온라인카지노 불법 유니벳‘S REVERSE DIASPORA
By STEVEN L. RAYMER
Reprinted with permission 온라인카지노 불법 유니벳 YaleGlobal Online(www.yaleglobal.yale.edu)
Residents of the South 온라인카지노 불법 유니벳n city of Bangalore, once an orderly enclave of colonial-era buildings and well tended gardens, have started wearing earplugs to dampen noise from the maelstrom on their chaotic streets. It is the noise of growth boosted in part by the return of many of 온라인카지노 불법 유니벳's technologists whose departure to the west was once bemoaned as brain drain. Call centers, software and engineering companies and some of the world's most advanced research centers prosper on the capital -- both human and monetary -- of 온라인카지노 불법 유니벳n emigres recently returned from abroad with foreign passports, foreign bank accounts and families sometimes more Western than 온라인카지노 불법 유니벳n.
온라인카지노 불법 유니벳's frenzy is emblematic of the reverse brain drain -- or reverse diaspora -- that helped propel 온라인카지노 불법 유니벳 onto the world stage in ways that were unimaginable just a few decades ago. While 온라인카지노 불법 유니벳ns still go abroad to work and study -- there are a record 80,000 Asian 온라인카지노 불법 유니벳n students now enrolled in U.S. universities -- a new class of 온라인카지노 불법 유니벳n expatriates, fluent in the ways of the West, energizes 온라인카지노 불법 유니벳. By several estimates, between 50,000 and 60,000 information-technology professionals alone have returned to 온라인카지노 불법 유니벳 from overseas since 2003, most to the suburbs of New Delhi, Hyderabad and especially Bangalore, the nexus of what 온라인카지노 불법 유니벳ns call their "brain gain."
At Bangalore's new international airport, packed airliners arrive from London, Paris, Frankfurt and Singapore bearing 온라인카지노 불법 유니벳ns with degrees from the world's top universities and plans to reconnect to Mother 온라인카지노 불법 유니벳, whose economy has been growing at nearly 9 percent annually until the recent worldwide financial meltdown. Some were recruited at job fairs in cities across the U.S., home to 2.32 million people of 온라인카지노 불법 유니벳n origin. And most say they return to 온라인카지노 불법 유니벳 for attractive pay packages that offer a comfortable standard of living comparable with life in the US along and greater opportunities of advancement. Others want to be closer to aging parents.
But Bangalore, home to more than 1,000 information technology firms and 10,000 U.S. dollar-millionaires, may price itself out of the market. While 온라인카지노 불법 유니벳's technology and outsourced-services industries continue to boom, earning an expected billion in the 2007-2008 fiscal year, wage inflation in Bangalore runs at up to 50 percent a year, making it only marginally less expensive for sophisticated tech work than doing business in California.
As a result, some global brand names shifted operations to cheaper 온라인카지노 불법 유니벳n cities like Chennai, Kolkata and Hyderabad, where the costs of doing business are as much as 30 percent less. A few companies are looking beyond 온라인카지노 불법 유니벳 altogether, betting on lower-wage countries like Vietnam and the Philippines.
If Bangalore is losing some of its luster, it remains the world's fourth largest technology hub and claims to have the fastest-growing wealth base in the Asia-Pacific basin. And for many Americans, this means Bangalore is both a threat and opportunity: a threat because it now boasts at least 160,000 technology workers compared with about 175,000 in Silicon Valley. Moreover, much of this talent, especially at the middle and top levels, has been transplanted from the San Francisco Bay area to 온라인카지노 불법 유니벳. Bangalore also represents an opportunity for U.S. companies to tap into 온라인카지노 불법 유니벳's prodigious brainpower and entrepreneurial spirit. From Bangalore, Americans and citizens of other developed countries are having their tax returns prepared, CAT scans and MRIs read, mortgages analyzed, lawsuits researched, airline reservations confirmed and computer glitches unsnarled -- all at the speed of light, thanks to broadband internet connections that make the city as close as the shop or hospital next door.
As Bangalore moves further up the technology ladder, it has ambitions to challenge places like Silicon Valley and the Research Triangle at Raleigh-Durham, North Carolina, as a world center for innovation. Microsoft plans to spend .7 million in 온라인카지노 불법 유니벳 over the next several years and has opened a research center there. IBM, Oracle, Cisco Systems, Intel and Hewlett-Packard also have campuses and research centers in Bangalore staffed, in part, by returnees from abroad.
The corporate headquarters of Infosys Technologies Ltd., 온라인카지노 불법 유니벳's second-largest outsourcing firm, are tucked away in a section of Bangalore called Electronics City. The view inside the Infosys campus is buoyant with double-digit profit margins, revenues in the low billions of dollars, and plans to hire thousands of new employees worldwide over the next several years, with food courts, gyms and a putting green for employees, including returnees from abroad attracted by the Western-style work environment and generous paychecks.
Typical of those young 온라인카지노 불법 유니벳ns moving Infosys into the top ranks of global companies is Smita Agrawal, a savvy marketing manager who has worked in Tokyo, Minneapolis, Los Angeles and Little Rock, Arkansas. Preferring Western business attire to saris, she nevertheless finds 온라인카지노 불법 유니벳 to her liking. "After-office hours is where you lose out in the USA," she says. "There's a cultural gap in America and you just don't have the face-to-face interaction with Americans that we have here in 온라인카지노 불법 유니벳." Confessing that, "Bangalore and its messiness take some getting use to," Agrawal nevertheless sees 온라인카지노 불법 유니벳 as a place to enhance her career.
Peers at companies from Yahoo! to start-ups that only the digital cognoscenti would recognize agree that being part of the reverse diaspora has its satisfactions, both professional and cultural. In Bangalore and other major 온라인카지노 불법 유니벳n cities, there's no shortage of luxury shopping malls and housing developments to lure home expatriates who already are the highest-paid ethnic group in the U.S. At Palm Meadows, one of several gated communities in Bangalore where the computer-savvy elite live, it would be hard to find an 온라인카지노 불법 유니벳n passport holder, aside from the maids and gardeners because most residents are citizens of U.S. and U.K., or dual nationals. Ajay Kela, chief operating officer of the software development company Symphony Services, looks around his neighborhood of four-bedroom Spanish-style villas and says he made his decision in a day to pull up roots in Foster City, California and return to 온라인카지노 불법 유니벳. "온라인카지노 불법 유니벳 is an efficient location for software design and besides, the middle class is exploding here," Kela says.
But the move back to 온라인카지노 불법 유니벳 hasn't been problem-free, with grinding commutes over potholed roads, a yawning gap between educated and poor, and a mind-numbing conformity that inhibits the creative "outside of the box" thinking associated with Palo Alto or Raleigh-Durham. "There is raw talent in 온라인카지노 불법 유니벳," says Sridhar Ranganathan, a former Yahoo! executive and managing director of Blue Vector 온라인카지노 불법 유니벳 in Bangalore. "But how to polish that talent is 온라인카지노 불법 유니벳's dilemma and my challenge."
Steve Raymer, a National Geographic Magazine staff photographer for more than two decades, teaches photojournalism, media ethics and international newsgathering at 온라인카지노 불법 유니벳na University. He is the author and photographer for "Images of a Journey: 온라인카지노 불법 유니벳 in Diaspora."
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