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This paper has four aims. First, it defines the extent to which skilled migration to Australia has changed in recent decades in terms of scale, source country, and entry mode. Second, it describes Australia's federally driven foreign qualification recognition (FQR) reform strategy, including the pressure imposed by successive parliamentary reviews to improve outcomes. Third, it reports the growing engagement of select health regulators in reform, at a time when temporary workers constitute three-quarters of skilled migrants, and the question increasingly asked is whether regulatory bodies have the agility to facilitate twenty-first century labour migration flows. Finally, it assesses the contribution of qualification recognition reform to skilled migrants' recognition and early employment outcomes. Key learnings from Australia's FQR experience are then highlighted, of potential policy relevance to Canada. [ABSTRACT FROM AUTHOR]

This paper reviews four decades of economics research on the brain drain, with a focus on recent contributions and on development issues. We first assess the magnitude, intensity, and determinants of the brain drain, showing that brain drain (or high-skill) migration is becoming a dominant pattern of international migration and a major aspect of globalization. We then use a stylized growth model to analyze the various channels through which a brain drain affects the sending countries and review the evidence on these channels. The recent empirical literature shows that high-skill emigration need not deplete a country's human capital stock and can generate positive network externalities. Three case studies are also considered: the African medical brain drain, the exodus of European scientists to the United States, and the role of the Indian diaspora in the development of India's information technology sector. We conclude with a discussion of the implications of the analysis for education, immigration, and international taxation policies in a global context. (JEL F02, F22, J24, J61, O15) [ABSTRACT FROM AUTHOR]