Brain drain need not be a curse—it can be a catalyst: under the right conditions, selective emigration promotes skills acquisition and economic development in the country of origin.

Abstract. Rural areas in sub-Saharan Africa are typically underserved by financial services. Mobile money brings a substantial reduction in the transaction costs of remittances. We follow the introduc...

How does emigration of highly educated citizens of low-income countries to high-income countries affect the economies of the origin countries? The direct effect is “brain drain”—a decrease in the coun...