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Impacts of International Migration on Socio-Economic Development in Bangladesh

Author

Listed:
  • Sarker Masud

    (Department of Political Studies, Shahjalal University of Science and Technology, Bangladesh)

  • Islam Shahidul

    (Research and Development (R&D) Cell, Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), Dhaka, Bangladesh Institute of Social Research (BISR) Trust Bangladesh)

Abstract

International migration has positive impacts on socio-economic development in Bangladesh. Using secondary data, this paper explores the impacts of remittances on socio-economic development in Bangladesh. The article reveals that remittance has significant impacts on Bangladesh economy and socio-economic development, for example, reducing the poverty, increasing the household expenditure, saving, leading to maintain the quality of life as well as gender equality. Therefore, the government should take necessary steps to fostering international migration as a national strategy for economic development of Bangladesh.

Suggested Citation

  • Sarker Masud & Islam Shahidul, 2018. "Impacts of International Migration on Socio-Economic Development in Bangladesh," European Review of Applied Sociology, Sciendo, vol. 11(16), pages 27-35, June.
  • Handle: RePEc:vrs:erapso:v:11:y:2018:i:16:p:27-35:n:3
    DOI: 10.1515/eras-2018-0003
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    References listed on IDEAS

    as
    1. Chowdhury, Mamta B., 2011. "Remittances flow and financial development in Bangladesh," Economic Modelling, Elsevier, vol. 28(6), pages 2600-2608.
    2. Farid, K.S & Mozumdar, L. & Kabir, M.S & Hossain, K.B, 2009. "Trends in international migration and remittance flows: Case of Bangladesh," Journal of the Bangladesh Agricultural University, Bangladesh Agricultural University Research System (BAURES), vol. 7.
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    5. Maria Cristina Zhunio & Sharmila Vishwasrao & Eric P. Chiang, 2012. "The influence of remittances on education and health outcomes: a cross country study," Applied Economics, Taylor & Francis Journals, vol. 44(35), pages 4605-4616, December.
    6. Biru Paksha PAUL & Anupam DAS, 2011. "The Remittance-GDP Relationship in the Liberalized Regime of Bangladesh: Cointegration and Innovation Accounting," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(9(562)), pages 41-60, September.
    7. Mohammad A. H. PRADHAN & Gias Uddin KHAN, 2015. "Role of Remittance for Improving Quality of Life: Evidence from Bangladesh," Turkish Economic Review, KSP Journals, vol. 2(3), pages 160-168, September.
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    9. Mohammed Ziaul Haider & Tanbir Hossain & Ohidul Islam Siddiqui, 2016. "Impact of Remittance on Consumption and Savings Behavior in Rural Areas of Bangladesh," Journal of Business, LAR Center Press, vol. 1(4), pages 25-34, September.
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