Abstract
The term ‘brain drain’ designates the international transfer of human resources and mainly applies to the migration of relatively highly educated individuals from developing to developed countries. While the brain drain has long been viewed as detrimental to poor countries’ growth potential, recent economic research emphasizes a number of positive feedback effects arising from skilled migrants’ participation in business networks, and suggests that under certain conditions the prospect of migration can positively affect human capital accumulation in the source countries.
| Original language | English |
|---|---|
| Title of host publication | The New Palgrave Dictionary of Economics, Third Edition |
| Publisher | Palgrave Macmillan |
| Pages | 1048-1053 |
| Number of pages | 6 |
| ISBN (Electronic) | 9781349951895 |
| ISBN (Print) | 9781349951888 |
| DOIs | |
| State | Published - 1 Jan 2018 |
Bibliographical note
Publisher Copyright:© The Editor(s) (if applicable) and The Author(s) 2018.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 10 Reduced Inequalities
Keywords
- Altruism
- Brain drain
- Diaspora networks
- Education
- Externality
- Foreign direct investment
- Human capital
- Information costs
- International migration
- Remittances
- Transaction costs
- Transfer of technology
- Wage differentials
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