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The emigration of Greeks and diaspora engagement policies for economic development

Cavounidis , Jennifer, (2017), “The emigration of Greeks and diaspora engagement policies for economic development”, ΚΕPE

The Global Economic and Financial Crisis has taken a heavy toll on the Greek economy. One of the direst aspects of the crisis has been the brain drain and the brain waste of the most talented of the young generation. The economy has to cope with the emigration of important segments of the labour force, most of whom have been educated at the expense of the public purse, only to see them thrive in other economies. Emigration is nothing new in Greece. Greece has witnessed two major emigration waves in the course of the 20th century, while emigration in the current century, especially after the crisis, has special characteristics that involve the complex relationship between major flows of immigration to and emigration from Greece.

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