International migration of skilled labor: human capital formation challenges from the perspective of countries of origin; by Florencia Barindelli

The purpose of this paper is to examine how different theories have historically explained the causes and consequences of skilled international migration (SIM) and to contrast them in light of recent empirical data. Given the relevance that human capital formation has for economic growth and the new concrete forms of SIM, the concept of “brain drain” is subject of academic reconsideration and political dispute. Current empirical data allows us to explore the loss of human capital that skilled emigration has caused to the developing world and provides a robust technical and political justification for policy interventions.

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