The Impact of International Remittances on Poverty Alleviation in Bangladesh
The Impact of International Remittances on Poverty Alleviation in Bangladesh
Author(s): Bezon KumarSubject(s): Labor relations, International relations/trade, Political economy, Economic development, Migration Studies, Socio-Economic Research
Published by: Transnational Press London
Keywords: remittances; poverty; FGT index; logit model; Bangladesh;
Summary/Abstract: This article mainly explores to what extent international remittances alleviate household poverty in Bangladesh. This study uses primary data collected from 216 households and employs multi-methods. Firstly, I measure the level of household poverty through FosterGreer-Thorbecke index. The article secondly focuses on the impact of remittances on household poverty using a binary logistic regression model. I found that the level of poverty among remittance recipient households is notably lower than households that are not receiving remittances. Similarly, the probability of a household being poor is alleviated by 28.07 per cent if the household receives remittance. It can be suggested that nursing international remittances can be useful for poverty alleviation in Bangladesh.
Journal: Remittances Review
- Issue Year: 4/2019
- Issue No: 1
- Page Range: 67-86
- Page Count: 20
- Language: English