Abstract
The recent trend of globalization has been characterized as the flow
and exchange of goods, services, capital, and informative services and at high
level qualified skilled labour. In developed countries it is forecasting that 80%
of baby boomers workforce are working beyond 60 years of age. The retirement
of baby boomers create huge gap between workforce demand and supply. The
phenomena of transfer of human resources have been undergone extensive
scrutiny in developing countries. Developed countries attract qualified skilled
workers from developing countries in the form of incentives, scholarships from
developing countries to fulfil the required talent gap. On the other side the
surplus workforce in developing countries also create gap between jobs demand
and supply. This paper will examine the phenomenon of talent demand in
developed countries and production as well as supply from developing
countries. For this purpose final year students of MBBS, BDS and Engineering
studying in universities / DAI charted by government of Khyber Pakhtoonkhwa,
Pakistan is considered population. 50% sample size was randomly selected and
980 self administrative questionnaires were distributed and response was
received from 920 corrected / completed in all respect. Result show that huge
demand in developed countries attract the talented individuals and
unemployment in developing countries compelled the talented individuals to
flight.
Muhammad Irshad. (2016) Talent Production in the Face of Retirement of Baby Boomers in Developed Countries , Abasyn Journal of Social Sciences, Volume-09, Issue-1.
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