Foreign Remittance Income in Bangladesh: Opportunities and Challenges
Asian Business Review
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Title |
Foreign Remittance Income in Bangladesh: Opportunities and Challenges
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Creator |
Rahim, Sheikh Abdur; Assistant Professor, Department of Business Administration, Daffodil International University, BANGLADESH
Alam, Md. Asraful; Senior Administrative Officer, ASA University Bangladesh, BANGLADESH |
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Subject |
Remittance, Income, Opportunity, Challenge, Bangladesh.
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Description |
A remittance is a transfer of money by a foreign worker to his or her home country. Remittance can also refer to the accounting concept of a monetary payment transferred by a customer to a business (Wikipedia, the free encyclopedia). Remittances have been playing a very significant role for the overall economic development ofBangladesh. Therefore, this paper attempts to explore the actual remittance income and its impact on overall economy ofBangladesh. Recently, the world has suffering from the global financial crisis. That is why, the job opportunities are shrinking drastically for the last couple of years. As a result, the government ofBangladeshis now facing tremendous challenges to send people abroad for employment. Thus, this paper also attempts to clearly articulate the opportunities and challenges of remittance income inBangladeshand suggested some possible courses of action to face these challenges with smart at hand.
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Publisher |
Asian Business Consortium
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Contributor |
—
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Date |
2015-02-28
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://journals.abc.us.org/index.php/abr/article/view/4.4Rahim
10.18034/abr.v2i2.300 |
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Source |
Asian Business Review; Vol 2, No 2 (2013): 4th Issue; 22-28
2305-8730 2304-2613 |
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Language |
eng
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Relation |
http://journals.abc.us.org/index.php/abr/article/view/4.4Rahim/206
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Rights |
Copyright (c) 2015 Sheikh Abdur Rahim, Md. Asraful Alam
http://creativecommons.org/licenses/by-nc/4.0 |
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