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Global talent flows

Author

Listed:
  • Kerr,Sari Pekkala
  • Kerr,William Robert
  • Ozden,Caglar
  • Parsons,Christopher Robert
  • Kerr,Sari Pekkala
  • Kerr,William Robert
  • Ozden,Caglar
  • Parsons,Christopher Robert

Abstract

The global distribution of talent is highly skewed and the resources available to countries to develop and utilize their best and brightest vary substantially. The migration of skilled workers across countries tilts the deck even further. Using newly available data, the paper first reviews the landscape of global talent mobility, which is both asymmetric and rising in importance. Next, the determinants of global talent flows at the individual and firm levels are presented and some important implications are sketched. Third, the national gatekeepers for skilled migration and broad differences in approaches used to select migrants for admission are reviewed. Looking forward, the capacity of people, firms, and countries to successfully navigate this tangled web of global talent will be critical to their success.

Suggested Citation

  • Kerr,Sari Pekkala & Kerr,William Robert & Ozden,Caglar & Parsons,Christopher Robert & Kerr,Sari Pekkala & Kerr,William Robert & Ozden,Caglar & Parsons,Christopher Robert, 2016. "Global talent flows," Policy Research Working Paper Series 7852, The World Bank.
    • Handle: RePEc:wbk:wbrwps:7852
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    More about this item

    Keywords

    Human Migrations&Resettlements; International Migration; Skills Development and Labor Force Training; Labor Markets; Rural Labor Markets; Educational Sciences; Migration and Development;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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