Managerial Communication

ABSTRACT The impact of globalization on the world economy is seemly increasingly allpervasive. Its positive impact is no longer wrapped to the developed countries. Even a developing country akin Bangladesh, with its weak economy, is looking at globalization to strengthen its base. In the last decade cross border movement of masses across nations, especially the movement of skilled and the unskilled advertize from developing to developed countries has resulted in significant increases in the incomes of the power through remitments of foreign exchange by their everywhereseas citizens. This phenomenon has granted a boost to the economies of the developing nations. Bangladesh has an edge over more other developing countries in its abundance of human resources. This has resulted in its emergence as a key global pretender as a source country for the supply of attain force to the developed nations. Introduction Bangladesh is an important supplier of human resourcesâ€"in situation in some developed destination countries it is a major(ip) supplier and accounts for about 3 per cent of the global remittance income. More than four million Bangladeshis work abroad and over a quarter million Bangladeshis join the migrant work force every year.

Currently it receives an annual remittance count of US $4.8 billion through official and an additional core of US $3.0-4.0 billion through unofficial channels. The countrys man power export industry is poised for a dramatic growth. To date this industry has played a major role in reducing the balance of payments problems by generating rich foreign exchange earnings in the form of remittances. Millions of Bangladeshis realise benefited directly from the industry. Recognizing the potential development impact that can be made in this sector, the Royal Danish Embassy in capital of Bangladesh has sponsored this study to look into possible strategic interventions that can answer Bangladesh achieve annual remittances of US $ 30 billion by 2015. Bangladesh... If you want to get a full essay, order it on our website: Ordercustompaper.com

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