Brain Drain Research Paper Example | Topics and Well Written Essays - 1500 words

Brain Drain - Research Paper Example This research will begin with the statement that brain drain is an issue that is of a great concern to the various countries of the world. Brain drain is also referred to as human capital flight, and it depicts the emigration of educated or talented people. This movement of educated or talented people has the capability of destroying or sabotaging the economic system of a state. Â  This is mainly because the country under consideration will lack professionals who are skilled enough to transform their domestic economies. Zweig and Chen argue that this term is on most occasions used to refer to the departure of skilled professionals such as financial experts, doctors, engineers, and scientists. When these people emigrate from the country, the country is vulnerable in two major ways. At first, the country will lose a supply of skilled labor. The second method is that there will be a reduction in spending within an economy. This is because these professionals normally earn a large sum o f money, and they use this money within an economy. This ensures that there is a circulation of money within an economy. When they move outside the country, there will be a limited circulation of money, and this may cause inflation or negative economic growth within a country. The United States is one of the leading countries that normally attract professionals of all calibers. This is because the country has one of the best education systems, and it has a stable economy that would guarantee employment opportunities to these professionals.