Tag: Human Capital

Curt Morgan, the CEO of Vistra Corp., joined “Plugged In” host Neil Chatterjee to talk about the balance between moving quickly to cleaner energy sources — such as battery or solar — and ensuring the displacement of workers and other human capital from closing plants is minimal.

Morgan, who announced he will soon step down from Vistra, said how you treat people matters and it’s important to offer an environment where people feel they can learn and grow. He also outlined techniques for promoting diversity in the industry.

“Ты куда?”: Where has Russia’s Brain Gone? (Borscht Report #6)

 

The утечка мозгов/brain drain has been a concern for Russia since the 1990s, when the collapse of the USSR and the resulting political and economic chaos pushed those with sufficient means and desire to escape to do just that. All told, about 2.5 million Russians of various ethnic and economic backgrounds left the country between 1989 and 1999, heading predominantly for the US, Israel, and the EU, especially Germany. Despite the massive gains which the Russian economy saw in the first decade of the 21st century, a further 1.6-2 million people have fled the country since 2000. It would be easy to posit that this is mostly the result of economic issues in the country brought about by Western sanctions and the fall in hydrocarbon prices, or a lack of high paying jobs for skilled people. And these are issues, but a more interesting, and telling, one is at play when we parse the data before and after 2012.