Responding to the Impact of the Global Crisis on brain Drain: The European Perspective

The paper is focused on exploring, from the european perspective, the possible reactions to the impact of the global crisis on brain drain. The policy responses to an accelerated brain drain process can be analyzed at three levels: countries of origin, countries of destination and EU level. For sending countries, actions to reduce the detrimental effect of brain drain could be: encouraging the return of the expatriates, stimulation of the internal demand of human capital, monitoring of public spending on human capital(education and health). For destinations countries the main challenges are related to cover the economic and labour market needs with immigrate highly skilled wokers and to attract and retain foreign researchers in order to face to the global competition. At the european community level, immigration is a significant component of any strategy to boost economic growth and competitiveness.