Workers' Remittances, Economic Growth and Poverty in Developing Asia and the Pacific Countries

Workers' Remittances, Economic Growth and Poverty in Developing Asia and the Pacific Countries PDF Author: Juthathip Jongwanich
Publisher: United Nations Publications
ISBN: 9789211205091
Category : Asia
Languages : en
Pages : 0

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Book Description
This paper examines the impact of workers' remittances on growth and poverty reduction in developing Asia-Pacific countries using panel data over the period 1993-2003. The results suggests that, while remittances do have a significant impact on poverty reduction through increasing income, smoothing consumption and easing capital constraints of the poor, they have only a marginal impact on growth operating through domestic investment and human capital development.