[Brazilian President Dilma] Rousseff will also visit the Massachusetts Institute of Technology and Harvard University.
Massachusetts already has strong ties to Brazil. In 2011, Massachusetts exported $450 million in goods and services to Brazil. And according to a new report by The Immigrant Learning Center, there are more immigrants living in Massachusetts that were born in Brazil than in any other country.
I first got wind of Boston's relationship with Portugal from Anthony Bourdain's show "No Reservations" (the best thing on television concerning globalization). Back in 2009, Demography Matters detailed the Brazilian migration (here and here). Now, Brazil is aggressively exporting talent to support its spectacular growth:
Selling her country’s technological prowess and booming IT market was the main order of business for Dilma Rousseff at a big trade fair in Hanover on March 5th. But Brazil’s president made sure to pose for photographs with young compatriots who last month began to study at German universities under her government’s new scholarship programme, Science Without Borders.
By the end of 2015 more than 100,000 Brazilians—half of them undergraduates, half doctoral students—will have spent a year or so abroad at the best universities around the world studying subjects such as biotechnology, ocean science and petroleum engineering which the government regards as essential for the nation’s future. That will cost 3 billion reais ($1.65 billion), a quarter of which will come from businesses and the rest from the Brazilian taxpayer.
Exactly. Brazil is investing in brain drain. Tax payer money is being used to underwrite the exodus. Getting back to Boston, Brazilians studying at MIT beget Massachusetts trading with Brazil. Whether the graduates stay or go back home is of little consequence. Beantown fretting about brain drain is comical. Brazil understands the Talent Economy. Boston doesn't.