Kneebone, RonaldZinovieva, Alissa2023-12-112023-12-112023-05-29Zinovieva, A. (2023). Dollars Lost, Skills Wasted: Measuring the Economic Consequences of Foreign Credential Non-Recognition in Alberta's Healthcare Sector (Unpublished master's project). University of Calgary, Calgary, AB.https://hdl.handle.net/1880/117724https://doi.org/10.11575/PRISM/42567The Government of Alberta is seeking to attract internationally trained doctors to fill capacity shortages in Alberta's healthcare sector. Upon arrival, immigrants face barriers in having their foreign credentials recognized to be able to practice medicine which results in unemployment and underemployment of internationally trained doctors. They encounter high costs and long waits for re-accreditation resulting in lost wages, significant out-of-pocket costs, and sometimes abandonment of their credentials altogether. My analysis seeks to quantify the private and social cost of re-accrediting an internationally trained doctor as compared to accrediting a domestically trained doctor through medical school. Further, I calculate the Internal Rate of Return (IRR) to Alberta of resources allocated to accrediting internationally trained doctors as compared to domestically trained doctors. My results show that conservatively, at the minimum, Alberta receives between a 6% to 8% return on investment for internationally trained doctors. Conversely, on the high end, Alberta sees a 5% to 6% return on investment for domestically trained doctors. Through recommended government initiatives to minimize the costs and barriers faced by internationally trained doctors, Albertans stand to receive an even higher social benefit by supporting the re-accreditation of internationally trained doctors.enUniversity of Calgary graduate students retain copyright ownership and moral rights for their thesis. You may use this material in any way that is permitted by the Copyright Act or through licensing that has been assigned to the document. For uses that are not allowable under copyright legislation or licensing, you are required to seek permission.report