1.

Record Nr.

UNINA9910788700903321

Autore

Mishra Prachi

Titolo

Emigration and Brain Drain : : Evidence From the Caribbean / / Prachi Mishra

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-5284-7

1-4527-9152-X

1-283-51705-1

9786613829504

1-4519-0821-0

Descrizione fisica

1 online resource (39 p.)

Collana

IMF Working Papers

Soggetti

Brain drain

Emigration and immigration

Exports and Imports

Labor

Emigration and Immigration

International Migration

Labor Force and Employment, Size, and Structure

Education: General

Remittances

Professional Labor Markets

Occupational Licensing

Migration, immigration & emigration

Labour

income economics

Education

International economics

Migration

Labor force

Skilled labor

Labor market

International finance

United States

Lingua di pubblicazione

Inglese



Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"January 2006".

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. THEORY""; ""III. DATA AND EVIDENCE""; ""IV. RESULTS""; ""V. CONCLUSIONS""; ""REFERENCES""

Sommario/riassunto

This paper quantifies the magnitude and nature of migration flows from the Caribbean and estimates their costs and benefits. The Caribbean countries have lost 10-40 percent of their labor force due to emigration to OECD member countries. The migration rates are particularly striking for the highskilled. Many countries have lost more than 70 percent of their labor force with more than 12 years of completed schooling-among the highest emigration rates in the world. The region is also the world's largest recipient of remittances as a percent of GDP. Remittances constituted about 13 percent of the region's GDP in 2002. Simple welfare calculations suggest that the losses due to high-skill migration (ceteris paribus) outweigh the official remittances to the Caribbean region. The results suggest that there is indeed some evidence for brain drain from the Caribbean.