The Impact of Outsourcing and Brain Drain on Global Economic Equilibrium

Abstract

Outsourcing and brain drain are two popular phenomena that have captured the interest of researchers in academia and the business world. Numerous studies have been conducted on these two topics but little research has related them to global economic equilibrium. This paper presents the effects of outsourcing and brain drain that the researcher believes have an impact on the improvement of the global economy. The study assumes that the more positive the outcomes created by outsourcing and brain drain, the greater the possibility to achieve global economic equilibrium.