Brain drain amounted to 223,000 peo­ple in 2008-2013

Kathimerini English - - Front Page -

A spe­cial study by the Bank of Greece yes­ter­day showed that 223,000 young peo­ple left the coun­try from 2008 to 2013 in search of a bet­ter fu­ture abroad, con­sti­tut­ing the so-called “brain drain.”

The re­sults of re­cent re­search point to the vast ma­jor­ity of peo­ple aged be­tween 25 and 39 years who left the coun­try in the first five years of the Greek re­ces­sion be­ing sin­gle and with a univer­sity de­gree. The young Greeks left not only due to un­em­ploy­ment and ad­verse eco­nomic con­di­tions but also be­cause of state’s fail­ure to pro­vide and gen­er­ate op­por­tu­ni­ties for pro­fes­sional evo­lu­tion.

The Bank of Greece study re­vealed that the mo­men­tum and mag­ni­tude of the phe­nom­e­non makes it es­sen­tial to record its char­ac­ter­is­tics and to in­ves­ti­gate the fac­tors that are in play be­fore an­a­lyz­ing the neg­a­tive con­se­quences for the lo­cal economy.

The main char­ac­ter­is­tic iden­ti­fied is that it mainly con­cerns the sec­tion of the work­force that is healthy, ed­u­cated and spe­cial­ized, and has high mo­bil­ity and em­ploy­a­bil­ity rate.

The cen­tral bank also at­trib­uted the growth of the brain drain to the fail­ure of the lo­cal ed­u­ca­tion sys­tem to pro­duce high-qual­ity hu­man cap­i­tal and to the in­abil­ity of the do­mes­tic economy to hold on to and at­tract tal­ented work­ers.

Newspapers in English

Newspapers from Greece

© PressReader. All rights reserved.