Leveraging International Student Mobility to Enhance the Competitiveness of Developing Countries in the Global Market

Negar Sohaee ()
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Negar Sohaee: Yorkville University

A chapter in Corporate Management Ecosystem in Emerging Economies, 2023, pp 63-78 from Springer

Abstract: Abstract International student mobility is becoming more common as students seek international educational experiences. In today’s global economy, it is imperative that countries remain competitive and have a workforce with the latest skills and knowledge. This is especially important in developing countries, where there is a significant gap in human capital compared with developed countries. This article examines the role international student mobility plays in bridging skills gaps in developing countries and its benefits to students and host countries. Benefits for students include opportunities to immerse themselves in new cultures, gain new insights and knowledge, improve cross-cultural skills, and build international networks. The host country will benefit from talented students from around the world who bring new perspectives, skills, and knowledge, enhance human capital and competitiveness in the global market, and foster innovation, entrepreneurship, cultural exchange, and international relations. This article highlights the importance of international student mobility in improving the competitiveness of developing countries by providing access to new ideas, skills, and knowledge and bridging skill gaps. Closing these gaps is essential to boosting competitiveness, economic growth, stability, investment attractiveness, and job creation in developing countries.

Keywords: Human capital; Skills gap; Student mobility emerging economies (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-41578-4_5

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DOI: 10.1007/978-3-031-41578-4_5

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