Brain Drain

The Brain Drain: Evidence, Policy and Implications The fountainhead conk out phenomenon began to mug up in economic and development publications as furthest back as the 1960s (Carrington and Detragiache 4). The brain feed is a term used to describe the migration of highly educated slew from developing countries, to richer, more developed countries in search of high paying jobs or further education. When literature on the brain beetle off was first published it was in contrast to the living political opinion that difference between countries created incentives which caused egress. The brain drain phenomenon suggested not only that variation was not creating incentives leading to growth, only if that it was in fact doing the opposite, and providing incentives for migration of the highly educated, which theoretically reduced tender capital, and thus growth in developing countries (Carrington and Detragiache, year 4). The root word that inequality might not, in fact, create incentives leading to growth was further studied in the 1980s and 1990s in a body of literature known as clean growth literature.

New growth economists argue, and have shown empirically, that countries with larger inequality are not growing faster than countries with lesser inequality and even suggest that redistribution of wealth could serve to improve the wander of growth in developing countries (Aghion, Caroli, and Garcia-Penalosa, year, 1619). In this paper, scholarly literature and case studies will be analyzed in foothold of their contribution to the debate about the brain drain phenomenon and its realistic implications for both sending and receiving countries. Throughout this paper, the term brain drain will be used to refer to the migratory digit of highly educated peoples from developing countries into developed countries. However, it is important to differentiate that the effects of this drain are controversial, and that while the term drain may infer a loss of human capital, some economists argue... If you want to get a full essay, order it on our website: Ordercustompaper.com

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