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Institutional Development; Skill Transference Through a Reversal of “Human Capital Flight” or Technical Assistance


  • International Monetary Fund


We examine the issue of technical assistance versus brain drain repatriation as alternative strategies for transferring scarce skills to a skill-poor economy. Technical assistance relies mainly on expatriate skills and labor from the host country, while brain drain repatriation seeks to effect a return of skills that might have been lost in migration. We show that, even in the simplest setting with imperfect information, a surprisingly rich menu of responses is obtained.

Suggested Citation

  • International Monetary Fund, 1997. "Institutional Development; Skill Transference Through a Reversal of “Human Capital Flight” or Technical Assistance," IMF Working Papers 97/89, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:97/89

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    References listed on IDEAS

    1. Arvind Krishnamurthy & Annette Vissing-Jorgensen, 2007. "The Demand for Treasury Debt," NBER Working Papers 12881, National Bureau of Economic Research, Inc.
    2. Jeremy C. Stein, 2011. "Monetary Policy as Financial-Stability Regulation," NBER Working Papers 16883, National Bureau of Economic Research, Inc.
    3. Perry Mehrling, 2010. "The New Lombard Street: How the Fed Became the Dealer of Last Resort," Economics Books, Princeton University Press, edition 1, number 9298, June.
    4. Ricardo J. Caballero, 2010. "The "Other" Imbalance and the Financial Crisis," NBER Working Papers 15636, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Alice Sindzingre, 2003. "Liberalisation, Multilateral Institutions and Public Policies : The Issue of Sovereignty In Sub-Saharan Africa," Mondes en développement, De Boeck Université, vol. 123(3), pages 23-56.
    2. Nunberg, Barbara & Taliercio, Robert R., 2012. "Sabotaging Civil Service Reform in Aid-Dependent Countries: Are Donors to Blame?," World Development, Elsevier, vol. 40(10), pages 1970-1981.


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