Integration in some areas in Asean such as labour should come gradually to ease the risk of a "brain-drain", according to experts speaking at the World Economic Forum on East Asia last week.
(From left) Moderator Deborah Kan, Asean secretary-general Surin Pitsuwan, economist Joseph Stiglitz and PTT chief executive officer Pailin Chuchottaworn debate the future of Asean workforce and labour issues late last week. WORLD ECONOMIC FORUM
Joseph E Stiglitz, a Nobel Laureate in economics and a professor at Columbia University, stressed the need for a managed flow of talent in order to prevent the "hollowing out" problem. With countries investing in people who later on move somewhere else, there needs to be a form of compensation for that country, he said.
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