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

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...

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Main Authors: Fauzi @ Mat Rawi, Fauziana, Mokhtar, Marziah
Format: Article
Language:English
Published: Universiti Teknologi MARA, Selangor: Puncak Alam Campus: Faculty of Business and Management 2018
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/29129/
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author Fauzi @ Mat Rawi, Fauziana
Mokhtar, Marziah
author_facet Fauzi @ Mat Rawi, Fauziana
Mokhtar, Marziah
author_sort Fauzi @ Mat Rawi, Fauziana
building UiTM Institutional Repository
collection Online Access
description 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.
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publishDate 2018
publisher Universiti Teknologi MARA, Selangor: Puncak Alam Campus: Faculty of Business and Management
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spelling uitm-291292020-04-02T05:47:29Z https://ir.uitm.edu.my/id/eprint/29129/ Remittance inflow and the brain drain issue in Malaysia / Fauziana Fauzi @ Mat Rawi and Marziah Mokhtar jibe Fauzi @ Mat Rawi, Fauziana Mokhtar, Marziah Consumers. Consumer demand. Consumption Environmental policy and economic development. Sustainable development. Environmental management 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. Universiti Teknologi MARA, Selangor: Puncak Alam Campus: Faculty of Business and Management 2018 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/29129/1/29129.pdf Fauzi @ Mat Rawi, Fauziana and Mokhtar, Marziah (2018) Remittance inflow and the brain drain issue in Malaysia / Fauziana Fauzi @ Mat Rawi and Marziah Mokhtar. (2018) Journal of International Business, Economics and Entrepreneurship (JIBE) <https://ir.uitm.edu.my/view/publication/Journal_of_International_Business,_Economics_and_Entrepreneurship_=28JIBE=29.html>, 3 (1). pp. 44-52. ISSN 2550-1429
spellingShingle Consumers. Consumer demand. Consumption
Environmental policy and economic development. Sustainable development. Environmental management
Fauzi @ Mat Rawi, Fauziana
Mokhtar, Marziah
Remittance inflow and the brain drain issue in Malaysia / Fauziana Fauzi @ Mat Rawi and Marziah Mokhtar
title Remittance inflow and the brain drain issue in Malaysia / Fauziana Fauzi @ Mat Rawi and Marziah Mokhtar
title_full Remittance inflow and the brain drain issue in Malaysia / Fauziana Fauzi @ Mat Rawi and Marziah Mokhtar
title_fullStr Remittance inflow and the brain drain issue in Malaysia / Fauziana Fauzi @ Mat Rawi and Marziah Mokhtar
title_full_unstemmed Remittance inflow and the brain drain issue in Malaysia / Fauziana Fauzi @ Mat Rawi and Marziah Mokhtar
title_short Remittance inflow and the brain drain issue in Malaysia / Fauziana Fauzi @ Mat Rawi and Marziah Mokhtar
title_sort remittance inflow and the brain drain issue in malaysia / fauziana fauzi @ mat rawi and marziah mokhtar
topic Consumers. Consumer demand. Consumption
Environmental policy and economic development. Sustainable development. Environmental management
url https://ir.uitm.edu.my/id/eprint/29129/