TREND IN EXPATRIATE ASSIGNMENTS
We are witnessing a burst in worldwide demand for expatriates. The emergence of fast- growing economies has led to opening many new subsidiaries. Western MNEs , besides running their existing operations, struggle to staff many startup operations in many new markets. Emerging MNEs similarly build operations in foreign markets. There are approximately 22,000 multinationals based in the emerging world; few of these existed 10 years ago . Each unit of each MNE requires executive talent.
Staffing the latest wave of globalization also refines the idea of who is an expatriate. Unquestionably ,the long- running standard of an expat as someone
Who leaves the country work abroad endures. The precise classification is no longer quit so static. Historically, an expatriate was posted to a particular host country for a three –to five –year assignment ,with the ultimate plan of returning to the home country .Now,most international assignments are much shorter.A decadeago,10 percent or so of international assignments were scheduled for one year or less;today 80percentor more run that short. Short