For several decades there has been a migration of highly qualified workers from developing to industrial countries. What are the causes of this "brain drain", which many regard as a subsidy from the poor to the rich? What consequences does it have for the countries concerned? Are there effective...

Comparative advantage, government incentives and entrepreneurial dynamics as determinants of a country’s export performance are discussed in this article. The author’s particular attention is focussed on the present situation and future perspectives of the less developed countries.