brain drain is a controversial topic whether in developing or already developed countries. Leaving one’s country for better opportunities, education, or even lifestyle is not always bad. Wanting to change and evolve to the better is not either. Contrary to the popular belief that brain drain is bad, there are some hidden benefits to what people call brain drain. Brain drain helps some immigrants to learn and explore new inventions and innovations abroad so that when, at least a small percentage of people, return they give back to their country. In addition, it also helps the emigrants’ homeland countries’ GDP through their remittances. Of course there is a negative side to Brain Drain as well.
The arguments that will be mentioned throughout might go against the popular view that brain drain is a dreadful phenomenon. One of the claims might be that all of the “good brains” could migrate and leave their countries instead of staying and working for and in their country, to help it improve economically and socially better than just leaving and sending money back through remittances. The reply to that would be: what if there is a very high unemployment rate where this person can’t find a job or he can find a job but he isn’t appreciated for his skills, ideas, and innovation, then his only option would be to travel somewhere else where he has better opportunities to improve his talents. Another point would be the assumption of developing countries remaining developing nations forever; they won’t be able to use those good brains in inventing and innovating new things.
In this project I will be investigating and explaining what stops the less developed countries from developing, so I will be looking for the following different factors; •Colonisation of Bolivia and Dubai. •Problems in the countries. •Bolivia and Dubai how are they trying to develop. •What is stopping them from developing? Also I’m going to try and make a conclusion to make this much easier to ...
The same reply would fit for this situation too; in addition to that they might return back and benefit their country even better than they would have if they did not leave in the first place. Some people leave their country and return to give back to it what it is missing. Immigrants go to other countries to learn, explore, and understand new things. They travel to gain experience and gain knowledge, and to learn more about other cultures as well. Brains who emigrate should also want to give back their country what it is missing to help it become better¸ even though the number of the people who return might be small. Just like in the article “Turkey benefits from Brain Drain” that talks about how Turkish Germans that are moving back from Germany are starting their own companies and making big profits out of it. As well as, they are so much happier than they ever were in Germany.
The writer then emphasizes the importance of the German “Brain Drain” on the Turkish economy, and how it’s helping in nourishing Turkey’s economy on the long run. That shows, at some cases, workers are coming back home to work or start their own businesses that benefit their countries. Or even help in developing his or her country by taking what they learned abroad and applying them in their own countries, therefore; contributing in developing their home lands. This is also known as “Brain Circulation”. An article by Menlick stresses on brain drain on a national scale, stating that Miami loses many artists to New York and Los Angeles. Menlick’s solution to this problem is to circulate instead of drain.
“The overriding concept I like is “brain circulation”. It’s not brain drain, it’s not brain gain, it’s brain circulation. So what I think Miami should do is bring people in and send people out” that way a country or a city will not be just stuck with what it has or what it has lost, it will lose people and it will gain in return to mingle the knowledge all around. Overall, even if immigrants don’t return back to their countries to contribute to it, they will still have the remittances they keep sending back to their homeland.
The term “Brain Drain” has come into limelight with the trend of educated and skilled people and workforce moving from one country to another to achieve career gains. The talent of such people as a result becomes available to the nation to which they relocate. The biggest disadvantage of brain drain is the depletion of talent from the native nation which may badly need their skills and talent. It ...
Homeland countries also benefit from Brain drain economically through remittances sent from the immigrants to their families who are still staying in their home ground. The amount of remittances send is very big, and they are that big to the extent that some are hidden, and not counted. Economists William Easterly and Yaw Nyarko wrote a paper in 2008 that hold “remittances to Africa are likely undercounted, but on average they are equivalent to 81 percent of the foreign aid (PDF) received by an individual country”. This shows that the economic benefits of remittances are being underrated through countries.
This also shows how the remittances are helping the countries’ GDP grow; a 2011 World Bank study showed that the average annual GDP growth of low-income countries has increased by 6%. That leads to the question of what does the calculation of GDP include and how does it help raise the economy? The GDP includes consumer spending, Investor spending, government spending, and others.
The equation of the calculation of the GDP shows that when the immigrant sends money to his or her family who live in their homelands, the family spends money (which goes into consumer spending) or they could even invest their money in banks for example (which goes into investor spending), therefore; an increase in the Gross Domestic Product should be a result from expenditures on consumer and investor goods, resulting in an overall growth of the GDP one way or another. Brain drain is an idea of the world emerging an economy from new technology and communication with the help of the influence of a large international agreement. This benefits both countries anyway, one for the remittances that are being sent back to the families. And the other for having a diverse community and having good brains that help improve the many different faculties and standards throughout the country.
To sum it all up, Brain drain has positive and negative effects. The negatives are that all of the “good brains” could migrate and leave their countries instead of helping it, developing countries will be developing nations forever, and it could kill innovation and invention. On the other hand, the positives outweigh the negatives. The positive points include loyal immigrants who leave and come back with new ideas and contributions to his or her country and Economic growth in the Gross Domestic Product especially through remittances. And as a solution for Brain Drain, Brain Circulation is the answer. The point is that it’s always good to try to change yourself to the better, and if it comes to immigrating, then do it!
In the summer of 2006, following the constitutional changes that came in the wake Slobodan Milosovich’s rule that ended in the 2000 general election, Montenegro held a referendum which preceded its declaration of independence from Serbia and Montenegro; in response to this the former declared itself a republic through a special parliamentary session. These events were brought by several factors ...
Hanson, Stephanie. “Is Brain Drain Good for Africa?” Council on Foreign Relations. N.p., 21 Aug. 2008. Web. 17 May 2013. Melnick, Jordan. “Brain Circulation and Miami’s Future as a Start-Up City | Beached Miami.”Beached Miami. N.p., 10 Feb. 2013. Web. 17 May 2013 Ratha, Dilip, Sanket Mohapatra, and Ani Siwal, comps. Migration and Remittances Factbook 2011. N.p.: World Bank, n.d. The World Bank. Nov. 2011. Web. 7 May 2013. Sokollu, Senada. “Turkey Profits from German ‘brain Drain’ | Germany | DW.DE | 09.04.2013.” DW.DE. 09 Apr. 2013. Web. 20 Apr. 2013.