Brain drain is considered a very important problem for many developing countries, including Romania. This paper examines the roots of this phenomenon and shows that much of the current literature is seriously flawed when it comes to interpret the significance of intelligence flight. Our argument is that brain drain represent one side of the common phenomenon of human capital migration and of the even larger – natural – process of factors’ allocation.The harmful consequences of brain drain have their origin not in the actual direction of human capital flows, but in the institutions and the pattern of relationships that govern transactions with human capital.
Bibliography
[1] The Economist, Outward Bound (Special Report Emigration), 28 September 2002.
[2] Florian, R, "Migraţia tinerilor cercetători români", Ad Astra 3(2), 2004
[3] Szedlacsek, S, "Zece căi de a atrage cercetătorii români spre Romania", Ad Astra 3(2), 2004