In Ukraine for example, knowledge workers working remotely for US and Western European companies are actually one of the highest-earning social groups. Same for Egypt, Brazil, Russia, and Turkey. Local economies are benefiting from the USD flow and more importantly, the knowledge/experience flow.
I genuinely believe that there's no such thing as "engineers/designers/etc from X country is better than Y". There are only skilled individuals and the competition for hiring them will be brutal in the next 5 years.
Five years ago, it was almost impossible to find a great software engineer from emerging markets for a remote position. They were literally asking "are you guys some sort of Nigerian scam?" People started to believe that working remotely is actually possible and paying much better than their shitty local average.
I must say, I really enjoy your smart questions, thanks for the great convo buddy.