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EXAMINING THE RISK OF BRAIN DRAIN AND LOWER REMITTANCES

EXAMINING THE RISK OF BRAIN DRAIN AND LOWER REMITTANCES Developing countries could be facing two linked trends that are potentially detrimental to their development prospects: outmigration of high-skilled professionals and the potential decline in remittances as migrants with higher skills may be less likely to remit or may remit less if they do. This paper examines this policy issue by empirically analyzing a cross-national dataset spanning 70 countries during the period 1985–2000, as well as a country-specific dataset for the Philippines. It finds little evidence that high-skilled migration is linked to lower remittances at the aggregate level. This finding coheres with more recent studies leveraging microlevel data. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Singapore Economic Review World Scientific Publishing Company

EXAMINING THE RISK OF BRAIN DRAIN AND LOWER REMITTANCES

The Singapore Economic Review , Volume 58 (01): 1 – Mar 1, 2013

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References (15)

Publisher
World Scientific Publishing Company
Copyright
Copyright ©
ISSN
0217-5908
eISSN
1793-6837
DOI
10.1142/S0217590813500069
Publisher site
See Article on Publisher Site

Abstract

Developing countries could be facing two linked trends that are potentially detrimental to their development prospects: outmigration of high-skilled professionals and the potential decline in remittances as migrants with higher skills may be less likely to remit or may remit less if they do. This paper examines this policy issue by empirically analyzing a cross-national dataset spanning 70 countries during the period 1985–2000, as well as a country-specific dataset for the Philippines. It finds little evidence that high-skilled migration is linked to lower remittances at the aggregate level. This finding coheres with more recent studies leveraging microlevel data.

Journal

The Singapore Economic ReviewWorld Scientific Publishing Company

Published: Mar 1, 2013

Keywords: Brain drain brain gain diaspora remittances migration

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