Human capital flight refers to the emigration of highly skilled or well-educated individuals.
Human capital flight phenomena in Europe fall into two distinct trends. The first is an outflow of highly qualified scientists from ‘Western Europe‘ mostly to the United States. The second is a migration of skilled workers from ‘Central‘ and ‘Southeastern Europe‘ into ‘Western Europe’, within the EU. While in some countries the trend may be slowing, certain Southeast European countries such as Italy continue to experience extremely high rates of human capital flight. The European Union has noted a net loss of highly skilled workers and introduced a “blue card” policy – much like the American green card – which “seeks to draw an additional 20 million workers from Asia, Africa and Latin America in the next two decades”.
Although the EU recognizes a need for extensive immigration to mitigate the effects of…
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