An Analysis of the Challenges and Prospects of Bangladeshi Manpower in Overseas Employment

Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 04

Abstract

Since its independence, Bangladesh has supplied millions of its skilled and unskilled manpower to hundreds of countries, which, in turn, has positively influenced the domestic labour market and GDP growth. Remittances coming from migrant workers have immensely contributed to the micro and macro economy of Bangladesh. Studies show that the rising flow of overseas employment due to labour shortage in numerous developed and developing countries after the pandemic has generated both opportunities and challenges for Bangladeshi manpower. This study found that there are inflated demands for skilled and professional workers all over the world. However, Bangladesh is still unable to supply expected quality workers foreign individuals, companies and countries have demanded. The reasons behind this, our study found, are insufficient government initiatives, recruitment agencies failure, not having enough opportunity for training and education and lack of awareness among workers as well as syndicate issues and illegal migration. This study suggests that addressing the above-mentioned issues could help the respective authorities perpetuate the rising flow of foreign employment of Bangladeshi manpower.

Authors and Affiliations

Rumana Yasmin

Keywords

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  • EP ID EP726987
  • DOI 10.47191/jefms/v6-i4-14
  • Views 73
  • Downloads 0

How To Cite

Rumana Yasmin (2023). An Analysis of the Challenges and Prospects of Bangladeshi Manpower in Overseas Employment. Journal of Economics, Finance and Management Studies, 6(04), -. https://www.europub.co.uk/articles/-A-726987