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 pa...

Full description

Saved in:
Bibliographic Details
Main Author: Mendoza, Ronald U
Format: text
Published: Archīum Ateneo 2013
Subjects:
Online Access:https://archium.ateneo.edu/asog-pubs/61
https://www.worldscientific.com/doi/abs/10.1142/S0217590813500069
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Ateneo De Manila University
Description
Summary: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.