GUEST POST: High skills premia make African firms less competitive and mean that African governments will struggle to hold on to their most skilled employees
A brain drain seems inevitable, given work by Michael Clements cited in The Time Travelling Economist. But most of those getting educated will stay. And those who leave will send back remittances. Not all bad
It's not inevitable, however, many of the countries in sub Saharan Africa are in the middle income trap and cannot aspire less inequality without policies that put growth before inequality.
A brain drain seems inevitable, given work by Michael Clements cited in The Time Travelling Economist. But most of those getting educated will stay. And those who leave will send back remittances. Not all bad
It's not inevitable, however, many of the countries in sub Saharan Africa are in the middle income trap and cannot aspire less inequality without policies that put growth before inequality.