Who migrates overseas and is it worth their while ? an assessment of household survey data from Bangladesh
AbstractThe paper assesses the costs and household level benefits of migrating overseas from Bangladesh. The authors survey households who have had overseas migrants to assess their characteristics compared to non-migrants. They also compute various types of migration and remittance related transaction costs and discuss the channels by which overseas migration is financed, remittances sent and the constraints faced by the poorest. Using the Propensity Score Matching method, the paper finds that overseas migration conveys substantial benefits to families as measured by household consumption, use of modern agricultural inputs, and level of household savings. The authors also offer some possible policy directions to strengthen the returns from migration as well as reduce some of the costs.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 5018.
Date of creation: 01 Aug 2009
Date of revision:
Population Policies; Access to Finance; Remittances; Banks&Banking Reform; Debt Markets;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-08-30 (All new papers)
- NEP-DEV-2009-08-30 (Development)
- NEP-MIG-2009-08-30 (Economics of Human Migration)
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- Mekonnen Beyene, Berhe, 2011. "Determinants of Internal and International Migration in Ethiopia," Memorandum 24/2011, Oslo University, Department of Economics.
- Dilip Ratha & Sanket Mohapatra, 2011. "Preliminary Estimates of Diaspora Savings," World Bank Other Operational Studies 10902, The World Bank.
- Sk. Mahmudul Alam, Mahmud, 2012. "Microfinance institutions will be an important instrument to earn more remittance, send remittance and utilize remittance in Bangladesh," MPRA Paper 36459, University Library of Munich, Germany, revised 14 Feb 2012.
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