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The net benefits of human capital flight for the receiving country are sometimes referred to as a "brain gain" whereas the net costs for the sending country are sometimes referred to as a "brain drain". [1]
Reverse brain drain is a form of brain drain where human capital moves in reverse from a more developed country to a less developed country that is developing rapidly. These migrants may accumulate savings, also known as remittances , and develop skills overseas that can be used in their home country.
Poor leadership and corruption has been identified by another study as another factor leading to brain drain. It found that Nigerian students have interests in travelling to developed societies after completion of their study. Other causes of brain drain identified include: [9] Mass unemployment; Poor salaries; Poor working conditions; Mass poverty
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In addition, the drain of East Germany's young population potentially cost it over 22.5 billion marks in lost educational investment. [70] The brain drain of professionals had become so damaging to the political credibility and economic viability of East Germany that the re-securing of the Soviet imperial frontier was imperative. [71]
“Brain drain” refers to the migration of educated, skilled individuals away from their home region in search of better opportunities elsewhere. When left unchecked, this trend will hinder a ...
Brain circulation differs from brain drain which describes skilled labour from certain countries emigrating to other countries in search of better opportunities. In India one witnessed large-scale emigration of engineers from its premier engineering institutes ) in the sixties, seventies and eighties.
Brain rot, a 170-year-old concept that has taken on new meaning in the social media age, is the Oxford Word of the Year for 2024. Oxford University Press, the publisher of the Oxford English ...