Brain drain helps the individual more than the society. Open Future What educated people from poor countries make of the “brain drain” argument. Brain drain can have positive effects Economic Impact of Brain Drain in Developed and Developing Countries Brain drain is the emigration of highly trained people from a particular country.

The effective brain drain exceeds the income-maximizing level in the vast majority of developing countries, especially in sub-Saharan Africa, Central America, and small countries. The term ‘reverse brain drain' is closely tied with brain drain and brain gain because reverse brain drain is a migratory phenomenon that results due to the brain drain of the intellectual elites from developing countries and is the mirror image of the benefit of an inflow of high quality human resources which is brain gain.. Makes the individual develope financially. Brain drain is the migration of skilled human resources for trade, education, etc.

The term often describes the departure of … The phenomena of brain drain has left harmful effects in the region of poor countries like Africa, because of their great hope, talents and skills have immigrated to the richer countries. Industrial countries such as Canada, Germany, and the United Kingdom worry about the emigration of their talented workers, but it is the detrimental consequences of the brain drain for developing countries that are usually stressed in the literature. Brain drain, also known as human capital flight, is a serious issue in many parts of the world, as skilled professionals seek out work abroad rather than returning to work in their home country.

the countries that are most concerned with the “Brain Drain” tend to be developing countries that are in need of serious reforms; such as many Caribbean countries. One study finds that sending countries benefit indirectly in the long-run on the emigration of skilled workers because those skilled workers are able to innovate more in developed countries, which the sending countries are able to benefit on as a positive externality . Advantages: The advantages of brain drain are usually advantages of an individual. Brain drain is the phenomenon during which young, highly skilled, and competent professionals leave their home country for better professional and financial opportunities abroad. The risk of a brain drain damaging rich countries is arguably lower, but it does exist. This means that there is a "brain gain" instead of a "brain drain" to emigration. The international migration of skilled workers (the so-called brain drain) has attracted considerable attention. It is important to distinguish between emigrants from OECD countries and those from developing countries. England: While it isn't seeing staggering losses like many countries on this list, it is valuable to see how brain drain is a problem even in developed and relatively wealthy nations like Britain. Download the report. Halting emigration is no way to fix dysfunctional countries. The countries with the biggest brain drain Shutterstock.com. The movement of skilled workers internationally represents brain gain for the countries that reap their skills and experience and brain drain for their countries of origin.