Escalation of real wages in Bangladesh: Is it the beginning of structural transformation?

Type Journal Article - World Development
Title Escalation of real wages in Bangladesh: Is it the beginning of structural transformation?
Author(s)
Volume 64
Publication (Day/Month/Year) 2014
Page numbers 273-285
URL http://www.sciencedirect.com/science/article/pii/S0305750X14001740
Abstract
Using data from multiple sources, we show that the real wages in Bangladesh, particularly in rural areas and for female
workers, have accelerated in recent years. Real wage escalation is likely the result of a combination of more job opportunities in the
nonfarm sector, especially in the manufacturing sector, and a greater inflow of remittances, primarily from unskilled male workers overseas.
Since physical labor is the most important asset for the poor, the escalation in real wages has boosted the poor’s earnings, helping
them improve their livelihood and escape poverty.
2014 Elsevier Ltd. All rights reserved.

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