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Brain Gain: The Upside of Losing Talent Abroad

Brain Gain: The Upside of Losing Talent Abroad

Human capital flight – otherwise known as “brain drain” – presents a challenge for developing countries.  In countries with a lower per-capita GDP, wages are also typically lower.  So highly-skilled labor immigrate to richer nations where their specialized talents yield a salary several times what they could earn in their home countries.  Frequently, these professionals – doctors, lawyers, computer scientists – have been educated at the expense of the government, and losing them is a big hit to the country. …

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