The vicious cycle of 'Globalisation'

Globalization often creates a vicious cycle: liberalized trade policies destroy a region’s economy, which in turn leads to mass emigration from that area, further eroding the potential of the origin country while depressing wages for the lowest paid workers in the destination country. 

Significant skilled and white-collar migrant workforce? Despite the rhetoric about “shithole countries” or nations “not sending their best,” the toll of the migration brain drain on developing economies has been enormous. 

According to the Census Bureau’s figures for 2017, about 45 percent of migrants who have arrived in the United States since 2010 are college educated. Developing countries are struggling to retain their skilled and professional citizens, often trained at great public cost, because the largest and wealthiest economies that dominate the global market have the wealth to snap them up