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Demographics, Migration and Brain Drain in The Danube Region

Author

Listed:
  • Savić Mirko

    (University of Novi Sad, Faculty of Economics Subotica, Serbia)

  • Dakić Stojanka

    (University of Novi Sad, Faculty of Economics Subotica, Serbia)

Abstract

In the last two decades we have been witnessing the decrease of population in many countries of the Danube Region. All demographic indicators are unfavourable. Current demographic situation and labour market in the countries of the Danube Region is presented. The purpose of this paper is to evaluate the effects of demographic decline in the countries of the Danube Region on the key labour market variables and to model their behaviour. Also, the purpose of this paper is to analyse and discuss the possible consequences of demographic decline and the roles of migration and brain drain in the region. The main conclusion is that drop in the population growth is compensated with migration flows and prolongation of working life when it comes to the active labour force in the Danube Region, although population is still a main source of working force.

Suggested Citation

  • Savić Mirko & Dakić Stojanka, 2016. "Demographics, Migration and Brain Drain in The Danube Region," Economic Themes, Sciendo, vol. 54(4), pages 469-483, December.
    • Handle: RePEc:vrs:ecothe:v:54:y:2016:i:4:p:469-483:n:1
    DOI: 10.1515/ethemes-2016-0023
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    References listed on IDEAS

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    1. John Gibson & David McKenzie, 2012. "The Economic Consequences of ‘Brain Drain’ of the Best and Brightest: Microeconomic Evidence from Five Countries," Economic Journal, Royal Economic Society, vol. 122(560), pages 339-375, May.
    2. Michel Beine & Fréderic Docquier & Hillel Rapoport, 2008. "Brain Drain and Human Capital Formation in Developing Countries: Winners and Losers," Economic Journal, Royal Economic Society, vol. 118(528), pages 631-652, April.
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