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Rising wages in Bangladesh

Authors :
Zhang, Xiaobo; Rashid, Shahidur; Ahmad, Kaikaus; Mueller, Valerie; Lee, Hak Lim; Lemma, Solomon; Belal, Saika; Ahmed, Akhter U.
http://orcid.org/0000-0002-0112-502X Ahmed, A.; http://orcid.org/0000-0002-4978-9036 Lee, Hak Lim; http://orcid.org/0000-0003-1246-2141 Mueller, Valerie; http://orcid.org/0000-0001-6719-2201 Rashid, Shahidur; http://orcid.org/0000-0002-4981-9565 Zhang, Xiaobo
Zhang, Xiaobo; Rashid, Shahidur; Ahmad, Kaikaus; Mueller, Valerie; Lee, Hak Lim; Lemma, Solomon; Belal, Saika; Ahmed, Akhter U.
http://orcid.org/0000-0002-0112-502X Ahmed, A.; http://orcid.org/0000-0002-4978-9036 Lee, Hak Lim; http://orcid.org/0000-0003-1246-2141 Mueller, Valerie; http://orcid.org/0000-0001-6719-2201 Rashid, Shahidur; http://orcid.org/0000-0002-4981-9565 Zhang, Xiaobo
Publication Year :
2013

Abstract

Non-PR<br />IFPRI1; Theme 6; Subtheme 6.2; GRP32; Theme 3; Subtheme 3.2; E Building Resilience; CRP2<br />DSGD; MTID; PHND; PIM<br />CGIAR Research Program on Policies, Institutions, and Markets (PIM)<br />Using data from multiple sources, we show that in Bangladesh, the increase in real wages, particularly female wages, has accelerated since the late 2000s, suggesting that the Lewis turning point (the point at which the labor market starts to shift in favor of workers) has arrived in Bangladesh. Rising wages are likely a result of a combination of more ample job opportunities in the nonfarm sector, especially in the manufacturing sector for females, and a greater amount of remittances, primarily from male workers overseas. Since human capital is the most important asset for the poor, the escalation in real wages has boosted the poor’s earnings, thereby reducing their likelihood of being poor.

Details

Database :
OAIster
Notes :
English, English
Publication Type :
Electronic Resource
Accession number :
edsoai.ocn861353530
Document Type :
Electronic Resource