Value of the brain drain

Normal Tendency

Not since 1999 has the index of departures from Guyana risen to such noticeable heights.  According to the index, constructed from data published by the Bureau of Statistics, the number of people leaving Guyana has risen significantly, about 47 percent more, since 2006 and has surpassed the level that obtained in 1999.  The index, which was developed on the basis of a 3-year moving average, shows the change in net departures from Guyana since 1999 utilizing 2006 as the base year.  Since 2006, the net departure has grown by 10 percent annually in contrast to the years between 2000 and 2005 when it declined by four percent per annum.  It is not clear what is causing the significant rise in the net departures from Guyana, but this trend is typically associated with heightened insecurity and unfavorable views about economic circumstances.  The normal tendency is to assume that Guyanese are grabbing better opportunities