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Anna35 [415]
2 years ago
11

What is the Brain Drain Phenomenon and how does it impact developed and developing nations?.

Business
1 answer:
77julia77 [94]2 years ago
8 0

Brain drain is the emigration of people who are favorably proficient or competent in their domain of study.

<h3>What is the brain drain phenomenon?</h3>

Brain drain is defined as the emigration of people who are positively experienced or trained in their occupation of investigation.

The avoidance of these groups of experienced professionals may be due to adequate living situations or higher salary.  

The effects of Brain drain on producing countries are countless, but it is better on the opposing side.

The phenomenon has generated a baneful influence on developing countries, mainly in Africa.

As these qualified individuals travel to developed countries, they become more affluent and the developing countries become more deficient.

In emerging countries, this has resulted in a lack of innovation and industrial progress, as well as economic instability, which leads to unemployment, political instability, a loss of education investment, tax income, and a shortage of trained personnel.

Therefore, the brain drain phenomenon impacted the economy in a very negative way.

Learn more about the brain drain, refer to:

brainly.com/question/957815

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Answer:

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