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

Juthathip Jongwanich

No WP/07/01, MPDD Working Paper Series from United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

Abstract: 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. JEL Classification Numbers: O10, O40, O53

Keywords: Remittances; Growth; Poverty; Asian and the Pacific countries; Remittances; Growth; Poverty; Asian and the Pacific countries (search for similar items in EconPapers)
JEL-codes: O10 O40 O53 (search for similar items in EconPapers)
Date: 2007-01
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Citations: View citations in EconPapers (74)

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Persistent link: https://EconPapers.repec.org/RePEc:unt:wpmpdd:wp/07/01

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