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The Contribution of Workers’Remittances to Economic Growth in Pakistan

Author

Listed:
  • Zafar Iqbal

    (IMF Resident Mission, Islamabad)

  • Abdus Sattar

    (Pakistan Institute of Development Economics, Islamabad)

Abstract

This study attempts to provide an analytical answer to the important economic issue of whether workers’ remittances contributed to economic growth in Pakistan during the period 1972-73 to 2002-03. The quantitative evidence shows that workers’ remittances appeared to be an important source of economic growth. Other sources of growth were the public and private investment. Alternatively, there are a few factors like inflation rate, external debt, and deterioration in the terms of trade that affected country’s economic growth adversely.

Suggested Citation

  • Zafar Iqbal & Abdus Sattar, 2005. "The Contribution of Workers’Remittances to Economic Growth in Pakistan," PIDE-Working Papers 2005:187, Pakistan Institute of Development Economics.
    • Handle: RePEc:pid:wpaper:2005:187
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    File URL: https://www.pide.org.pk/Research/Report187.pdf
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    References listed on IDEAS

    as
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