brain drain Free Essay, Term Paper and Book Report
brain drain or human capital flight is an emigration of trained and talented individuals ("human capital") to other nations or jurisdictions, due to conflicts, lack of opportunity, or health hazards where they are living. It parallels the term "capital flight" which refers to financial capital that is no longer invested in the country where its owner lived and earned it. Investment in higher education is lost when a trained individual leaves and does not return. Also, whatever social capital the individual has been a part of is reduced by his or her departure. Spokesmen for the Royal Society of London coined the expression brain drain to describe the outflow of scientists and technologists to the United States and Canada in the early 1950s. Its counterpart is brain gain in the areas to which talent migrates. Brain drain can occur either when individuals who study abroad and complete their education do not return to their home country, or when individuals educated in their home country emigrate for higher wages or better opportunities. The second form is arguably worse, because it......
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