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The Global Circulation of Skill and Capital — Pathways of Return Migration of Indian Entrepreneurs from the United States to India

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Diaspora Engagement and Development in South Asia

Part of the book series: International Political Economy Series ((IPES))

Abstract

The phenomenon of return migration is ‘the great unwritten chapter in the history of migration’ (King, 2000: 7). Although migration to high-income OECD countries from poor developing nations has often been considered to be permanent up to now, in fact it has always had an element of impermanence, and more so at the present time because of the accelerating globalization of the world economy and the constant international migration of workers meeting the demands of emerging global markets. This means that migration in the present century often involves multiple migratory patterns, spread over a considerable period of time, that entail the flow of ideas, capital, attitudes and the skill sets of migrants themselves. As Faist (1997: 206) states, ‘leaving and returning may not be decisions taken only once [but] occur repeatedly over the life course of a mover’.

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© 2013 Manashi Ray

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Ray, M. (2013). The Global Circulation of Skill and Capital — Pathways of Return Migration of Indian Entrepreneurs from the United States to India. In: Yong, T.T., Rahman, M.M. (eds) Diaspora Engagement and Development in South Asia. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137334459_5

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