Question

Any three benefits and disadvantages of brain drain

Answer 1

Answer:

A brain drain stimulates education, induces remittance flows, reduces international transaction costs, and generates benefits in source countries from both returnees and the diaspora abroad.

Explanation:

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Answer 2

Answer:

A brain drain stimulates education, induces remittance flows, reduces international transaction costs, and generates benefits in source countries from both returnees and the diaspora abroad.

Explanation:

Problems of Brain Drain are:-

1 ) Less tax revenue from losing income tax.

2) Decline in competitiveness.

3) Loses potential entrepreneurs.

4) It can lead to a shortage of key skilled workers.

5) Reduces confidence in the economy. 6)People aspire to leave rather than stay.

7) Non-economic costs.

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