WE've always had an imports dependent economy when it came to goods. Our best export always has been skills and people. In the global scale of things, we've been a trend setter, a nation of global nomads and a skills based economy.
How sustainable would this be? What are the personal implications for those who seek wealth and prosperity abroad and yet crave to return home someday? These are largely unexamined, unanswered and known only to those who have lived through the experience.
At a larger level, the sustainability of the trade deficit (the deficit caused by higher import cost versus lower export income) has drawn scholarly interest. Here is an article worth reading;
No comments:
Post a Comment