Without immigration in some parts of the country we would face a serious crisis: we have a rapidly ageing population, yet would be unable to staff public services, attract financial expertise, or even process potatoes.
To do so it requires the ability to attract top expertise – to "pick" broadly defined directions, as IT and internet were picked in the past, and "green" should be picked in the future.
Foreign insurers which want access to the national market (as opposed to one city) may take stakes of up to 25% in a domestic insurer provided, that is, they get the regulators' say-so.The idea in all this is to attract foreign expertise and to pass it on to locals before the foreigners can capitalise on it.
The planned announcement is both an acknowledgment of the growing force of the open source philosophy, which embodies free programs like the Linux operating system, as well as an effort by Sun to attract the expertise of companies across a wide spectrum of manufacturing and services in developing Java to meet the needs of their own industries.
The government agencies principally involved in this effort are increasing their efforts to attract international expertise and personnel.
The Hong Kong government is investing heavily in financial technology, or fintech, and businesses are looking to attract foreign expertise in telecommunications and information technology, Bennett says.
The latter concern is addressed within the CIM approach: while the government defines the required post and pays a local salary, German development cooperation via CIM provides a top-up to attract international expertise that isn't available within the country.
An enrichment of public sector expertise in planning and budgeting through staff trainings and attracting technical expertise by revising public pay scales is essential to make decision making more rational, evidence-based and justifiable, and to reduce dependency on external agencies for technical support.
For the federal government — where some agencies as recently as 2016 had been using floppy disks, one watchdog found — attracting Silicon Valley-style expertise long has proved vexing.
More recently, the biggest and the richest of the Emirate countries, Abu Dhabi, has taken the next step and decided that attracting the expertise needed to create Arab media is a good way to both diversify its economy and help take local culture and traditions into the mass communications age.
