Monday July 22, 2024

Brain drain

By News Desk
July 11, 2024
Brain drain

Driven by political instability, a lack of economic opportunities, and social factors, brain drain cripples economic growth, decreases innovation and competitiveness, and leads to a significant loss of intellectual capital, which hinders overall development and progress. Reportedly, Pakistan witnessed an 80,0000-person exodus of highly skilled professionals last year. On the other hand, destination countries substantially benefit from the exodus of highly skilled professionals, enjoying enhanced competitiveness, economic growth, and technical and innovative development. Therefore, it is high time for developing countries to mitigate the effects of brain drain by implementing pragmatic strategies to retain and attract talent. By addressing brain drain, the world can promote equitable development and harness the potential of global talent.

Nasrullah Khadim