Reverse brain drain: the Portuguese fleeing to Angola and Mozambique.
With alarming unemployment rate for young people in Europe, the result of the economic crisis since 2008, and the inability of European governments to be able and create economic growth, young and educated Europeans are fleeing their homes in search of greener pastures. While thousands of educated workers are fleeing Greece for Germany, thousands of Spaniards are abandoning their homes to look for work in Brazil and Venezuela.
As they say in the States, “what goes up must come down”. It seems as if governments never learn from history. Governments always hasten their demise because of arrogance, greed and dare I say obvious stupidity. Europe’s bankrupt economic policy based on austerity has created frustrated and hopeless class of well educated youngsters.
Europe’s economic crisis is reshaping migration trends of the well educated. Instead of qualified Africans abandoning their homes for Europe, the Portuguese are now fleeing in droves to the booming economies of Angola and Mozambique. This is a remarkable situation of reverse brain drain.
While Europe is the past Africa is the future.
Professor Mekonen Haddis