Will talent crunch create reverse immigration?

With all the problems with the global economy and the soaring prices of commodities, I haven’t seen so much demand for talent as I see it now. Even countries like India, which is historically an exporter of talents, it facing its own problems with shortage of skilled workers.

I have seen this on my visit to India, I have seen it in the Arab world, in Saudi Arabia and In Dubai, and I have seen it in the United States.

Why there is so much demand for skilled labor and why supply is short. Globalization brought many services and products to the masses that once were only available to certain segments of the society, this in return created the need for skilled labor to serve the growing needs for all type of services. When I was in India, I used airlines extensively for my local travel, many new airlines sprung up in India in a quite short time, this created a huge demand for labor in the airlines industry. You can use the airlines industry example and apply it to many other industries that require constant supplies of labor, and the trend is not only in India, but also in many developing countries around the world.

I think this demand for labor and skills will create a reverse immigration in few countries, companies started to have global pay-scale, the pay is the same, doesn’t matter where you work, so now many employees are choosing to work in their home countries or going back to their home countries where they almost get the same pay as working abroad.