The Impact of Economic and Political Indicators on Brain Drain in Asia-Pacific Countries

Date

6-2024

Degree

Bachelor of Science in Economics

College

College of Economics and Management (CEM)

Adviser/Committee Chair

Maria Luisa G. Valera

Committee Member

Ma. Janda Ira Felina M. Bendictos, Gideon P. Carnaje, Maria Angeles O. Catelo

Abstract

The study aims to examine the effects of economic and political indicators on the brain drain in Asia-Pacific using panel data from 2007 to 2022. The results reveal that among the economic indicators, unemployment and human development index have influences on brain drain. Unemployment positively affects the brain drain in Asia-Pacific particularly in North and Central Asia, and South East Asia, whereas human development index negatively influences brain drain on all regions except South East Asia. Additionally, political stability index has an inconsistent effect on brain drain. For instance, in South East Asia, political stability has a negative effect on brain drain, but positive on East and North East Asia, and the Pacific. The findings in the study can be utilized to design policies in mitigating brain drain in the Asia-Pacific region and subregions, specifically focusing on the indicators that affect it, such as unemployment, human development, and political stability. Specifically, such policies can aim to offer unemployment benefits and social insurance; develop infrastructure and facilities that enhance social welfare; and stabilize political conditions that can ensure the skilled workers' safety and protection.

Language

English

LC Subject

Brain Drain, Employees

Location

UPLB College of Economics and Management (CEM)

Call Number

LG 993.5 2024 E2 P39

Notes

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Document Type

Thesis

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