Currently the transfer of talent has been from developing countries such as India and China to the developed world. In the United States, the stay rates for advanced students in the engineering disciplines and the sciences can be higher than 75 percent for students from particular countries. From the perspective of national education authorities, these students may represent a considerable hemorrhaging of talent that has been developed by the students' countries of origin. If nations are to develop, a means must be found by which talent can flourish in the soils that originally nurtured it. Related issues of internationalizing the curriculum and providing a global consciousness to students, including instruction in foreign language, and ensuring that the academic profession is linked internationally are central to any discussion of the internationalization of higher education.
Graduate education offers great opportunities for international links and cooperation.
Countries can take advantage of graduate training capacities elsewhere, and the new technologies can provide key links. Highly specialized and advanced-level teaching and research deserves careful analysis. The privatization of higher education is a worldwide phenomenon of considerable importance. In Latin America and some parts of Asia the fastest-growing parts of the academic system are private institutions. In Central and Eastern Europe, private initiative is also of considerable importance.