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Globalizing Talent and Human Capital

Implications for Developing Countries

  • Author: UN, ECLAC
  • Publication date: October 2002
  • Page count: 44
  • Language(s) in this book: English
  • Sales number: 02.II.G.87

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About the product

Human capital flows can take several forms and include the international circulation of scientists, information technology experts, intellectuals, artists and entrepreneurs. The evidence shows that traditional “brain drain”, a permanent and irreversible outflow of human capital, co-exists also with cycles of emigration and return of national talent. This paper deals with several topics related to the international flows of human capital mainly from a perspective of developing countries. It discusses main facts and trends in the international mobility of human capital, assessing the world distribution of science and technology resources, the economic peculiarities of human capital migration, the issue of brain drain and brain circulation, the existence of scientific diasporas and entrepreneurial migration. The paper also discusses the impact of human capital migration on global inequality and national development and highlights policies to induce human capital repatriation and greater sharing by developing countries in the benefits of global knowledge creation.