CyberJunky - Science, Technology & News Blog: Brain drain! Blessing in disguise?

<body valign="top"><script type="text/javascript"> function setAttributeOnload(object, attribute, val) { if(window.addEventListener) { window.addEventListener('load', function(){ object[attribute] = val; }, false); } else { window.attachEvent('onload', function(){ object[attribute] = val; }); } } </script> <div id="navbar-iframe-container"></div> <script type="text/javascript" src="https://apis.google.com/js/platform.js"></script> <script type="text/javascript"> gapi.load("gapi.iframes:gapi.iframes.style.bubble", function() { if (gapi.iframes && gapi.iframes.getContext) { gapi.iframes.getContext().openChild({ url: 'https://www.blogger.com/navbar/6845319?origin\x3dhttp://cyberjunky.blogspot.com', where: document.getElementById("navbar-iframe-container"), id: "navbar-iframe", messageHandlersFilter: gapi.iframes.CROSS_ORIGIN_IFRAMES_FILTER, messageHandlers: { 'blogger-ping': function() {} } }); } }); </script>

Monday, November 29, 2004

Brain drain! Blessing in disguise?

Developing countries might call it the "brain drain", but migration is a bigger contributor to capital inflows to these countries than official development assistance (ODA) from the developed world.

Migration benefits both destination and host countries. It says fears of migrants taking away jobs or reducing wage rates in the host country aren't true either, because migrants expand the demand for goods and services, add to the growth of the economy and contribute more to the economy than they take away from it.