Migration and Human Capital

Migration refers to the movement of people from one place to another, often for reasons such as work, education, or better living conditions. Human capital represents the skills, knowledge, and experience individuals acquire through education and training, which enhance their ability to contribute economically. When people migrate, they often bring their human capital with them, potentially boosting the workforce and economy in their new location. Conversely, migration can lead to a loss of human capital in the origin area, influencing economic development and social dynamics. Both concepts are interconnected, shaping population and economic patterns globally.