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Brain drain: This module aims to
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This module aims to: (i) provide a clear diagnostic of what the brain refers to, (ii) provide a comprehensive overview of the latest economics research on high-skill emigration and evidence on public policy experiments to maximize (minimize) gains (losses) from it, (iii) examine what the empirical evidence says on its drivers and impacts, and (iv) look into what policies can governments use to ensure a triple win situation for skilled migrants, host, and destination countries. Human capital flight is the emigration or immigration of individuals who have received advanced training in their home country. The net benefits of human capital flight for the receiving country are sometimes referred to as a " brain gain " whereas the net costs for the sending country are sometimes referred to as a " brain drain ". [1] Brain drain is defined as the migration of health personnel in search of the better standard of living and quality of life, higher salaries, access to advanced technology and more stable... Brain drain is the emigration of skilled workforce with profound consequences and requires extensive solutions for retaining talent and fostering development.
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