Tag Archives: Human capital

Is brain drain relevant in an increasingly globalised world?
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Brain drain is a very emotive issue. Even the word ‘’drain’’ conveys a certain sense of siphoning off resources from A to B without any rewards to the donor. Anecdotal reports suggest that Europe and America are full of highly skilled immigrants from developing countries driving taxis and doing the jobs that the locals do not want to do. The anecdotal evidence also tends to suggest that the vast majority of these immigrants are doctors, scientists, teachers or engineers. The fact remains that there is very little actual evidence for this assertion. A recent paper from the Centre for Research and Analysis of Migration (CREAM) authored by John Gibson and David McKenzie tries to look at the evidence for some of these stereotypes and challenges some of the common presumptions.

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