Human capital flight

Uncommon card · No. 108462

Human capital flight is the emigration or immigration of individuals who have received advanced training, especially higher education, in their home country. The net benefits of human capital flight for the receiving country are sometimes called a "brain gain", whereas the net loss for the sending country is called a "brain drain". In occupations with a surplus of graduates, immigration of foreign-trained professionals can worsen the underemployment of domestic graduates, whereas emigration from an area with a surplus of trained people can lead to better opportunities for those remaining. However, emigration may cause problems for the home country if trained people are in short supply there. Research shows that human capital flight brings significant economic benefits to migrants and the receiving country. The consequences for the country of origin are positive, or mixed. Research also suggests that emigration, remittances and return migration can have a positive effect on democratization...

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