Remittance inflow and the brain drain issue in Malaysia / Fauziana Fauzi @ Mat Rawi and Marziah Mokhtar

Fauzi @ Mat Rawi, Fauziana and Mokhtar, Marziah (2018) Remittance inflow and the brain drain issue in Malaysia / Fauziana Fauzi @ Mat Rawi and Marziah Mokhtar. Journal of International Business, Economics and Entrepreneurship (JIBE), 3 (1). pp. 44-52. ISSN 2550-1429

Abstract

This paper intends to study the impact of remittance inflow on the Malaysian economy. It was found that recipient countries benefited from the inflow of remittance economically, financially and socially. Malaysia is one of the remittance recipient countries besides Philippines, Mexico and India. In the Malaysian context, most of the remittances come from skilled workers or professionals. Although remittances received will have positive effects on the Malaysian economy, it also creates brain drain issues due to the outflow of high skilled workers and professionals to other countries. As reported, more than two million people have emigrated since Malaysia’s independence in 1957 resulting in increase in remittances which shows the inflow of capital. This is only the short run impact. In long term, the country might face ‘double whammy’ on decrease in the remittance inflow.

Metadata

Item Type: Article
Creators:
CreatorsID Num. / Email
Fauzi @ Mat Rawi, FauzianaUNSPECIFIED
Mokhtar, MarziahUNSPECIFIED
Subjects: H Social Sciences > HC Economic History and Conditions > Consumers. Consumer demand. Consumption
H Social Sciences > HC Economic History and Conditions > Environmental policy and economic development. Sustainable development. Environmental management
Divisions: Universiti Teknologi MARA, Selangor > Puncak Alam Campus > Faculty of Business and Management
Journal or Publication Title: Journal of International Business, Economics and Entrepreneurship (JIBE)
Journal: UiTM Journal > Journal of International Business, Economics and Entrepreneurship
ISSN: 2550-1429
Volume: 3
Number: 1
Page Range: pp. 44-52
Item ID: 29129
Uncontrolled Keywords: Remittance inflow, recipient countries, brain drain, skilled workers, ‘double whammy
URI: http://ir.uitm.edu.my/id/eprint/29129

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