GlobalConsilium

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For decades, countries in Africa, Latin America, Eastern Europe or countries like China, India or South Korea have witnessed how their economies miss out on the skills of their valuable human capital that lives abroad. The brain drain phenomenon has been around for decades, in a few words it means the migration of highly skilled, trained or educated individuals from one country to another. Unsurprisingly, the predominant pattern of brain drain is characterized by the migration from less developed to more developed countries.

Usually, human capital flight or brain drain is a byproduct of several factors like economics, politics, or security. While some individuals willingly leave their countries in pursuit of better economic or professional prospects, others flee their countries of origin as a consequence of turmoil, political instability or insecurity.

According to data from the International Monetary Fund (IMF), Iran has been one of the countries most affected by the brain drain…

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