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Brain Drain In The Globalization Era: The Case Of Romania

Author

Listed:
  • MARIANA BALAN

    (INSTITUTE FOR ECONOMIC FORECASTING-NIER, ROMANIAN ACADEMY)

  • COSMIN OLTEANU

    (FACULTY OF ADMINISTRATION AND BUSINESS, UNIVERSITY OF BUCHAREST)

Abstract

Migration is an old phenomenon in the history of human kind. However, the magnitude, complexity, and structure of migration flows in the global era are all unprecedented. According to the United Nations Report “Trends in International Migrant Stock: the 2015 Revision” at world level 244 million international migrants were recorded in 2015. With the increase in the number of migrants, the emigration of ‘high-skilled’ individuals is also growing. OECD and United Nation Statistics show that in the last decade the number of migrants with tertiary education increased by about 70%. Brain drain is also a well-known phenomenon. Highly educated individuals and scientists have travelled the world in all centuries in search of better study and research, and working conditions, and of new opportunities. Nowadays, in the era of globalisation and, implicitly, of swifter development of international markets, the emigration rate of high-skilled experts exceeds the total emigration rate, which shows the selectiveness of migration at educational level. The paper presents a brief analysis of the interdepen dencies between migration and globalisation and of the effects of globalisation on the migration of high-skilled individuals. The trends, structure, and volume of high-skilled labour force from Romania are analysed along with the effects generated by them.

Suggested Citation

  • Mariana Balan & Cosmin Olteanu, 2017. "Brain Drain In The Globalization Era: The Case Of Romania," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 26-35, June.
    • Handle: RePEc:cbu:jrnlec:y:2017:v:3:p:26-35
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    References listed on IDEAS

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    Cited by:

    1. Vasile Gherheș & Gabriel-Mugurel Dragomir & Mariana Cernicova-Buca, 2020. "Migration Intentions of Romanian Engineering Students," Sustainability, MDPI, vol. 12(12), pages 1-31, June.
    2. Abolfazl Shahabadi & Marzieh Salehi & Seyed Ehsan Hosseinidoust, 2020. "The Impact of Competitiveness on Brain Drain, GMM Panel Approach," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(2), pages 558-573, June.
    3. Adetola Akinto, 2021. "Critical review of the use of financial incentives in solving health professionals' brain drain," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(4), pages 446-454, June.
    4. George-Cristian GAVRILOAIA, 2021. "The impact of the brain drain process on Romania - possible solutions in order to increase resilience," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 12(4), pages 267-281, February.

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