Resilience and Mobility
Brain drain is a present-day reality. In recent years, favourable immigration policy reforms in developed countries has proved true as a magnet for global talent. In Nigeria, the rising rate of skilled-migration among the youth and middle-class is termed the #japa movement.
For many skilled workers in developing countries, international migration is perceived to be a veritable pathway to human capital development, wider work opportunities, social protection, soul peace, and a steady rise in living standards. Moreover, emerging tales of quantum leaps in migrants' wellbeing heap up demonstration effects that stimulate bandwagon effects in domestic communities.
Are you are a resident, citizen, or keen observer of any developing country in Africa, stifled by rising inflation rates and inequality of opportunities? If yes, to which of the following countries or regions have your skilled acquaintances, work colleagues, neighbours, or family members migrated temporarily or permanently in recent years?
A. Sub-Saharan Africa
B. Elsewhere in Asia
C. Australasia
D. Canada
E. China
F. Elsewhere in Europe
G. Latin America and Caribbean
H. Middle East and MENA
I. Nordic
J. UAE
K. United Kingdom
L. USA
M. Other, please specify
Thank you in advance for your overt or covert response!
In the short to medium term, developing countries can accumulate steady financial inflows from these migrant destinations, in the form of remittances, transfers, portfolio investments and diaspora tourism receipts.
As value chains become more integrated across borders, policy mechanisms that frustrate the free flow of remittances and legitimate international payments for goods and services are drawbacks on development.
Frankly, development and macroeconomic management has been more challenging for policymakers in developing countries since COVID-19 and the Russian-Ukraine invasion.
Nonetheless, we must commit and continue to build safe, resilient, stable, and sustainable economies for the good of all.
Yes we can!
#Middleclass #Socialmobility #Healthcare #Skilledmigration #Policy #Education #Partnerships #SDGs #Policy #Resilience #Humancapital #Education #Research #Inflation #Braindrain #Opportunities #Remittances #Assets #Wellbeing #Sustainabledevelopment #Developmentmanagement #Climateresilience #SDGs #Programmemanagement #Paymentsystems #Crisismanagement #Possibilities
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