Renowned lawyer and scholar, Tsatsu Tsikata, has argued that the exodus of Ghanaians seeking greener pastures, often referred to as “brain drain,” presents significant economic opportunities for the country.
Speaking at a leadership dialogue, Tsikata emphasized the positive contributions of the Ghanaian diaspora, particularly in terms of foreign exchange inflows and their potential to drive economic development.
While many have expressed concerns about the loss of talent due to brain drain, Tsikata believes that Ghana should focus on the potential benefits rather than dwelling on the challenges.
He highlighted the substantial remittances sent home by Ghanaians abroad, often surpassing the value of natural resource exports.
Tsikata suggested that these remittances could be harnessed more effectively to support the country’s economic growth.
By viewing the diaspora as a strategic asset, Ghana can capitalize on their economic contributions and foster a more productive relationship.
In conclusion, Tsikata’s perspective challenges the traditional view of brain drain as solely negative and suggests that it can be a valuable resource for Ghana’s economic development.
