Recession and unemployment

The world has been experiencing a severe economic depression in the first decade of this century long after its appearance during the third decade of the last century. Most of the nations are now paying the price. From that context, Bangladesh is no exception as it is the victim of on-going global recession which, undoubtedly, is the result of western materialistic lifestyle and can be considered the major factor for unemployment problem throughout the country.
Recession has hit our economy in different ways. First of all, being a developing country, Bangladesh's economy is mostly run by remittance sent by Bangladeshi workers from different parts of the world. Due to the current crisis, host nations are sending back those workers. Moreover, Bangladeshi students obtaining foreign degrees from the UK, USA, Australia and some other western countries are in the process of coming back. They are also competing with the mainstream job seekers of this country instead of searching jobs in their host countries. This situation is not only reducing our remittance, but also adding extra burden to our current unemployment issue.
On the other hand, the RMG sector is on the wane. It is the main export item which is earning the major portion of foreign currency. It is also a great field of employment from illiterate people to university graduates. For the moment, some garment industries are discharging a pretty good number of employeesthough, not in an alarming proportionas foreign orders have dropped due to the economic downturn. But this scenario sends us a strong message about the future. What will be the condition of this sector and millions of mouths living on it I the recession persists?
Now, it is time to think over the matter deeply. Why don't we develop our independent economic policy, strategy of our own setting aside the recommendations given by the IMF and the World Bank which always think about the interest of advanced nations?
I admit that in the era of globalisation the whole world looks like a village. We can make sure our prosperity by keeping warm relationship with other countries far and wide. But it doesn't mean that we will keep paying the price for the misdeeds of some developed nations.