Abstract

During a conversation with a group of CIOs in autumn 2009, one mentioned that he believed the future growth of the BRIC nations (Brazil, Russia, India, and China) would create an outflow of expatriates back to their home countries-thereby creating an IT resource shortage in the US. The same topic came up again and again over the next few months in various forums with a similar conclusion.The premise is compelling and has enough substance to pass the initial sniff test. However, although it's a great talking point, I have yet to find any documents that project such an outflow of IT expatriates leaving the US to return to their homeland.Goldman Sachs continues to provide updated revisions- including in the Dec. 2009 edition of its monthly newsletter on the BRIC.3 The documents available relating to the BRIC nations (either through Goldman Sachs or other sources) are typically quite lengthy but provide solid data, formulas, and assumptions driving the conclusions. It's one perspective on the future, and I would highly recommend any CIO for a global company become more familiar with the concept and conclusions.

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