Abstract
International Human Capital migration is one of the key components of micro economic development in a labour supplying country. The returns of migration play a significant role in the economic development and growth of the source country. The remittance causes a positive Balance of Payment as well as poverty eradication in Bangladesh. These Human Capital migrations also have impacts on micro economic issues like local and household economy, which have received very little attention in existing studies. The purpose of this paper is to describe the impacts of international labour migration on local economic development. Therefore, to check the issue, this study collected primary data based on a questionnaire survey from 306 Bangladeshi workers who are engaged in wage-earning employment in Malaysia during the period of Nov-Dec 2010. 2010 his study analysed the data based on the Path Measurement Model. This empirical study found that international Human Capital migration significantly improves the local and household economy of Bangladesh such as house ownership, improvement of economic conditions, donation towards local institutes and infrastructure, new work experience, new skills, and poverty reduction. Some initiatives such as communication skills, maintaining and improving economic diplomacy and discouraging the Hundi System (Illegal remittance transfer system) are suggested to improve these rising consequences of international migration in Bangladesh.
| Original language | English |
|---|---|
| Pages (from-to) | 563-569 |
| Number of pages | 7 |
| Journal | Mediterranean Journal of Social Sciences |
| Volume | 6 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - 2015 |
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Keywords
- Human capital
- International migration
- Local and households impacts
- Remittance
- SEM
ASJC Scopus subject areas
- Social Sciences(all)
- Arts and Humanities(all)
- Economics, Econometrics and Finance(all)
Cite this
Local economic impacts of human capital migration. / Ferdous Alam, A. S A; Siwar, Chamhuri; Begum, Halima; Er, Ah Choy; Abdul Talib, Basri; Elfithri, Rahmah.
In: Mediterranean Journal of Social Sciences, Vol. 6, No. 3, 2015, p. 563-569.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Local economic impacts of human capital migration
AU - Ferdous Alam, A. S A
AU - Siwar, Chamhuri
AU - Begum, Halima
AU - Er, Ah Choy
AU - Abdul Talib, Basri
AU - Elfithri, Rahmah
PY - 2015
Y1 - 2015
N2 - International Human Capital migration is one of the key components of micro economic development in a labour supplying country. The returns of migration play a significant role in the economic development and growth of the source country. The remittance causes a positive Balance of Payment as well as poverty eradication in Bangladesh. These Human Capital migrations also have impacts on micro economic issues like local and household economy, which have received very little attention in existing studies. The purpose of this paper is to describe the impacts of international labour migration on local economic development. Therefore, to check the issue, this study collected primary data based on a questionnaire survey from 306 Bangladeshi workers who are engaged in wage-earning employment in Malaysia during the period of Nov-Dec 2010. 2010 his study analysed the data based on the Path Measurement Model. This empirical study found that international Human Capital migration significantly improves the local and household economy of Bangladesh such as house ownership, improvement of economic conditions, donation towards local institutes and infrastructure, new work experience, new skills, and poverty reduction. Some initiatives such as communication skills, maintaining and improving economic diplomacy and discouraging the Hundi System (Illegal remittance transfer system) are suggested to improve these rising consequences of international migration in Bangladesh.
AB - International Human Capital migration is one of the key components of micro economic development in a labour supplying country. The returns of migration play a significant role in the economic development and growth of the source country. The remittance causes a positive Balance of Payment as well as poverty eradication in Bangladesh. These Human Capital migrations also have impacts on micro economic issues like local and household economy, which have received very little attention in existing studies. The purpose of this paper is to describe the impacts of international labour migration on local economic development. Therefore, to check the issue, this study collected primary data based on a questionnaire survey from 306 Bangladeshi workers who are engaged in wage-earning employment in Malaysia during the period of Nov-Dec 2010. 2010 his study analysed the data based on the Path Measurement Model. This empirical study found that international Human Capital migration significantly improves the local and household economy of Bangladesh such as house ownership, improvement of economic conditions, donation towards local institutes and infrastructure, new work experience, new skills, and poverty reduction. Some initiatives such as communication skills, maintaining and improving economic diplomacy and discouraging the Hundi System (Illegal remittance transfer system) are suggested to improve these rising consequences of international migration in Bangladesh.
KW - Human capital
KW - International migration
KW - Local and households impacts
KW - Remittance
KW - SEM
UR - http://www.scopus.com/inward/record.url?scp=84928897251&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84928897251&partnerID=8YFLogxK
U2 - 10.5901/mjss.2015.v6n3s1p563
DO - 10.5901/mjss.2015.v6n3s1p563
M3 - Article
VL - 6
SP - 563
EP - 569
JO - Mediterranean Journal of Social Sciences
JF - Mediterranean Journal of Social Sciences
SN - 2039-9340
IS - 3
ER -