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human capital flight

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human capital flight

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Also known as brain drain

emigration of highly skilled or well-educated individuals

AI overview

Human capital flight is when highly skilled or well-educated people leave their home country to live and work elsewhere. It matters because countries that lose these individuals may struggle to innovate, grow economically, and develop solutions to their problems.

AI-generated from the Wikipedia summary — may contain errors.

Research

2,692 papers

via PubMed

~40 min read

Encyclopedic overview

Theoretical physicist Albert Einstein, who emigrated to the United States to escape Nazi persecution, is an example of human capital flight as a result of political change.

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". In occupations with a surplus of graduates, immigration of foreign-trained professionals can aggravate the underemployment of domestic graduates, whereas emigration from an area with a surplus of trained people leads to better opportunities for those remaining. However, emigration may cause problems for the home country if trained people are in short supply there.

Excerpted from Wikipedia’s “human capital flight” article, available under the CC BY-SA 4.0 licence.

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