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

  • Author: UN, ESCAP
  • Publication date: December 2007
  • Page count: 26
  • Language(s) in this book: English
  • Sales number: 07.II.F.14

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$6.00
ISBN: 9789211560114

About the product

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.