ANALYSIS OF THE BRAIN DRAIN PHENOMENON AND SOCIO-ECONOMIC IMPACT AT EU LEVEL

Ovidiu Andrei Cristian Buzoianu (), Cosmin Andreica, Carol Cristina Gombos, Anna Kant and Mihai Dinu
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Ovidiu Andrei Cristian Buzoianu: Bucharest University of Economic Studies, Romania
Cosmin Andreica: University of Bucharest, Romania
Carol Cristina Gombos: Bucharest University of Economic Studies
Anna Kant: Valahia University of Targoviste, Romania
Mihai Dinu: Bucharest University of Economic Studies, Romania

Proceedings of Administration and Public Management International Conference, 2021, vol. 17, issue 1, 129-136

Abstract: Today's world economy is strongly influenced by profit-oriented directions and the conquest of sales markets. The competition has become fierce, out of bounds and able to use unethical methods. The desires of rich people have seen an escalation that has affected many countries, transnational corporations or economic blocs. The race for better living conditions or the accumulation of wealth and capital seems to be the main concern of potential financial people and economic conglomerates. It is practically about money, influence, profitable relationships. In this situation that must produce added value, the most unjust are those who work. Nowadays, this phenomenon, called brain-drain, is constantly evolving and has reached impressive proportions. Among the favorable elements are: the trend of globalization, the concentration of capital, the desire to seize markets, the advance of high technologies, the emergence of economic blocs. The expansion of economic systems in any direction has as main support research, innovation, digitization, robotization that leads to increased performance. In this article we want to develop a hypothesis according to this migratory phenomenon brings more and more the contribution of the structural change of the population within some territories.

Keywords: brain-drain; development; economic; migration. (search for similar items in EconPapers)
Date: 2021
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