SLIIT Business School Scopus2
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Publication Open Access Factors influencing migration intention of undergraduates in Sri Lanka: ‘About more than employment(Elsevier Ltd, 2026-01-26) Marawila, R; Weerarathna, R; Rathnayake, N; Guruge, R; Wehella, B; Udugahapattuwa, T; Weligodapola, MThe objective of this study is to examine the factors influencing Sri Lankan undergraduates' intention to migrate. Persistent economic, social, and political challenges have driven many youngsters and professionals to leave their Country of Origin (COO). The economic collapse triggered by COVID-19 further intensified this trend, leading to a sharp increase in outward migration. Recently, a growing number of Sri Lankan undergraduates and skilled professionals have expressed a strong desire to relocate abroad, often immediately after completing secondary education. For this study, a sample of 385 undergraduates from state and non-state universities across Sri Lanka was analysed. Given the national concerns of brain drain and shortages of trained and skilled workers, the study specifically focused on understanding undergraduates' aspirations to migrate. Structural Equation Modeling (SEM) was applied to identify and test the variables influencing migration intentions within the Sri Lankan context. The findings provide a holistic picture of the drivers of undergraduate migration. These carry important implications not only for students but also for policymakers and Higher Education Institutions (HEIs), by informing policies and strategies that could encourage young people to realise their potential within Sri Lanka rather than abroad.Publication Open Access Global economic uncertainty shocks and macroeconomic dynamics before and after COVID-19: Evidence from Africa and the Americas(Elsevier Inc., 2026-04-03) Madurawala, R; Navamohan, P; Gamage, D; Hansika, S; Jayathilaka, RGlobal economic uncertainty has become a central driver of macroeconomic instability, particularly during large-scale crises like the COVID-19 pandemic. This study examines how global uncertainty shocks affect key macroeconomic variables, particularly suicide rates, economic growth, unemployment, and trade openness across 62 countries in Africa, South America, and North America over the period of 2004–2023 as the countries in these regions exhibit the highest uncertainty post-pandemic. Utilising the COVID-19 pandemic as a natural experiment, the analysis distinguishes between pre- and post-pandemic uncertainty-socioeconomic dynamics to assess the bidirectional and cointegrating relationships across regions. The study employs Multiple Linear Regression to capture short-term macroeconomic responses and panel and country-level cointegration techniques to identify long-run relationships between economic uncertainty and macroeconomic variables. Global uncertainty is proxied using the World Uncertainty Index, which captures broad policy, geopolitical, and crisis-related uncertainty affecting expectations and real economic activity. Unlike, existing studies which reveal insights in a particular region or country, the current findings uncover bi-directional relationships in 21 countries post-pandemic, with notable relationships in Algeria, Botswana, Gabon, Guinea, Madagascar, Republic of Congo, Dominican Republic, Mexico, Bolivia, Paraguay. Moreover, long-run cointegration between uncertainty and macroeconomic indicators strengthens in the post-COVID-19 period, particularly in countries of Africa and North America. By analysing countries in the highest uncertainty regions the study contributes to the international macroeconomics literature by providing new evidence on how global uncertainty shocks reshape macroeconomic dynamics across regions with heterogeneous economic structures, offering important implications for macroeconomic stabilisation in an increasingly uncertain global landscape.