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

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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.

Details:

Agency/Department
UN/Economic and Social Commission for Asia and the Pacific
Print ISBN
9789211205091
PDF ISBN
9789211560114
Print Publication Date
PDF Publication Date
Page Count
26
Print Sales Number
07.II.F.14
Series Title
UNESCAP Working Papers

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