This module aims to: (i) provide a clear diagnostic of what the brain refers to, (ii) provide a comprehensive overview of the latest economics research on high-skill emigration and evidence on public policy experiments to maximize (minimize) gains (losses) from it, (iii) examine what the empirical evidence says on its drivers and impacts, and (iv) look into what policies can governments use to ensure a triple win situation for skilled migrants, host, and destination countries. Brain Drain is a worldwide phenomenon in which there is a large emigration of individuals with technical skills or knowledge, normally due to conflict, lack of opportunity, political instability, or health risks. It is also known as Human Capital Flight. Brain drain has an economic cost as emigrants usually take with them the fraction of value of their training sponsored by the government. Not only this it is also similar to Capital Flight or Economic Drain as this process, directly and ... Human capital flight is the emigration or immigration of individuals who have received advanced training in their home country. 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] BRAIN DRAIN definition: 1. the situation in which large numbers of educated and very skilled people leave their own country…. Learn more.
