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To: JasonC
Japan has a sane immigration policy on skilled visas which we would do well to emulate. Up until the late 1980's, the Japanese produced a surplus of engineers who turned out innovative products and led the world in new applications for R&D, some domestic, some imported from elsewhere.

They got so rich and confident, kids stopped taking engineering and went into business and finance. By the early 1990's, their engineering surplus grew into a shortage. Nonetheless, they were able to deal with it due to sensible immigration policies-- there was no cap on skilled visas, but there was a catch-- companies were required to pay a 10% premium over the prevailing wage to get these people. The justification was simple: (1)Japanese companies would not displace a Japanese worker for economic reasons if they had to pay a premium for a foreign worker and (2)The foreign worker needed more to live a comparable lifestyle with his Japanese co-workers due to additional expenses such as travel, learning the language and a reduced range of choice in housing and such.

By the late 1990's, the surplus of business graduates (among other things) in Japan had resulted in a stagnated economy from which she is only now recovering. One of the reasons for the emerging recovery is (surprise!) more young Japanese going into science and engineering because many of the forign workers (including this one) went home during the last decade (many of them taking the skills they learned to develop their own economies) and there is, once again, a strong demand for graduates from Japanese universities well-grounded in science and math.

77 posted on 02/04/2006 6:16:28 AM PST by Vigilanteman (crime would drop like a sprung trapdoor if we brought back good old-fashioned hangings)
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To: Vigilanteman
Um, our GDP has more than doubled in a period in which theirs has rising at most by a third. I don't think they are a great place for lessons in how to maintain economic growth. They are in fact a poster child for the failure of mercantilism.
97 posted on 02/04/2006 6:38:50 AM PST by JasonC
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