write an article on brain drain
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Answer:
The term ‘Brain Drain’ was first used by the United Kingdom in 1960 when the skilled workforce started emigrating from the developing or under-developed countries to the developed countries (first world countries). It refers to the situation when highly qualified and trained people leave his/her own country to permanently settle down in other developed countries. It is also known as human capital flight. With the beginning of globalization, ideas, opinions, skills in the form of labor started being exchanged between the nations.
This concept of Brain Drain is a matter of serious concern for any nation because it takes off individuals from their homeland to other foreign land. Often people go abroad to pursue higher education and settle there because of better work and attractive pay packages. Talented, skilled and experienced professionals migrate to other countries for better career prospects. They get attracted by better standards of living and quality of life, higher salaries, access to advanced technology and more stable political conditions in the developed countries which lead to migration from less developed countries.
The factors for the rise of Brain Drain are also called Push and Pull factors. The Push factors are the factors connected to the country of origin and Pull factors are the factors connected with the country of destination.
Answer:
Explanation:
Migration of a significant number of educated and talented people from a country is referred to as Brain Drain. It occurs because of better job prospects in other countries as compared to one’s own country. Besides, brain drain may even occur at industrial or organizational levels when there is mass exodus from a company or industry as the other offers a better pay and other benefits. Brain Drain is a loss for the country, organization and industry as it takes away the most talented individuals of the lot.
The term, brain drain is often used to describe the emigration of scientists, doctors, engineers and other high profile professionals such as those in the banking and finance sector. Their emigration has a negative impact on their places of origin. In case of geographic brain drain, in addition to the loss of expertise, the consumer spending in the country also suffers immense loss. Hence, it can be a major loss for the country’s economy.
While the geographic brain drain occurs due to better financial prospects and standard of living in other countries, organizational brain drain may be caused due to various reasons including poor leadership, unreasonable work pressure, low salary package and lack of professional growth.