Brain Drain In Malaysia

Tapping into the increasing volume of overseas returnees is an attractive option but unless there are efforts to engage and retain the returnee workforce malaysia could expect a further brain drain in the near future.

Brain drain in malaysia. July 6 i refer to an article published in the malay mail on the 25th of june 2020 titled malaysia losing talent it needs to climb world ladder fitch unit says. The fourth factor is economic condition and the least important reason that. Brain drain in malaysia this article highlights the key findings of a survey conducted earlier this year. Malaysia aims to escape the second world chasm and join the league of high income nations by 2020 but the biggest deterrent is the lack of skilled human capital.

There have been high rates of human capital flight from malaysia. Gone are the days when malaysia enjoyed 9 economic growth back in the 1990s. It faces a major problem in not only being incapable of delivering the required talent but also in being unable to retain the current local talent or attract foreign ones. Putting the malaysian diaspora into perspective.

After the may 1998 riots of indonesia many chinese indonesians decided to flee to other countries like singapore taiwan australia or united states which also contributes to brain drain within the country malaysia. I recently participated in a university of malaya forum on the occasion of the launching of the book the political economy of brain drain and talent capture. Evidence from malaysia and singapore. The second reason that leads to brain drain in malaysia is job related factors followed by salary and compensation.

Malaysia is one of the countries most affected by brain drain. Malaysia has reached a critical stage in this process of brain drain and the government needs to formulate workforce policies that will address this matter to ensure that it attains its goal to be a high income country within four years. Describing the extent of migration based on the dataset created from my research i find that there are an estimated 1 million malaysian born migrants in the world migrants of all ages. Lawyers accountants and pharmacists whereas the second largest group consists of technicians and associate professionals e g.

The article describes a research note by data analytics company fitch solutions that states that malaysia continues to face an exportation of talent and human capital due to racial discrimination as a result of race. Instability is the main reason that leads to brain drain in malaysia which causes experts to leave malaysia. The majority of high skill emigrants work as professionals e g. While the country still experiences a persistent brain drain returning malaysians told malay mail online that they came back after seeing both life at home and abroad for themselves.

Sixty four per cent of malaysia s brain drain population is concentrated in the top three major occupation groups which require high skills and qualifications. Nurses trade brokers and estate agents.