Young people are leaving their countries, those hit hardest with the sovereign debt crisis, and fleeing to Germany, UK and France with better economic oportunities. The escape of young Greeks and Spaniards, among others, is not hard to understand, given the unemployment rate in the countries stands at 53% for those under the age of 25. In Spain, about a quarter of the population remains out of work. How serious is brain drain? According to a report by NPR, one young female scientist who now works in Germany, was quoted saying nearly every one of her friends in the Science field have left to work abroad. -Max Price, Partner at Antal International China. -Gayle Allard, Professor of Economics at IE Business School in Madrid -Michael Segalla, Professor of Management at HEC Paris.
Listen to RMG: http://english.cri.cn/8706/2012/08/10/2861s716537.htm