Brain Drain
Brain drainis a slang term for a significant emigration of educated
or talented individuals. A brain drain can result from turmoil within a nation,
from there being better professional opportunities in other countries or from
people seeking a better standard of living.
Brain drains cause countries to lose valuable
professionals. The term is usually used to describe the departure of doctors,
scientists, engineers or financial professionals. When these people leave,
their country is harmed in two ways. First, expertise is lost with each
emigrant, diminishing the supply of that profession. Second, the country's
economy is harmed as each professional represents surplus spending units.
Professionals often earn large salaries, so their departure removes significant
consumer spending from the country.
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