Mobilizing the diaspora: From brain drain to brain gain

The present chapter analyses two aspects of international migration in the LDCs not yet discussed in this Report. First, it studies the flows of knowledge and technology stemming from the international movement of labour — particularly from the migration of so-called high-skilled persons — , their impact on the human capital endowment and technological accumulation of LDCs, and the emergence of diaspora knowledge networks. Second, the chapter examines the impact of international migration on the business activities of these countries through two mechanisms: international trade and investment flows between home and host countries; and returnee entrepreneurship.

Related Subject(s): Economic and Social Development