Brain drain, the migration of skilled and educated labour, is a painful reality for developing countries like Nepal. The causes of brain drain can be attributed to various pull and push factors, including limited job opportunities, better standards of living, higher salaries, access to advanced technology, and more stable political conditions in developed countries. The development of the industrial sector in a country is hindered by a shortage of qualified and skilled workers, which slows down overall development. The editorial perspective provides a comprehensive overview of the brain drain phenomenon, including its causes, effects, and possible solutions. The editorial perspective highlighted the need for appropriate policy responses to address the issue and convert brain drain into wisdom gain. The role of management in managing brain drain is crucial for the country's sustainable economic development and growth. Management can contribute to addressing the issue by developing and implementing policies to attract and retain skilled professionals, investing in research and development, implementing returnee programs, addressing societal factors, and collaborating with the government and other stakeholders. The painful reality of brain drain in Nepal demands urgent attention and action from policymakers, academics, and other stakeholders. By taking appropriate measures to address the root causes of brain drain, Nepal can harness the knowledge and expertise of its skilled professionals and achieve its sustainable economic development goals. Keywords: Brain drain into wisdom gain, Cause, Impact, Effect, Management
Read full abstract