Description:
Recent changes in information and
communication technologies have contributed to a dramatic
increase in the degree of integration and interdependency of
countries, markets, and people. Against this background, one
aspect of particular concern for small states is the
international movement of people. This paper focuses on this
particularly important aspect of globalization, with
emphasis on the movement of skilled people and its
relationship with country size. In addition to overall
skilled migration, it provides evidence that controls for
migration age in order to distinguish between those educated
in the home country and those educated abroad. The authors
discuss the growth implications of the brain drain from
small countries and policies that may help control it.