Human Capital Flight – Romania’s Case Cover Image

Human Capital Flight – Romania’s Case
Human Capital Flight – Romania’s Case

Author(s): Magdalena Velciu
Subject(s): National Economy, Labor relations, Migration Studies, Human Resources in Economy
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Human capital flight; Brain drain; Labour migration;

Summary/Abstract: Knowledge, qualifications of workforce and human capital became key factors for progress. Human capital flight transfers not only people but work, knowledge, tangible and intangible capital and development potential. In this article, trying to answer whether Romania is a source country for emigration of highly skilled or well-educated individuals (ie human capital flight) I flew over those two dimensions that have traditionally characterized human capital flight namely: shrinking work resource and lossing high educated peoples. Therefore, Romania was faced with decreasing the number of resident population due to the evolution of demographic phenomena with negative projections and declining number of working age population and young educated and highly skilled workers and professionals. This will generate complex problems for economy, labour market, difficulty in finding highly skilled workers, talent shortages etc so it’s critical to monitor the labour migration or brain drain phenomenon.

  • Issue Year: IV/2016
  • Issue No: 12
  • Page Range: 573-579
  • Page Count: 7
  • Language: English