Alarm bells have been ringing for years over the issue of the brain drain and how it impedes competitiveness. Many skilled Malaysians leave to work in other countries. Some move back on retirement while many stay away permanently. What are the consequences of this talent haemorrhage for Malaysia, and what are the possible solutions?
MALAYSIA SUFFERS a voluntary emigration of people of different races and religions who possess talent, skills and knowledge. Their decision to settle in other countries brings high economic costs to Malaysia.
There is a paucity of statistical data available, yet anecdotal evidence suggests that the flight of human capital from Malaysia is serious and widespread. This was acknowledged in the New Economic Model (NEM) recently launched by the Prime Minister, Datuk Seri Najib Tun Razak. Some aggregate and crude numbers have been bandied around to back the common perception that the outflow is serious. But quantity is one thing.
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