This paper aims to explain if there is a link between human capital accumulation and/or formation and economic growth. In a knowledge-based economy, investing in human capital is a representative of a country’s economic power. Migration of brains or so called “brain drain” to developed...

The paper is focused on exploring, from the european perspective, the possible reactions to the impact of the global crisis on brain drain. The policy responses to an accelerated brain drain process can be analyzed at three levels: countries of origin, countries of destination and EU level. For...

The paper explores the effects of foreign direct investments on the human capital accumulation in the case of the Romanian economy. Using data for 1995-2010, the study shows that it is strong relation between FDI flow and the share of the tertiary educated people in the population aged 2024....