Tito Boeri

in Brain Drain and Brain Gain

Published in print July 2012 | ISBN: 9780199654826
Published online September 2012 | e-ISBN: 9780191742095 | DOI:

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The worldwide race to attract talents is getting tougher. So far the winner has been the USA, attracting PhD candidates and graduates not only from emerging countries, but also from the EU. However, more countries are adopting immigration policies specifically aimed at selecting and attracting skilled workers. This chapter argues that the reason why the race is becoming so tough is that skilled migration is a way out of a policy dilemma facing many governments. It makes immigration not only economically advantageous, but also politically acceptable. In fact, highly skilled immigration not only contributes to economic growth in the recipient country, but also reduces earning inequalities in the host country. However, the potential benefits associated are not always fully understood by European countries. The potential impact of the Great Recession on the race for talent is also discussed. Finally, convergences in policy recommendations developed in the two parts of the volume are discussed.

Keywords: selective migration policy; migration; highly skilled migrants; recession; brain gain; brain drain

Chapter.  5647 words. 

Subjects: Economic Development and Growth

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