The New Economics of the Brain Drain
For nearly four decades now, the conventional wisdom has been that the migration of human capital (skilled workers) from a developing country to a developed country is detrimental to the developing country. However, this perception need not hold. A well-designed migration policy can result in a “brain gain†to the developing country rather than in just a “brain drain†from it, as well as in a welfare increase for all of its workers—migrants and non-migrants alike—as the new research reported here suggests.
Year of publication: |
2005
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Authors: | Stark, Oded |
Published in: |
World Economics. - World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE. - Vol. 6.2005, 2, p. 137-140
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Publisher: |
World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE |
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