The Return Path: Making Reverse Migration Work
As much as we, expats, try to deny it, we are at an inflexion point. The great global wave of migration, that set off in the 90s and that many of us leave home and settle abroad, is beginning to ebb. And, this is not just about a Trump or a Theresa May, not just about some kinds of Visas becoming more difficult to obtain. This is as much about a cultural turn - street-level nastiness combined with resurgent national identities - that marks an ending, as well as a beginning, that we should take note of. This isn't unprecedented - global movement of people always ebbs and flows - but this time, it appears to be the start of a long term trend, a reversal of opportunities driven by growth in the other side of the world. The emerging markets may have been a mixed bag in the past, but we are perhaps entering the phase of relatively closed economics, which would make the large markets - such as India or Indonesia - a great receptor of local innovation. And, even in the markets wher...