How does this affect the Argentine economy?

How does this affect the Argentine economy?

According to a World Bank study, more than 30 million Latin Americans currently live in countries other than their home country.

One of the major concerns of Latin American countries is the constant depletion of talent. To get better opportunities for professional and personal development in more developed countries.

There is no doubt that the epidemic has caused various problems that have exacerbated the crisis that many countries are going through, which is why the problem of brain drain is so important. A large section of the unemployed, many of whom are dissatisfied with their income and standard of living, are setting their sights on Europe and North America.

The UK recently introduced its ‘2021 Social Mobility Scale ‘, which gives residents an idea of ​​what the government and other agencies should do to understand the impact and suffering of an epidemic.

According to the survey, more than half (56%) think that epidemics increase social inequalities; 55% of adults say it affects mental health more; Four-fifths (79%) of adults believe that there are significant gaps between different social groups; Only a quarter (25%) of black and ethnic minorities believe they live in a just society.

One of the main reasons for moving to another country is the possibility of social dynamics

Instead, more and more people believe that employers need to take action to improve social mobility. This understanding is likely to be repeated in other parts of the planet, But the survey reveals that this is a very well-known problem in Latin America.

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The main reason why local talents choose to emigrate to other countries is because of the potential for social dynamics or opportunities for people to change status and improve their social and economic structure.

This concept mainly measures the equality of opportunities in society, i.e. it seeks to estimate how many generations it will take for a low-income family to reach the average income.

According to the 2020 “Social Mobility Report” prepared by the World Economic Forum, The best indicators are Denmark, followed by Norway and Finland. The United States is 27th and Spain is 28th.

According to ILO figures, Latin America and the Caribbean have reached an all-time high with more than 41 million unemployed as a result of the epidemic.

In Latin America, the first country on the list Uruguay is ranked 35th, followed by Costa Rica (44), Chile (51), Ecuador (57), Mexico (58), Panama (63), Colombia (65) and Peru (66).

This qualification of social dynamics was developed taking into account several indicators such as income and level of education; Health care, access to technology, employment, and fair wages.

According to David McKenzie, chief economist at the Development Research Group, the World Bank’s (WB) private sector finance and development unit is growing brainstorming globally. The report reveals that the number of northern migrants from our region increased from 14 million in 1960 to 60 million in 2000.

Talent leakage in Latin America and its reality

According to a World Bank study, More than 30 million Latin Americans live outside their country. It represents 5.2% of the population, with more than 70% of skilled professionals migrating to the Caribbean in search of better opportunities.

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Argentina tops Latin American immigrant rankings

List of countries with the highest number of immigrants in the region It is led by Argentina, Venezuela, Mexico, Brazil, Costa Rica, the Dominican Republic, Ecuador, Chile, Paraguay and Bolivia. The vast majority of these migrant talents, on average 90%, end up in the Organization for Economic Co-operation and Development (OECD) countries.

It is important to remember that the countries producing OECD are: Germany, Australia, Austria, Belgium, Canada, Chile, Colombia, Costa Rica, Republic of South Korea, Czech Republic, Denmark, Slovak Republic, Slovenia, Spain, States. Countries: Estonia, Finland, France, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Lithuania, Luxembourg, Latvia, Mexico, Norway, New Zealand, Netherlands, Poland, Portugal, United Kingdom, United Kingdom. One of the main reasons for the increase in brain drain during this period of epidemic is the rising unemployment rate.

According to the International Labor Organization (ILO), Latin America and the Caribbean The all-time high of over 41 million unemployed As a result of the epidemic. Another important piece of information reported by the International Labor Organization is that Chile, Brazil, Mexico and Colombia are the most affected countries in the region, according to an article from Estrategiaynegocios.net.

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