Remittances, growth and poverty: New evidence from Asian countries

Awduron Sefydliadau
  • Katsushi S. Imai(Awdur)
    The University of Manchester
  • Raghav Gaiha(Awdur)
    Harvard School of Public Health
  • Abdilahi Ali(Awdur)
  • Nidhi Kaicker(Awdur)
Math Erthygl
Iaith wreiddiolSaesneg
Tudalennau (o-i)524-538
Nifer y tudalennau24
CyfnodolynJournal of Policy Modeling
Cyfrol36
Rhif y cyfnodolyn3
Dyddiad ar-lein cynnar01 Chwef 2014
Dangosyddion eitem ddigidol (DOIs)
StatwsCyhoeddwyd - 01 Mai 2014
Cysylltiadau
Arddangos ystadegau lawrlwytho
Gweld graff cysylltiadau
Fformatau enwi

Crynodeb

The present study re-examines the effects of remittances on growth of GDP per capita using annual panel data for 24 Asia and Pacific countries. The results generally confirm that remittance flows have been beneficial to economic growth. However, our analysis also shows that the volatility of capital inflows such as remittances and FDI is harmful to economic growth. This means that, while remittances contribute to better economic performance, they are also a source of output shocks. Finally, remittances contribute to poverty reduction – especially through their direct effects. Migration and remittances are thus potentially a valuable complement to broad-based development efforts.

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