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More than a million of the people of Myanmar has become refugees in Malaysia and they were classified as illegal immigrants as Malaysia is not a signatory country to the 1951 United Nations Convention relating to the status of Refugees. Fundamentally, they were living under risky and dangerous conditions in Malaysia. On the other hand, some of Myanmar refugees were doing better than the other even they were living under those same challenging circumstances and similar difficult situations. For that reason, the research question for this paper was "What factors make the well-being of Myanmar refugees better?" and the hypothesis for this study was "The higher the level of social networks, the better the well-being of Myanmar refugees in terms of economic well-being, physical well-being and psychological well-being ". Method:the quantitative research methodology approach was applied and the sample size for this research paper was 240 in total. The participants were carefully selected by "Coalitions of Burma Ethnics, Malaysia (COBEM)" and COBEM helped to distribute all of the quantitative research questionnaires as well. The research period took one month (1st to 30th November,2015) in order to collect all the completed data. Analysts:Method of descriptive analysis was used to report the general conditions of Myanmar refugees in Malaysia. Methods of correlation analysis and regression analysis were applied to describe the relationship between social capital and the well-being of Myanmar refugees. Results:the relationship between social capital and the well-being of Myanmar refugees was statistically significant and it was remarkably related each other. As a matter of fact, the well-being of Myanmar refugees were determined by social capital and at the same time those who have a better well-being are more likely to have a good social capital as well. Most importantly, the meaningful policy implications and recommendations were given for Myanmar refugees.