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Vol. XII Issue II - February 2010
Project Management eJournal
FEATURED PAPER
The myriad consequences of skilled migration from developing countries
By Ghirmai T Kefela, PhD
Abstract
The consequences of skilled migration from developing countries are a direct loss of the fiscal contributions of these highly skilled individuals. This paper analyzes the effect of labor migration on both receiving and sending countries, and loss of talent for a developing countries or Sub Saharan Africa by examining human capital flows from those countries to the U.S. and Europe. A broad range of policy changes will be required to meet these challenges, including changes in immigration policies, and measures can be implemented to minimize the damage and turn ‘brain drain’ into ‘brain circulation’.
In this article it will be shown that brain drain is usually understood as the permanent loss of highly skilled and educated people who are the vital driving force of any country the pressures that drive labor migration are predominantly of economic nature. If adequate policies are not put in place to deal with it to overcome these factors, emigrants will continue to migrate in the hope for better lifestyle and income opportunities, and due to political insecurity, prosecution and bad governance, high fertility leading to massive poverty, and unemployment and low wages.
Keywords: Brain drain; Emigrants and Immigration; Socioeconomic Factors; policy changes, political insecurity, prosecution and bad governance
To read entire paper (click here)
 About the Author Ghirmai T. Kefela, PhD Author Prof. Ghirmai T Kefela has been working as an Operation Manager in the travel industry in the USA for over 20 years, with customer-focused experiences in sales and services delivery, and 10 years of experience in accounting and taxation. He was also a Controller Associate for 10 years in the Finance Department of ADCO Oil Co., Abu Dhabi, UAE . Dr. Kefela earned his Ph.D. from Breyer State University, Alabama, USA, (courses focused on global operations, business research, multinational management, and international policy and strategy), and holds MBA in Banking and Finance from Columbus University, AL, USA. His primary training, at both the doctoral and graduate levels, was in applied microeconomic theory, and banking and finance covering the informational and agency problems within emerging financial markets in developing countries. Professor Kefela has published a number of articles on core ideas from microeconomic theory related to human development; to assessing and promoting safe and sound banking systems, including the policy, legal and regulatory framework which affect developing countries; and trade with sub-Saharan Africa and its impact on African‘s development as a financing mechanism. His areas of special interest in teaching are: Microeconomics, Banking and Finance, Development Economics, etc. He is an editorial reviewer for several national and international journals. Ghirmai can be reached at Gtesfai@hotmail.com, Gkefela@live.com. |
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