Exact(3)
Jagdish Bhagwati, an economics professor at Columbia University, wants developing countries everywhere to extend their powers to tax their expatriates, in order to reclaim some of the value created abroad by highly skilled emigrants.
These highly skilled emigrants are now increasingly transforming the brain drain into "brain circulation" by returning home to establish business relationships or start new companies while maintaining their social and professional ties to the US," she writes [PDF].
These highly skilled emigrants are now increasingly transforming the brain drain into "brain circulation" by returning home to establish business relationships or start new companies while maintaining their social and professional ties to the US," she writes [PDF].
Similar(5)
This is because emigration improves the design of goods designed by skilled emigrants but consumed in the sending country.
In this framework, it is likely that international cooperation may influence self-selection of emigrants, by helping reducing transaction costs (e.g. by providing opportunities for the highly skilled to migrate thanks to the attribution of scholarship grants), or even informational costs (e.g. by providing information on the donor countries to both skilled and unskilled natives).
Were they highly skilled?
You're highly skilled.
Lawrence was a highly skilled draftsman.
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