Since 2014
An Empirical Investigation of the Impact of Foreign Remittances on Poverty in Developing Countries
Economy
View Archive Info| Field | Value | |
| Title |
An Empirical Investigation of the Impact of Foreign Remittances on Poverty in Developing Countries
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| Creator |
Hossain, Mohammad Imran
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| Description |
Remittances sent to home countries by migrant workers became significant in amount. Such funds can have profound implications for economic development, human welfare and poverty reduction in a developing country context. This paper examines the impact of foreign remittances on poverty in selected developing countries. A set of time series data has been utilized to empirically check the relationship between remittances and poverty for a list of 44 developing countries worldwide. For the purpose of the study, the ‘Three Stage Least Squares’ (TSLS) regression technique has been applied. A separate analysis for a group of countries among the list which recorded a remittances to GDP ratio of 2% or more has been performed. The study finds that remittances have a significant negative impact on poverty in a developing country.
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| Publisher |
Asian Online Journal Publishing Group
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| Date |
2015-06-01
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.asianonlinejournals.com/index.php/Economy/article/view/565
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| Source |
Economy; Vol 2 No 2 (2015); 44-48
2313-8181 2518-0118 |
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| Language |
eng
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| Relation |
http://www.asianonlinejournals.com/index.php/Economy/article/view/565/566
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