Skilled workers leaving sub-Saharan Africa – IMF
October 4, 2016 Skilled workers are leaving sub-Saharan Africa in rapidly increasingly numbers, producing a “brain drain” that causes long-term social damage, the International Monetary Fund warned Tuesday. The IMF said that the number of sub-Saharan migrants living in developed countries could increase from about seven million in 2013 to about 34 million by 2050. It described a “profound demographic transition” underway in the region as the working-age population grows faster than the total population — driving a migration boom. “Brain drain is particularly acute in sub-Saharan Africa,” the IMF’s latest report said, noting that it creates “welfare losses beyond those that are purely economic”. “The migration of young and educated workers takes a large toll on a region whose human capital is already scarce,” it said. “The migration of highly skilled workers entails a high social cost, as is evidenced by the departure of doc...