ECO401 GDB DISCUSSION 15 January 2012

[Vuhelper]

The case:

If we ask from Pakistanis about their future plans, most of them will show their desire to go abroad for their bright future. This is also true that a good number of skilled and qualified Pakistanis have already settled abroad for a better future. This phenomenon is called brain drain or human capital flight. The problem of brain drain is very common in the developing countries. Pakistan is also a worst hit country by brain drain. Skilled and expert persons are migrating to other countries. According to the rough estimates, more than two third of Pakistani people wants to go out of the country. This figure has become unbearable in year 2011 and is a big question mark on the long term growth of Pakistan as “no nation can achieve long term economic growth by exporting its human resources”.



Requirement:

Being a student of economics, logically discuss the impact of this movement of people on Gross Domestic Product (GDP) of Pakistan. In your opinion, what steps should be taken to control the problem of brain drain.