Artikel

Policy Repercussions of "The New Economics of the Brain Drain"

In this paper I delineate novel policy repercussions suggested by my research on “The New Economics of the Brain Drain”. In section 1, I provide a succinct account of the model that inspires the derivation of several new policy implications. In sections 2 through 5, I present the policy implications. I address the following questions: When and how can migration to a country substitute for educational subsidies in that country? Who should be admitted when the receiving country cares about the wellbeing of the unskilled workers who stay behind in the sending country? How and why the incentives to form human capital in the sending country will have a paradoxical effect on the migration policy of the receiving country? How and why will the level of a separating tax imposed by the destination country be reduced by the human capital formation calculus in the sending country? I conclude that the policy implications delineated in the paper illustrate the power and appeal of “The New Economics of the Brain Drain” as a framework for rethinking the formation of sound policy responses to migration.

Sprache
Englisch

Erschienen in
Journal: Ekonomista ; ISSN: 2299-6184 ; Year: 2010 ; Issue: 6 ; Pages: 831-840 ; Warsaw: Polish Academy of Sciences – Committee of Economic Sciences

Klassifikation
Wirtschaft
Microeconomic Policy: Formulation, Implementation, and Evaluation
International Migration
Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes
Geographic Labor Mobility; Immigrant Workers
Mobility, Unemployment, and Vacancies: Public Policy
Macroeconomic Analyses of Economic Development
Microeconomic Analyses of Economic Development
Economic Development: Human Resources; Human Development; Income Distribution; Migration
Development Planning and Policy: Trade Policy; Factor Movement; Foreign Exchange Policy
Thema
The New Economics of the Brain Drain
Policy formation

Ereignis
Geistige Schöpfung
(wer)
Stark, Oded
Ereignis
Veröffentlichung
(wer)
Polish Academy of Sciences – Committee of Economic Sciences
(wo)
Warsaw
(wann)
2010

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Stark, Oded
  • Polish Academy of Sciences – Committee of Economic Sciences

Entstanden

  • 2010

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