# Natalie

    One of the often stated side-effects that globalization brings for the developing world is said to be a so called Brain Drain- International migration of people gifted with a high level of human capital. Since the education has been often cited as a major determinant of long-term economic growth, conventional wisdom has typically argued that depriving developing countries of one of their scarcest resources (human capital), the brain drain is usually seen as a curse for economic development. On the other hand, there is a growing sense among economists that the Brain Drain can not outweigh the positive impacts that the International migration brings including sending back the remittances, encouraging the trade and investment in the home countries and etc.