tailieunhanh - Labour market, foreign employment and remittance in Nepal

Foreign employment is an important part of Nepalese labour market. The national poverty reduction strategy and the previous plans have given priority to foreign employment as a source of labour absorption and poverty alleviation. This study focuses on Nepalese labour market condition, foreign employment, remittance inflow and their contribution on national economy. In Nepal, foreign employment and remittance inflow have been issues of concern over the last two decades. In this connection foreign employment was estimated to be million up to the fiscal year 2016/17 (except India) and 56 percent households had received remittances in the fiscal year 2010/11. | LABOUR MARKET FOREIGN EMPLOYMENT AND REMITTANCE IN NEPAL Keshav Bhakta Sapkota ABSTRACT Foreign employment is an important part of Nepalese labour market. The national poverty reduction strategy and the previous plans have given priority to foreign employment as a source of labour absorption and poverty alleviation. This study focuses on Nepalese labour market condition foreign employment remittance inflow and their contribution on national economy. In Nepal foreign employment and remittance inflow have been issues of concern over the last two decades. In this connection foreign employment was estimated to be million up to the fiscal year 2016 17 except India and 56 percent households had received remittances in the fiscal year 2010 11. Key words Labour market employment skilled remittance migration. INTRODUCTION AND OBJECTIVE Accordingtolatestcensus thepopulationofNepalwasapproximately million in 2011. The average population of Nepal between 2001 and 2011 was percent observed in the previous decade. There were some sort of positive trends observed in the population characteristics of Nepal. The average household size has declined from in 2001 to in 2011. Fertility rate has declined rapidly and the dependency ratio albeit high in a decreasing trend CBS 2012 . The rapidly declining trend of dependency ratio has also opened an avenue to the advantages of demographic dividend . This trend not only increases labour supply but also helps to increase output and saving. Urbanization speed is also seemed to be increased rapidly in the country. These changes have provoked to expland the productive base of the economy considerably. The other side of the demographic trend however is a challenge for Nepal. The population growth rates of the past have produced higher number of people in the younger age categories. This trend coupled with less expected job creating opportunity in the country has resulted in higher Dr. Sapkota is an Associate Professor .