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Brain Drain and Brain Gain - The Global Competition to Attract High-Skilled Migrants (Hardcover, New)
Loot Price: R3,613
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Brain Drain and Brain Gain - The Global Competition to Attract High-Skilled Migrants (Hardcover, New)
Series: Fondazione Rodolfo Debendetti Reports
Expected to ship within 12 - 17 working days
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The worldwide race to attract talents is getting tougher. The US
has been leading the race, with its ability to attract PhD
candidates and graduates not only from emerging countries, but also
from the European Union. However, a growing number of countries
have adopted immigration policies specifically aimed at selecting
and attracting skilled workers. This book describes the global
competition to attract talents. It focuses in particular on two
phenomena: the brain gain and brain drain associated with
high-skilled migration.
Part I provides an overview of immigration policies designed to
draw in skilled workers. It describes the economic gains associated
with skilled immigration in the destination countries and the main
determinants of the inflows of skilled immigrants (such as wage
premia on education and R&D spending). It also discusses why
skill-selective immigration policies do not find more support in
receiving countries and shows that interest groups are actively
engaged in affecting policies towards skilled migrants. Part II
examines the consequences of brain drain for the sending countries.
It reviews the channels through which skilled emigration can affect
the source countries and looks at remittances, return migration,
diaspora externalities, and network effects that may compensate the
sending countries for their loss of human capital. Contrary to
traditional wisdom, the results indicate that most developing
countries experience a net gain from skilled emigration.
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