An Arithmetic Analysis of Bangladeshi Sending Migrants Stock and Remittance Per Capita in Malaysia

Abstract

Unskilled and short-term labour migration from Bangladesh to Malaysia has long historical phenomenon which has been contributing both countries micro and macro economy in terms of remittances (Bangladesh) and shortage of 3D labour (Malaysia). This paper objective is to describe migration process, pattern and policies as a sending country (Bangladesh) and receiving country (Malaysia) between developing-developing nations. This study uses cross data from official sources of Bangladesh, Malaysia and also World Bank migration and remittances database. The arithmetic analysis indicates that there is no significance relationship between migration stock and remittance per capita (migrant in Malaysia). The descriptive statistics show that the cumulative and documented migration stock has been decreasing while volume and per capita remittance has been increasing during the period.The most exciting results provide that the per capita remittance increase during 10 years 5,154.36% based on cumulative sending migrant stock from Bangladesh. Furthermore, the unbelievable results provide that the per capita remittance increase since 2005 to 2014 over 10 years 11,636.10% based on documented migrant stock increased only 21.78% although it is fact. Thus the study suggest depth investigation between the countries actual migrant stock (documented and undocumented) and remittance (formal or informal) and to develop better framework to recruit international labour in Malaysia (high deficiency of general labour) especially for Bangladesh (high labour surplus).