The State and Facilitation of Financial Flows (Remittances) by Temporary Workers: The Case of Bangladesh

Kenneth Jackson

Chapter 14 in Mobility, Labour Migration and Border Controls in Asia, 2006, pp 274-291 from Palgrave Macmillan

Abstract: Abstract This chapter focuses on the impact of remittances on development and examines the experience of Bangladesh as a case study. Bangladesh is one of the few significant Asian recipients of remittance flows reflecting a long history of Bangladeshis looking to overseas for employment opportunities. Remittances represent an important source of funds for development in this case and in the eyes of recipients it is considered to be the ‘best form of aid’ possible, in that it is spent in the ways they determine to be in their own best interests. From a market driven perspective it can be hypothesised that such a decision-making process is likely to be more allocatively efficient than either official or Non-governmental Organisation (NGO)-sourced Aid finance, since the decisions and expenditure are all undertaken locally by the consumers directly.

Keywords: International Migration; Labour Migration; Source Country; Financial Flow; Total Remittance (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50346-5_14

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DOI: 10.1057/9780230503465_14

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