ArmInfo.In Europe and Central Asia, demographic trends are worsening, in addition to all, the number of able-bodied people is declining, which further exacerbates the problem. The latest World Bank Economic Update for Europe and Central Asia evidences this. (Migration and Brain Drain. World Bank Europe and Central Asia Economic Update).
The report examines migration trends and gives an idea of both countries of destination and countries of origin. The report also indicates concern about the "brain drain" of skilled labor from countries of origin, as people with higher levels of education are more likely to migrate throughout the region.
"Statistics show that 55% of people with higher education from Bosnia and Herzegovina live abroad, and this figure is more than 40% for the educated population of Armenia and Latvia, and almost 40% for Albania, Moldova, Northern Macedonia, the Kyrgyz Republic, Kazakhstan, Romania and Tajikistan, "the report says, while pointing out that these are more likely symptoms of the problem, rather than their cause.
However, the reporting experts are convinced that improving governance and strengthening institutions in countries of origin is a long-term policy that can address the root causes of continued emigration. World Bank experts believe that promoting the private sector and stimulating job creation, investing in higher education and empowering women in the economy will eliminate the causes of the outflow of the population, especially the highly skilled.