From Globalization to Glocalization: Reaping the Positive Sides of Human Resource Flight for Economic Development in Nigeria
- August 13, 2019
- Posted by: RSIS
- Category: Political Science
International Journal of Research and Innovation in Social Science (IJRISS) | Volume III, Issue VIII, August 2019 | ISSN 2454–6186
Onwunyi, Ugochukwu Mmaduabuchi1, Ezeabasili, Ifeoma Ethel2, Ostar, Christopher3
1,2,3Department of Political Science, Chukwuemeka Odumegwu Ojukwu University, Nigeria
Abstract:- Globalisation has not only left the people of the less developing countries and indeed Africa behind in its ever-evolving technology but has also invaded their cultures and dampened their morale and aspirations for sustainable development. It is factual that Africans must continue to live and survive in a globalised world characterised by uneven and unsustainable wealth creation, there is a need for them to adopt glocalisation policies in various aspects of their economies by adapting or customising global ideas to the local needs of the people. Nigeria is one of the developing countries where globalisation has resulted in uneven wealth generation, unsustainable development and multifarious social and economic dislocations. Globalization through human capital flight has instigated the migration human resources that would have served the interest of enthroning development in Nigeria. The paper argues that globalization which necessitated human capital flight can be glocalized through ensuring that most of the migrated professionals are afforded the ample opportunity to transfer the knowledge gained as a result of the migration to local professionals or students. The study equally argues that, Nigeria in the quest for an improved economic development can as well embark on trading of local professionals to countries in need of them, hence encouraging capital repatriation. The study is qualitative in nature as data was collected from the secondary source which includes, textbooks, journals, academic periodicals, newspapers, magazine and internet sources, while the neo-classical school, which introduced a degree of refinement to classical economic theory was adopted as the analytic tool. The paper revealed that, glocalisation policies can help in the maximaization of human capital flight for enhanced economic development by reducing the scourge of globalisation in the Nigeria. The study recommends that, Nigeria should ensure that capital repatriated is properly channeled to infrastructural development; encouragement of citizens migration to developed countries as a means of empowering the people for greater knowledge acquisition; Nigeria should endeavor to properly train her human resources to make the available for the market.
Keywords: Globalization, Glocalization, Human Resource Flight, Economic Development, Nigeria
