New
Zealand
Returning to the roost
Singapore suffers outflow, here it's the reverse. TIME
Jun 9, 2004
It's
a good thing New Zealand has plenty of cattle, because these
days it needs a lot of fatted calves: its prodigal sons
are coming home in record numbers.
Long
resigned to losing its best and brightest to the bright
lights and big cities of Asia, Europe and North America,
the country is suddenly witnessing a reverse brain drain.
The
global economic downturn, combined with post-9/11 anxiety,
is driving many expatriate Kiwis back to their antipodean
homeland.
It helps
that New Zealand's economy, like Australia's is bucking
the global trend and growing at around 4%.
Last
year produced a 13% increase in the number of New Zealanders
coming home, and a 25% fall in the numbers leaving.
Immigration
numbers are up, too.
The
country recorded a net permanent and long-term migration
gain of 32,820 people, compared with a net loss of 9,270
the year before.
Apart
from economic considerations, psychologists say many returning
expats are "cacooning" away from the insecurities
of war and terrorism - which helps explain why the greatest
increase in resettlement occurred after 9/11.
In these
troubled times, the other side of the world seems the safest
place to livre.
TIME on Oct 6, 2003