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Economic cost of human capital loss from Fiji: implications for sustainable development

Reddy, Mahendra and Mohanty, Manoranjan and Naidu, Vijay (2004) Economic cost of human capital loss from Fiji: implications for sustainable development. International Migration Review, 38 (4). pp. 1447-1461. ISSN 0197-9183

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Abstract

Small island nations in the South Pacific are facing a serious problem of loss of human capital. The loss of skilled and qualified personnel from the small pool is causing a major setback in terms of providing the technical expertise to forge ahead with reform programs that these economies are undertaking. Fiji's policymakers are increasingly confronting this issue, because the nation has experienced a massive outflow of skilled labor following the political instability in 1987. While there is an outflow of skilled labor, the country is also losing a large amount of financial capital. The extent of the outflow has yet to be measured due to lack of a methodology. This study advances a methodology to measure the loss to the economy arising out of human capital loss in a small island economy.

Item Type: Journal Article
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: Faculty of Business and Economics (FBE) > School of Government, Development and International Affairs
Faculty of Business and Economics (FBE) > School of Economics
Depositing User: Ms Neha Harakh
Date Deposited: 08 May 2004 18:33
Last Modified: 17 Jul 2012 20:51
URI: http://repository.usp.ac.fj/id/eprint/3432
UNSPECIFIED

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