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Remittances and development in South Asia

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  • Amjad, Rashid

Abstract

In Pakistan during the 1980s migration and remittance flows were perhaps the single most important factor in explaining the rapid decline in poverty during these years. In Sri Lanka, where nearly half of out-migrants are women, migration and remittances have both affected the labour market and foreign exchange position of the country. In Bangladesh and India migration outflows have been significant but never so large to have a major impact on the labour market, although in India at the regional level e.g., Kerala and in certain districts of Bangladesh the impact may have been more important. In Bangladesh and India remittances are still significant as a proportion of the gross domestic product. This paper reviews the trends in remittances post-September 11, 2001 and analyses factors which may explain a significant increase in three of the four South Asian economies reviewed in the paper, namely, Bangladesh, India, Pakistan and Sri Lanka and the impact of this increase on economic developments in these countries.

Suggested Citation

  • Amjad, Rashid, 2006. "Remittances and development in South Asia," MPRA Paper 38296, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:38296
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    References listed on IDEAS

    as
    1. Richard H. Adams, Jr. & John Page, 2003. "International migration, remittances, and poverty in developing countries," Policy Research Working Paper Series 3179, The World Bank.
    2. Rashid Amjad & A.R. Kemal, 1997. "Macroeconomic Policies and their Impact on Poverty Alleviation in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 36(1), pages 39-68.
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    Cited by:

    1. Rashid Amjad, 2005. "Pakistan's Poverty Reduction Strategy: Why Employment Matters," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 10(Special E), pages 144-178, September.
    2. Amjad, Rashid, 2010. "Remittances and poverty in Pakistan: a note," MPRA Paper 38297, University Library of Munich, Germany.

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    More about this item

    Keywords

    Remittances; Development; South Asia;
    All these keywords.

    JEL classification:

    • F24 - International Economics - - International Factor Movements and International Business - - - Remittances

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