Fighting Brain Drain: The Ecuadorian Scholarship

Alice Sanna

Athens Journal of Business & Economics, 2022, vol. 8, issue 3, 261-276

Abstract: In 2007, the Republic of Ecuador introduced a new scholarship program for financing Ecuadorian students intending to study abroad. This program still exists and stipulates a compulsory return to the students’ home country after completing their studies abroad. Statistical data shows a return rate of about 90%, which is somewhat surprising at first glance. This paper aims to introduce the Ecuadorian scholarship program as a case study in the literature of financing systems of students’ mobility in higher education, while attempting to give a first analysis of its mechanism design.

Keywords: brain drain; financing systems of students’ mobility; higher education; students’ mobility; developing countries (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ate:journl:ajbev8i3-4

DOI: 10.30958/ajbe.8-3-4

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