This paper synthesizes and extends recent research on "The New Economics of the Brain Drain". In a unified framework, the paper shows that while recently identified adverse repercussions of the brain drain exacerbate the long-recognized negative impact of the brain drain, longer-term consequences turn the brain drain into the harbinger of powerful gains. These gains have been studied already in recent research, or merit attention in future research.
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|Published - 1 Apr 2007