Describe brain drain and its impact on an economy. What is reverse brain drain?
What will be an ideal response?
Brain drain is the departure of highly educated people from one profession, geographic region, or nation to another. Brain drain can negatively affect an economy if individuals needed for economic development, such as science and technology professionals, move elsewhere. Many countries in Eastern Europe experienced high levels of brain drain early in their transition to market economies. Economists, engineers, scientists, and researchers in all fields fled westward to escape poverty. But as these nations continue their long march away from communism, some are luring professionals back to their homelands—a process known as reverse brain drain.
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The legal authority for corporate managers and directors is derived from the:
A. corporate charter. B. board of directors. C. stockholders. D. CEO.
The effective date of a real estate purchase contracts is the date that:
A. the seller accepts the offer B. the security deposit was made C. the acceptance is communicated to the buyer D. the offer is made