Brain Drain in Bangladesh: Exploring Key Factors, Impacts and Strategic Policy Recommendations

Brain drain is a significant concern for Bangladesh since it causes the outflow of highly trained and educated persons in quest of better opportunities elsewhere. This study aims to investigate the various causes of brain drain, with a focus on four key factors: educational, living, economic, and political environments. The research attempts to examine how these characteristics influence the decision to emigrate by conducting a quantitative analysis of 180 responses obtained using a structured questionnaire. The study uses SPSS Version 27 for statistical analysis and employs correlation and regression techniques to assess the link between these parameters and the possibility of emigration. A theoretical framework that conceptualizes these characteristics as independent variables influencing the decision to consider emigration serves as the foundation for the research. Preliminary findings show that, while all four factors are important, living conditions have the most negative link with the intention to emigrate, implying that improving living standards in Bangladesh could effectively prevent brain drain. The study recommends enhancing educational infrastructure, improving job opportunities, ensuring political stability, and implementing economic reforms to create a more conducive environment for talent retention. The study not only helps to a better knowledge of emigration dynamics in underdeveloped countries, but it also provides policymakers with insights into how to retain talent in Bangladesh.