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Developing countries benefit as senders of unskilled migrants because they receive significant remittances from these migrants. They also benefit as senders of skilled migrants because this increases educational attainment at home and contributions from r - Term Paper Example

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The term Brain Drain has gained particular wide usage in the late 1960’s and it is used to denote the international transfer of resources in the form of human capital from developing to developed countries. In particular the brain drain focuses on the migration of skilled…
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Extract of sample "Developing countries benefit as senders of unskilled migrants because they receive significant remittances from these migrants. They also benefit as senders of skilled migrants because this increases educational attainment at home and contributions from r"

Download file to see previous pages The costs associated with brain drain are related to output and employment levels. Additionally the cost of brain drain is related to the fact that in many developing countries the education is financed by the government through subsidies. So when the educated individuals migrate to other countries after receiving the necessary skills through subsidised education in the developing countries. However in recent years the researchers have focussed on the positive effects of the brain drain on the developing countries in the form of remittances that the labour force will be sending back to their home countries. Additionally the skilled workforce may return back home after acquiring the necessary skills from abroad in order to help in contributing to the growth of the home country to which they belong. There is also a study by the scholars that has focussed on the fact that the restriction of the developed countries on the flow of the unskilled workers is not necessarily a disadvantage for the developing countries as this will create an additional pressure on the developing countries so that most of the individuals may pursue higher education and then travel to the developed countries. The following pages discuss both the positive and negative effects of the brain drain on the developing countries to arrive at the conclusion whether brain drain is either positive or negative and perhaps both.
After 1974 several policies by the countries in Europe put a tab on the migration or rather the emigration of the people to their countries (Brock and Blake, 2014). However further policy changes by the countries of Europe allowed for the immigration of the skilled workforce while continuing to keep a ban or restriction on the immigration of the unskilled workforce. The migration of the skilled workforce to the developed countries from the developing countries has been thought of as a negative impact on the ...Download file to see next pagesRead More
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