Solving the technology brain-drain in Asia-Pacific
According to the World Bank Monitor Report on Brain Drain, brain drain is defined as the emigration of high-skill individuals, where a high-skill emigrant is a foreign-born individual, aged 25 or more, with an academic or professional degree beyond high school (i.e. ‘post-secondary’ or ‘tertiary educated’) at the census or the survey date. It is a major concern for developing countries because they lose valuable skilled human resources, which are essential in driving innovation and the economy. Because the brain drain diaspora migrates to developed, high-income countries, it further aggravates the economic gap between developed and developing nations. It is not only detrimental for developing nations but in the long run will create economic instability.
This website analyzes the different circumstances of brain drain in the Asia-Pacific region, current policies to counteract it, an evaluation of the effectiveness of such policies as well as suggested policies.