded and are more likely to live in their own world,because of their lack sociality among each other.This is what inflict the argue whether people’s dependence on technology has affected creativity and communication or whereas.While many netizens opine that the use of technology is not giving any harm to human,I believe technology is one of the actual reason that can leads towards the perdition of humanity in terms of ways of thinking and sociality. The use of technology seems to be more wide in educational field.The educators are tend to refers to the Internet for a better understanding about the topic that they have to teach their students while their students will also do so when they are going to accomplish their assignments.In a short words internet is one of the good reference that are frequently visit by people.The researchers claimed that among students, 98 percent use the Internet for schoolwork, 79 percent once a week and 35 percent daily. The internet thus plays a large role and this applies especially for adult students.However,there are some educators that will discourage
First of all, the homogeneous perception of ethnocentric attitude about global market draws to its inflexibility. Then at present, when ‘one size no longer fits all’ (Vijay Vishwanath & Darrell K. Rigby 2006), markets are lost to organizations with extensive local researches and appropriate adaptations. Another grave disadvantage of this view lies in its recruitment for important roles of only people from the home country. Moore (2006) sets forth that any nation is too narrow a range for talents and forcing the border restriction on selecting process can discourage potential foreign employees who see nationality is an obstacle in their career path. However, ethnocentric organizations can retain a certain number of