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Migration and Brain Drain (English)

Global growth continued to dampen in 2019, amid heightened policy uncertainty and deceleration of global investment and trade. Growth in the emerging and developing countries of Europe and Central Asia (ECA) is expected to slow to 1.8 percent in 2019 (down from 3.2 percent in 2018), a four-year low. This update summarizes the recent developments and outlook for the region. It also focuses on labor mobility, which can mitigate demographic trends and produce significant growth and poverty reduction benefits for the region.

Details

  • Document Date

    2019/09/01

  • Document Type

    Publication

  • Report Number

    142503

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Europe and Central Asia,

  • Region

    Europe and Central Asia,

  • Disclosure Date

    2019/10/10

  • Disclosure Status

    Disclosed

  • Doc Name

    Migration and Brain Drain

  • Keywords

    demand for low-skilled workers; Poverty and Equity; Poverty & Inequality; migrant-sending country; Eurasian Economic Community; life expectancy at birth; state-owned enterprise; Adaptation to Climate Change; real effective exchange rate; information and communication technology; high rate of emigration; know how; better access to market; demand for health care; small and medium size enterprise; Public and Publicly Guaranteed; protection property right; pension and social assistance; long-run wage; annual per capita income; rent-seeking activity; politics of government ownership; quality of higher education; emigration of skilled labor; low levels of education; Commonwealth of Independent States; demand-driven policy; crude oil price fall; quality of service delivery; female labor force participation; victims of human trafficking; access to capital market; resilience to climate change; support victim; free movement of people; strategic allocation of resources; volatility in commodity prices; Labor Market; destination country; foreign direct investment; former soviet republics; benefits of migration; million people; current account deficit; climate change risk; number of migrants; control of corruption; natural gas production; global economic prospect; national poverty rate; labor market impact; local labor market; change in population; human capital investment; trade and investment; access to finance; labor market demand; Access to Education; terms of trade; share of work; education and health; number of immigrants; standard of living; European Economic Area; share of labor; impact of immigration; data on migration; number of refugees; years of schooling; free labor mobility; degree of concentration; total migrant stock; global risk; impact of migration; land use planning; labor market outcome; industrial production growth; share of children; inflow of migrants; global economic outlook; Promoting Private Sector; distribution of wage; cost of migration; labor market characteristic; employment in agriculture; labor market condition; temporary work permit; change in rainfall; former soviet union; impact of refugees; sustainable development goals; social protection policy; corruption perception index; global food security; trafficking in persons; vulnerability to poverty; social assistance program; bureaucrats in business; design of policy; average inflation rate; informal labor market; social protection system; raise revenues; form of corruption; losses from migration; new insolvency law; Capital Adequacy Ratio; global financial crisis; petroleum exporting country; international energy agency; energy information administration; export-led growth; stock market index; high poverty rate; reduction in poverty; classification of country; commodity price forecast; increasing tax revenue; education of child; opportunity for woman; education child; regional environmental change; barrels per day; Labor Market Mobility; types of traffic; negative interest rate; annual economic growth; country of origin; deceleration in growth; types of migration; current account balance; private sector borrowing; distribution of immigrants; global value chain; exports of minerals; social security contribution; urban agricultural policy; sea level rise; temporary migration program; grain production; Trade and Transport; coastal management policies; trade and transportation; open currency position; foreign exchange risk; market interest rate; complicated tax system; personal income tax; Social Safety Nets; current account surplus; labor market need; volume of trade; temporary labor shortage; national income account; balance of payment; direct tax rate; Innovation and Productivity; migrant integration policy; corruption and growth; consumer price index; humanitarian assistance program; academy of science; Rule of Law; stock of migrant; tariff on import; tariff import; global economic landscape; rapid technological progress; centers of excellence

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Citation

Migration and Brain Drain (English). Europe and Central Asia Economic Update Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/657051570692065211/World-Bank-ECA-Economic-Update-Fall-2019