Overseas Employment and Remittance: Exploring the Nexus in the Context of Bangladesh

1
Muhammad Rabiul Islam Liton
Muhammad Rabiul Islam Liton
2
Md. Alauddin
Md. Alauddin
3
Md. Nazmus Sadekin
Md. Nazmus Sadekin
4
Subrata Saha.
Subrata Saha.
1 Mawlana Bhashani Science and Technology University

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countries and it is now one of the salient remittance gaining countries in Asia. With a few exceptions, manpower export has been showing increasing trend year by year. Most of the expatriates, who are largely unskilled, are working in the Middle East countries and in the UK and the USA. Like overseas employment, remittances flow has been increasing every year with its increased share in GDP and becomes vital elements for accelerating economic growth in Bangladesh. In this study, In addition to exploring current trend of migration & remittance inflows, we investigate whether there is any significant relationship between inflows of foreign remittances and overseas employment. We also made an effort to identify some barriers that impedes overseas employment and remittance earnings and considering these aspects, we suggest some recommendations that can gear our remittance earnings. Our analysis reveals that the relationship between remittance earning and overseas employment is statistically significant.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Muhammad Rabiul Islam Liton. 2017. \u201cOverseas Employment and Remittance: Exploring the Nexus in the Context of Bangladesh\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 17 (GJMBR Volume 17 Issue B1): .

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GJMBR Volume 17 Issue B1
Pg. 17- 24
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-B Classification: JEL Code: M00
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March 20, 2017

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English

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countries and it is now one of the salient remittance gaining countries in Asia. With a few exceptions, manpower export has been showing increasing trend year by year. Most of the expatriates, who are largely unskilled, are working in the Middle East countries and in the UK and the USA. Like overseas employment, remittances flow has been increasing every year with its increased share in GDP and becomes vital elements for accelerating economic growth in Bangladesh. In this study, In addition to exploring current trend of migration & remittance inflows, we investigate whether there is any significant relationship between inflows of foreign remittances and overseas employment. We also made an effort to identify some barriers that impedes overseas employment and remittance earnings and considering these aspects, we suggest some recommendations that can gear our remittance earnings. Our analysis reveals that the relationship between remittance earning and overseas employment is statistically significant.

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Overseas Employment and Remittance: Exploring the Nexus in the Context of Bangladesh

Muhammad Rabiul Islam Liton
Muhammad Rabiul Islam Liton Mawlana Bhashani Science and Technology University
Md. Alauddin
Md. Alauddin
Md. Nazmus Sadekin
Md. Nazmus Sadekin
Subrata Saha.
Subrata Saha.

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