Brain Waste

Let’s quickly check out what is “Brain Waste”? The circumstances in which a highly skilled individual migrant worker end up wit...

Let’s quickly check out what is “Brain Waste”?

The circumstances in which a highly skilled individual migrant worker end up with a position for which the person is overqualified and utilizes the skills in limits is known as Brain waste by the economists of world. The situation occurs because of the tough competition among the highly skilled migrants for a finite number of job positions in the graduate labour market to which many fail to fight and are forced to take up a low profile job that is at par to their skills and qualification. 

The coerce to do a job of low profile that has occurred as effect is due to the cause of the costs that has been incurred for getting education but unfortunately could not draw the benefits from the human capital acquisition. Brain waste has some of the significant consequences that hugely effects the migrants likewise the reduction of incentives in the field of education, chances are faded in case of a positive self selection in high profile jobs, brain waste reduces the possible chances of brain gain from the highly qualified and skilled workforce migrants and also reduces the effects of educational policies that are aimed to promote the human capital acquisition.

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Visit some other related topics –  Diaspora, Brain Gain, Brain Drain in Indian Context, Brain Drain,  Brain Exchange, Brain Gain in Indian Context, Brain Circulation, Indian Diaspora, New Indian Diaspora, Old Indian Diaspora

Reference:

• Pires, A.J.G., (2015). Brain drain and brain waste. Journal of Economic Development, 40(1), p.1.
• The Times of India. (2017). News: India News, Latest Bollywood News, Sports News, Business & Political News, National & International News | Times of India. Available from:http://timesofindia.indiatimes.com [Accessed on 2 Mar. 2017].

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