THE PHILIPPINES is in a tier of countries affected by brain drain but remains somewhat attractive to expatriate workers, international business school IMD said, citing the results of a study.
It said the worst cases of brain drain are to be found in Croatia, Greece, Bulgaria and Brazil.
In the same tier as the Philippines are Mexico, China and India, which IMD characterized as having “somewhat high levels of brain drain but… able to remain relatively attractive to expat professionals.”
The top tiers consist of Norway, the Netherlands, Canada and Singapore in one group, and Iceland, Finland and the Czech Republic, where brain drain is low while attractiveness to expatriates is high.
The study, conducted by IMD professors Shlomo Ben-Hur and Arturo Bris with Jose Caballero, found that the key drivers for countries enjoying talent advantages include legislation that promotes scientific research, liberal immigration laws, and political stability.
It also cited the agility and adaptability of companies to market changes, and the inclusiveness of their cultures, which makes them attractive to foreign talent.
The quality of a country’s education system, health care system, and pay levels were also cited as factors.
