Abstract: Migration and remittances are internationally recognized as significant phenomena for developing countries like Bangladesh. It is a labor surplus state which could contribute to home and foreign countries. This study tries to explore t trends on international voluntary migration to the foreign country and remittances that flow in Bangladesh. The paper is mainly constructed on secondary data which was taken from various publications, government and other organizations from home and aboard. The study covers the year 2001-2017.The major sources of foreign remittances come from the Middle East countries, which encourages our livelihood policy and promotes households, economic growth and development. The remittance trends in year-by-year is increasing in except, 2016 and 2017. A big share of GDP comes from remittances which is enhancing our economic growth and development. In the last few years, Saudi Arabia achieved the first position of sending remittances. Most of the expatriates are un-skilled who migrate to South East Asia, Middle East, the UK, and the USA. It is observed that overseas migration trends are fluctuating year- by- year except in 2007, 2008, 2017 and in the year 2010, 2013, occurred a negative migration growth. As a result, it can be summarized that government should give proper attention to foreign migration and remittances in order to improve the system that migrants can easily move to their destination which can generate employment, reduce poverty, enrich economic growth and development.
Keywords: Migration; Remittance; Employment.
Title: Migration and Remittance: Trends and Opportunities for Bangladesh
Author: Md. Nur Islam
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
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