‘Brain drain’ is particularly acute in sub-Saharan Africa, IMF says
IMF report that growth has fallen in sub-Sahara’s powerhouse economies due to lower commodity prices
SKILLED workers are leaving sub-Saharan Africa in rapidly increasingly numbers, producing a "brain drain" that causes long-term social damage, the International Monetary Fund (IMF) warned Tuesday.The IMF said the number of sub-Saharan migrants living in developed countries could increase from about 7-million in 2013 to about 34-million by 2050.It described a "profound demographic transition" under way in the region as the working-age population grows faster than the total population — driving a migration boom."Brain drain is particularly acute in sub-Saharan Africa," the IMF said in its latest report said, noting that it created "welfare losses beyond those that are purely economic"."The migration of young and educated workers takes a large toll on a region whose human capital is already scarce," it said."The migration of highly skilled workers entails a high social cost, as is evidenced by the departure of doctors and nurses from Malawi and Zimbabwe."The IMF said migration from sub...
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