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International migration of highly skilled people is often conceived as the international mobility of educated personnel within transnational companies. It epitomises the successful international migration of labour. This article critically reviews this conception and analyses the major viewpoints on the phenomenon. Starting with a description of 5 brain drain in the 1960s, researchers' attention shifted to analyses of brain exchange in the late 1980s. Studies came to the fore that focused ondoi:10.5194/sgd-3-211-2007 fatcat:bfaqnaxdsndzho4be4i7citq5e