In December 2011, Robert Guest (business editor for the Economist) described the general case
"in praise of brain drain" (i.e., the "transfer of intellectual capital" due to skilled worker migration from poor countries to rich ones), pointing out that, under normal conditions, the transaction benefited poor countries by:
- Motivating their citizens (the majority of which would not be able to emigrate) to acquire "marketable skills;"
- Creating uniquely-stable financing through remittance flows (money earned in rich countries and sent back home to poor families, which is more than double the foreign aid their allegedly "corrupt" governments receive); and
- Opening channels of commerce (through diaspora networks).
Guest (an economist) failed to mention some easily-overlooked political benefits of so-called brain drain--e.g., releasing key young labor surplus (thus reducing the chances of social unrest). Most poor countries have very young populations in demographic ascent. (A 200% increase is expected in Africa, and around 40% increase expected in Asia, Latin America and the Caribbean, in the 20-64 age group, by 2050.) For poor countries, where those populations are likely to be unemployed and there is currently too little capital for entrepreneurship, exporting even a skilled labor surplus might well increase political stability.