ASSIGNMENT 1

1) With Reference to LDC report 2012 by UNCTAD (Attached in VC)

what information can be synthesized for the issues related with
Remittances in LDCs?
2) With globalization of world economy, liberalization of trade, and
facilitation for easy mobility of labor and capital national
boundaries are being erased/redefined in todays world. If we
consider the case of Europe Union, people living in its member
nation can easily move from one country to another seeking job
and better carrier opportunities. Mobility of labor (skilled &
unskilled) has been very common in recent time in our part of
world as well, but unlike Europe the nature of mobility seems to
be very different. Elaborate your thoughts on it. How can we
define and differentiate each of these labor mobilitys?
3) Prativas sister Pratima has recently received scholarship from
one of the prestigious University in US for MBA studies and she is
very excited to go there. After she finishes her studies, she
wishers to find a good job and try to get settle down over there.
Like Pratima, most of the youths from LDC have similar dream
and are looking forward for similar opportunities.
Many developed countries like US, UK, Australia are attracting
young brains from all over the world and enriching their human
resources. This is usually done in the name of scholarships,
opportunity to get residency permit, and many other
opportunities. For countries like India and China (given the size of
youth population in these countries), this might not be a major
problem because at the end of the day total youth living the
country would tern out to be insignificant in terms of total youth
population living there. But for country like Nepal, the number
could be very significant. Since India an China are growing
economy, these countries are providing good carrier
opportunities for youths soin many cases we have seen students
returning back to their home country after their studies.
However, in Nepal opportunities are limited and we often hear
from our friends who went to study abroad, willing to stay back in
the foreign country even though they have to struggle hard to
find a decent job. Most of them engage themselves in low skilled,
low paid job hoping for better future in foreign land but hesitate
to come back.
Prativa being a very optimist person strongly believes the fact
that nation like ours can only prosper if youth of the country is

able to take the responsibility in giving new direction to Political,

economic and socio-cultural settings of our country. On one hand
she is happy for her sister going abroad for studies but on the
other hand she is equally upset thinking about the fact that her
sister will probably never come back and our nation will lose one
more productive and efficient youth.
What is your analysis of this case? How do you consider
migration of Nepali youth to developed countries? Is it
opportunity or threat for the country? (Support your arguments
based on youth responsibility vs. opportunities).
4) Based on question 3, do you think nation like ours will
progress if all the youth gone abroad will come back? Or do you
think our nation cannot afford to have them here because there
is not much opportunity available?