This book provides an analysis of theoretical and empirical researches on the effects of remittances and brain drain on the development of less developed countries (LDCs). It analyzes the most recent global, regional and national data as well as the arguments for and against the emigration of highly skilled personnel and remittances, thereby highlighting policies aimed at optimizing the link between migration and development. The book examines in depth the arguments against "brain drain", namely the loss of skilled labor, wasted public investment in higher education, and reduced tax revenues. It also presents the arguments in favor, emphasizing on the transfer of scientific knowledge, the incentive effect of increased education spending, and participation in international networks. It addresses the central issue of emigration of medical personnel from developing countries and its consequences on the population.The book focuses on the effects of remittances on poverty and inequalities. They improve health conditions, raise education levels and empower women. Positive effects include the stabilizing function of remittances and the improvement of external accounts. Other effects are subject to conflicting assessments such as the reduction of labor supply and the "Dutch disease". The focus is on institutions who integrate economic, social and political incentives in order to establish remittances at the heart of development policies.The book provides a reference for students and research centers devoted to development economics, centers for international migration studies, and research units focusing on population, migration, and development.

Part II examines the consequences of brain drain for the sending countries.

"Brain Drain Migration Economy" is an insightful book authored by Dr. B. Venkat, focusing on the complex phenomenon of brain drain and its multifaceted impact on the global economy. Dr. Venkat meticulously explores how the migration of skilled professionals from developing to developed countries affects both the source and destination nations. This book is an essential read for policymakers, economists, educators, and anyone interested in understanding the intricate relationship between migration and economic development.

People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and private sector organizations, and some developing country governments. These tensions are commonly attributed to longstanding disagreements over such issues as labor rights, environmental standards, and tariff-cutting rules. In addition, developing countries are increasingly resentful of the burdens of adjustment placed on them that they argue are not matched by commensurate commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices. Baldwin, Winters, and the contributors to this volume look at multinational firms, foreign investment, and mergers and acquisitions and present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low wage labor. The book closes with papers on financial opening and on the relationship between international economic policies and national economic growth rates.

International migration, the movement of people across international boundaries, has enormous economic, social and cultural implications in both origin and destination countries. Using original research, this title examines the determinants of migration, the impact of remittances and migration on poverty, welfare, and investment decisions, and the consequences of brain drain, brain gain, and brain waste.

What happens to the health care system in Malawi when a large portion of Malawian physicians immigrate to Britain? Does the migration of highly skilled professionals from developing and underdeveloped countries to developed countries harm or hurt their country of origin?In Emigration, Brain Drain, and Development: The Case of Sub-Saharan Africa, Arno Tanner questions the emerging literature that stresses the positive aspects of labor migration. He finds that while emigration certainly cannot be stopped, and may be beneficial in some cases, unhindered high-skilled emigration —particularly in the case of sub-Saharan Africa —can have disastrous consequences. In examining the cases of Malawi, Tanzania, and Zimbabwe, Tanner finds striking trends. For instance, the outflow of physicians from Malawi may severely hurt AIDS prevention. Furthermore, sub-Saharan Africans tend not to return; remittances are erratic, have dwindled over time, and do not offset the costs of emigration. Tanner recommends specific policies where carefully targeted development measures could be used to mitigate the negative consequences of brain drain.