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Talent Abroad Promoting Growth and Institutional Development at Home : Skilled Diaspora as Part of the Country

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2010-12
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2012-08-13
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As developing countries embark on the policy agenda of innovation-based growth, they face on acute shortage of competent individual who know the country well, but who are not part of the 'status qua' and there for have no vested interests other then the best possible country outcome. Paradoxically, the search for these individuals often leads to the country's talent abroad its skilled diaspora. The best and brightest, who are crucial for innovation, have often left the country in search of better opportunities. The usual policy focus encourage return of talent to the home country is often neither realistic nor necessary: members of skilled diasporas can just as effectively engage in joint continuous projects with the home country without permanently relocating to it: a phenomenon called 'brain circulation.'
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Kuznetsov, Yevgeny. 2010. Talent Abroad Promoting Growth and Institutional Development at Home : Skilled Diaspora as Part of the Country. Economic Premise; No. 44. © World Bank. http://hdl.handle.net/10986/10117 License: CC BY 3.0 IGO.
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