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International Youth Day finds Albania with 300,000 young people who have left the country in a decade.
But, the departed youth can be the turning point for Albania. The return of the brains of the departed professionals would take Albania out of the middle income trap, as it would bring new and more technologically developed business ideas.
The World Bank suggests Albania create the conditions to bring back the diaspora as they bring more advanced skills and technology.
"The creation of a supportive climate that would promote the sharing of knowledge acquired by them, as well as the efficient use of immigrants' money, would give impetus to the development of the economy ," says the World Bank in the report on middle-income countries.
Employment expert and lecturer Erion Muça says that successful returns will require at least a decade, if the labor market, wages, business climate, legal security and even better quality education improve.
"It will take at least 5-10 years to reach a time when the return trend of those who have moved will be reflected if all the changes that occur are properly promoted in the local labor market. We must create the spirit that the local labor market has the necessary attractiveness to bring immigrants closer and support and promote it" , says the expert.
A good start is half the job! The first young people who would come to Albania, would also be the decision-makers whether or not the country will regain the brains that have been lost over the years.
"If the first models of the returnees find themselves in the market and have no disappointment, and are even satisfied with their return, they are the best promoters abroad, pulling them in the form of a chain," the expert claims.
The 2023 Census data showed that 735 thousand people aged 15-39 live in Albania, while in 2011, there were 1 million and 35 thousand. The lack of employees has become a burden on the economy, as thousands of businesses do not have enough staff for their activity.
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