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Human capital flight is the emigration or immigration of individuals who have received advanced training at home. The net benefits of human capital flight for the receiving country are sometimes referred to as a " brain gain " whereas the net costs for the sending country are sometimes referred to as a " brain drain ". [1]
Human capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. [ 1 ] Human capital has a substantial impact on individual earnings. [ 2 ]
Capital flight. Capital flight, in economics, occurs when assets or money rapidly flow out of a country, due to an event of economic consequence or as the result of a political event such as regime change or economic globalization. Such events could be an increase in taxes on capital or capital holders or the government of the country ...
The Human Capital Index (HCI) is an annual measurement prepared by the World Bank. [ 1 ] HCI measures which countries are best in mobilizing their human capital, the economic and professional potential of their citizens. The index measures how much capital each country loses through lack of education and health.
Contents. Human capital flight from Nigeria. Brain drain from Nigeria, nicknamed Japa[ 1 ] (meaning run or to flee in Yoruba) is the exodus of middle-class and highly skilled Nigerians which has been occurring in waves since the late 1980s to early 1990s. This trend was initially restricted to certain professions but has now become free for all ...
Rural flight (also known as rural-to-urban migration, rural depopulation, or rural exodus) is the migratory pattern of people from rural areas into urban areas. It is urbanization seen from the rural perspective. In industrializing economies like Britain in the eighteenth century or East Asia in the twentieth century, it can occur following the ...
Computer (occupation) The term " computer ", in use from the early 17th century (the first known written reference dates from 1613), [1] meant "one who computes": a person performing mathematical calculations, before calculators became available. Alan Turing described the "human computer" as someone who is "supposed to be following fixed rules ...
e. Illicit financial flows, in economics, are a form of illegal capital flight that occurs when money is illegally earned, transferred, or spent. This money is intended to disappear from any record in the country of origin, and earnings on the stock of illicit financial flows outside a country generally do not return to the country of origin.