India gets a metric fuckload of money back in remittances every year. Debatable if that's actually worth the brain drain, but then there's also the angle of having your young people learn from the rest of the world and return with new skills. I lean more towards the remittances though.
Particularly with India, that's normally one of their top requests.
Why is it a top request from India? What does the Indian government get out of letting their kids overpay for education abroad?
1. ~4% of their GDP is from remittances, compared to <1% a few decades ago[0]
2. India has a massive male surplus[1] and they actively look to send them abroad to prevent domestic unrest
[0] https://data.worldbank.org/indicator/BX.TRF.PWKR.DT.GD.ZS?lo...
[1] https://en.wikipedia.org/wiki/Demographics_of_India
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India gets a metric fuckload of money back in remittances every year. Debatable if that's actually worth the brain drain, but then there's also the angle of having your young people learn from the rest of the world and return with new skills. I lean more towards the remittances though.
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They can then reserve even more seats in education for the "oppressed."
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Mark Carney should know that it would be an _extremely_ unpopular move right now to allow India more access to immigrate here.
"Should know" and expecting a logical outcome is wishful.