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Date: 2007-12-04 01:49 am (UTC)
A cogent analysis. One of my profs called it "transnational flow of labor" (to distinguish from "transnational flow of capital") and pretty much came to the same conclusion.

One caveat -- bad situations that one can walk away from, have a tendency to get much worse because all the skilled, competent people who care have fled for new lives in America or Europe. :) Or California or New York. :))
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