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Workers’ Migration and Remittances in Bangladesh

Author

Listed:
  • Hiranya Nath

    (Department of Economics and International Business, Sam Houston State University)

  • Khawaja A. Mamun

    (Department of Economics and Finance, Sacred Heart University)

Abstract

Bangladesh has sent more than 6.7 million workers to over 140 countries during a period of more than three decades since the mid-1970s. Most of these workers temporarily migrate to work in Middle East and Southeast Asia. This mass movement of temporary migrant workers has, to some extent, eased unemployment pressures on the over-burdened labor market in this highly populated country. More importantly, the remittance transfers received from these migrant workers have reached a phenomenal level of over 10 billion US dollar in 2009, approximately 12 percent of GDP in Bangladesh. This paper analyzes the trends and various other aspects of workers’ migration and remittances in Bangladesh. It further discusses the micro and macroeconomic impacts of remittances. While most remittance transfers have been used by migrant-sending households for consumption, there is evidence to show that these transfers have helped reduce poverty in Bangladesh. The analysis presented in this paper further indicates that these remittances may have significant effects on other macroeconomic variables as well.

Suggested Citation

  • Hiranya Nath & Khawaja A. Mamun, 2010. "Workers’ Migration and Remittances in Bangladesh," Working Papers 1002, Sam Houston State University, Department of Economics and International Business.
    • Handle: RePEc:shs:wpaper:1002
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    Cited by:

    1. Anupam Das & Adian McFarlane & Luc Carels, 2021. "Empirical exploration of remittances and renewable energy consumption in Bangladesh," Asia-Pacific Journal of Regional Science, Springer, vol. 5(1), pages 65-89, February.
    2. Anupam Das & Murshed Chowdhury, 2019. "Macroeconomic impacts of remittances in Bangladesh: The role of reverse flows," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 48(3), November.
    3. Ahsan Ullah, 2017. "Do remittances supplement South Asian development?," Remittances Review, Remittances Review, vol. 2(1), pages 31-45, May.
    4. Khan, Adnan, 2020. "A Bibliography Search on International Migration and Remittances Literature during the period of 1971-2020: A Case of Bangladesh," MPRA Paper 108143, University Library of Munich, Germany, revised 2020.
    5. Mullally, C., 2018. "Migration and economic activity among origin households: the role of female household headship," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 276993, International Association of Agricultural Economists.
    6. Dorsaf Sridi & Wafa Ghardallou, 2021. "Remittances and disaggregated country risk ratings in Tunisia: an ARDL approach," Middle East Development Journal, Taylor & Francis Journals, vol. 13(1), pages 191-211, January.
    7. Selim Raihan, 2011. "One Hundred years of Economic Change in Bengal: Re-visiting the Economic Life of a Bengal District," Working Papers id:4497, eSocialSciences.
    8. Mamun, Md. Al & Sohag, Kazi & Uddin, Gazi Salah & Shahbaz, Muhammad, 2015. "Remittance and domestic labor productivity: Evidence from remittance recipient countries," Economic Modelling, Elsevier, vol. 47(C), pages 207-218.
    9. Mohammad Salahuddin & Jeff Gow, 2015. "The relationship between economic growth and remittances in the presence of cross-sectional dependence," Journal of Developing Areas, Tennessee State University, College of Business, vol. 49(1), pages 207-221, January-M.
    10. Traverso, Silvio, 2016. "How to escape from a poverty trap: The case of Bangladesh," World Development Perspectives, Elsevier, vol. 4(C), pages 48-59.
    11. 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.
    12. Mubashar Hasan, 2017. "South–South Migration and Security Risks: Political Islam and Violent Extremism in the Shadow of Globalisation in Bangladesh," India Quarterly: A Journal of International Affairs, , vol. 73(3), pages 312-326, September.
    13. Dorsaf Srdid & Wafa Ghardallou, 2019. "Remittances and Disaggregated Country Risk Ratings in Tunisia: An ARDL Approach," Working Papers 1326, Economic Research Forum, revised 21 Aug 2019.
    14. Khan, Adnan & Mrs, Sultana, 2021. "International Remittances Literature: A Study in Bangladesh during the period of 1971-2020," MPRA Paper 108290, University Library of Munich, Germany, revised 2021.
    15. Sk. Mahmudul Alam, Mahmud, 2012. "Microfinance institutions will be an important instrument to earn more remittance, send remittance and utilize remittance in Bangladesh," MPRA Paper 36459, University Library of Munich, Germany, revised 14 Feb 2012.
    16. 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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