Do More With Reuters
Partner Services

Brain drain from poorer countries not so big - OECD

Wed Feb 20, 2008 3:01pm IST
 
Email | Print | | Single Page
[-] Text [+]

PARIS (Reuters) - The belief that rich countries are draining poorer ones of their best-qualified people is largely unfounded, the Organisation for Economic Co-operation and Development said in a report published on Wednesday.

The OECD, whose 30 members are wealthy and industrialised in the majority, said the exodus from the developing to developed world was notable in the case of some smaller African and Caribbean countries but remained low elsewhere.

"There is no generalised brain drain from the developing countries to the OECD," the Paris-based organisation said in the report, titled "A Profile of Immigrant Populations in the 21st Century".

"The emigration rate of people holding a tertiary degree is generally low in most large countries," the OECD said, reporting it at less than five percent in Brazil, Indonesia, Bangladesh, India and China.

Exceptions, where 40 to 80 percent of those with third-level qualifications quit their home country, included many small economies and often island ones, such as Fiji, Mauritius, Jamaica, Haiti and Trinidad and Tobago, the OECD said.

While the brain drain towards developed countries was not as big as some might have believed, the OECD said there were particular problems in the healthcare sector, but that conclusive data was still proving hard to come by.

India was the chief supplier of doctors to the wealthy world while the main source of nurses was the Philippines.

"With regards to doctors, China and the former USSR play a striking role, with more than 10,000 doctors working in the OECD," the report said.

Dubai Debt Fears

Villas are seen on the The Palm, Jumeirah, with Atlantis, The Palm, under construction on the breakwater (crescent), May 3, 2008.  REUTERS/Jumana El Heloueh

Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets.  Full Article | Slideshow 

India Investment Summit 2009
India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India.  Full Coverage 

People stroll outside the Taj Mahal hotel ahead of the first anniversary of the militant attacks in Mumbai, November 24, 2009.  REUTERS/Punit Paranjpe
Investors worry about another attack

The risk of militants striking again worries investors who fear that a second attack similar to last year's Mumbai raids could shake the economy.  Full Article | Full Coverage 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

road to Copenhagen

BLOGS

Photo
Calculated Move

Reliance aims big with $12 bln bid for LyondellBasell.  Blog 

SHOWCASE

Capital Raising
Capital Raising

Analysis - China banks' rush for billions could trip markets.  Full Article 

 
Photo
Bonus Payout

"Bonus" has become a dirty word on Wall Street.  Full Article 

 
Bubble trouble?
Bubble trouble?

With the BSE Sensex at around 17,000 points, are the Indian equity markets looking at a possible bubble?   Commentary 

 
Funding Blues
Funding Blues

A popular tactic used by Indian brokerages to raise money for rich clients is likely to be banned.  Full Article 

 
Recovery Path
Recovery Path

Indian techie logging out of downturn gloom.  Full Article 

 
Central Banks Cautious
Central Banks Cautious

Reuters tracks the policies of the world's top central banks as the debate over global economic recovery rages on.   Full Coverage 

 
Risky Proposal
Risky Proposal

Rupert Murdoch courts trouble if he blocks Google on news.  Full Article