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Research links study abroad to poverty reduction
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A recent study has discovered that international students from low- to middle-income countries contribute to the reduction of poverty in their home countries upon their return after studying abroad. This contribution is not immediate, but it occurs over a period of approximately 15 years.
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Table of Contents
Introduction
Studying abroad has traditionally been viewed as an opportunity for students to expand their education, establish a solid resume, and increase their job prospects. However, recent study reveals another important finding: overseas students who return home frequently help to reduce poverty and strengthen the economy in their native countries. This blog will discuss how studying abroad affects both individuals and cultures, as well as why this path is beneficial for Indian students.
The Long-Term Benefits of Studying Abroad
A study, International student mobility and poverty reduction: A cross-national analysis of low- and middle-income countries, conducted by researchers Joonghyun Kwak and Maia Chankseliani looked at how studying abroad impacts poverty levels in lower- and middle-income countries.
They examined data from 43 nations spanning two decades (1999-2018) and discovered that as more students studied abroad, poverty rates gradually fell. Although the change did not occur immediately, the positive influence became apparent after around 15 years, demonstrating a robust correlation between higher education overseas and poverty alleviation.
Key Takeaway: Indian students who study abroad and return with new skills and global contacts have a significant impact on community development and job creation.
The correlation between increased outbound student mobility and poverty reduction.
Source: The International Journal of Educational Research.
The “Transnational Space” – More Than Just Academic Learning
When students study abroad, they get more than simply a degree. They enter what psychologists refer to as a “transnational space,” in which they encounter people from diverse cultures and form connections that broaden their global perspective. These experiences stimulate students to think differently, which frequently motivates them to solve challenges in their home countries.
How This Helps Back Home:
Global Connections: Students return with valuable global networks. These ties can help attract investment, share expertise, and create creative enterprises.
New Skills: Students return with technical skills and knowledge that they may employ in industries such as healthcare, technology, and business, thereby promoting change in their communities.
Innovation and Entrepreneurship: Many students who study abroad are encouraged to launch new businesses in their home countries, creating jobs and introducing new technologies.
Example: Assume a student studies renewable energy in Sweden and learns about environmentally acceptable technologies. When they return to India, they may start a firm focused on sustainable energy solutions to help reduce pollution and create jobs.
Importance of Returning Home
While many students want to settle overseas, coming home has distinct advantages. Coming back allows them to reduce “brain drain” and contribute to India’s growth. To support this, governments and organizations are pushing short-term exchange programs and scholarships that encourage students to return home after acquiring international experience.
Did you know? Some colleges and governments are forming collaborations between countries in the Global North (such as the United States and the United Kingdom) and the Global South (such as India). These agreements seek to promote information exchange that benefits both regions, resulting in a win-win situation for all.
Conclusion
Studying abroad is more than just a personal experience; it may lead to global impact. By studying abroad, Indian students learn skills and perspectives that can help promote social and economic progress back home. Scholarships and Government efforts are making this ambition a reality, allowing students from all backgrounds to contribute to India’s future. If you’re thinking about studying abroad, remember that it’s more than simply an investment in your future; it’s also an opportunity to make a long-term difference in your community.
At Global Campus, we’re here to help you select the ideal program, acquire scholarships, and plan for a successful study abroad experience. Contact us to see how studying abroad can help you open doors and generate possibilities to build a better future in India.
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