International Migration, Remittances and Brain Drain: Impacts on Development

This book examines the effects of remittances and brain drain on the development of less developed countries (LDCs). It analyzes global, regional, and national data and presents arguments for and against the emigration of highly skilled personnel and remittances. It also examines the arguments against brain drain, such as the loss of skilled labor, wasted public investment in higher education, and reduced tax revenues. The book focuses on the effects of remittances on poverty and inequalities, such as improving health conditions, raising education levels, and empowering women. It also discusses the stabilizing function of remittances and the improvement of external accounts. The book provides a reference for students and research centers devoted to development economics, centers for international migration studies, and research units focusing on population, migration, and development.

Format: Hardback
Length: 168 pages
Publication date: 25 August 2021
Publisher: Springer Nature Switzerland AG

This comprehensive book delves into a thorough analysis of both theoretical and empirical studies on the impact of remittances and brain drain on the development of less developed countries (LDCs). It encompasses a comprehensive examination of the latest global, regional, and national data, as well as the arguments for and against the emigration of highly skilled personnel and remittances. By highlighting these policies, the book aims to optimize the relationship between migration and development.

The book takes a deep dive into the arguments against brain drain, specifically addressing the loss of skilled labor, wasted public investment in higher education, and reduced tax revenues. It also presents the compelling arguments in favor, emphasizing the transfer of scientific knowledge, the incentive effect of increased education spending, and participation in international networks. Furthermore, it addresses the central issue of emigration of medical personnel from developing countries and its consequences on the population.

The book's primary focus lies in examining the effects of remittances on poverty and inequalities. It is evident that remittances have a positive impact on various aspects of development, including improving health conditions, raising education levels, and empowering women. These positive effects are further reinforced by the stabilizing function of remittances and the improvement of external accounts. However, certain effects are subject to differing assessments, such as the potential reduction of labor supply and the occurrence of the Dutch disease.

The book emphasizes the importance of institutions that integrate economic, social, and political incentives to establish remittances as a central component of development policies. By doing so, these institutions can create a conducive environment for the sustainable development of LDCs. This book serves as a valuable resource for students and research centers dedicated to development economics, centers for international migration studies, and research units focusing on population, migration, and development.

Weight: 453g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030755126
Edition number: 1st ed. 2021