The Rising Tendency of Migration Among the Young Generation and its Impact on the Bangladeshi Economy
Abstract
This study examines the rising tendency of migration among university students in Bangladesh and its economic implications, with a focus on the interplay between push-pull factors, financial feasibility, and government policy perception. Utilizing a sample of 250 students from both public and private universities, data were analyzed through Structural Equation Modeling (SEM) to assess the determinants of migration intention and the associated economic impacts. The results reveal that both push factors (e.g., political instability, limited career opportunities) and pull factors (e.g., better education opportunities, economic stability abroad) significantly influence migration intentions. However, the pull factors were found to have a stronger effect, indicating a shift towards migration as a proactive strategy rather than a reactive one. Financial feasibility emerged as a key mediator, highlighting the role of economic preparedness in translating migration intentions into action. Despite government policies aimed at supporting migration, the study found that policy perception did not significantly moderate the relationship between financial feasibility and migration intention, suggesting a gap in policy communication and trust. The perceived economic impact of migration was negative, with students acknowledging the risks of brain drain and its implications for Bangladesh’s economy. The study concludes with recommendations for policy reforms that could reduce push factors, improve financial support, and encourage brain circulation rather than brain drain, to leverage migration for national development.
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