Title_ The Impact of Migration and Migrant Remittances on Household Poverty in Bangladesh

Author_ Nahid Akhter and Md. Kamrul Islam

Pages 43-59

Abstract_ Bangladesh is one of the major suppliers of migrant workers especially to the Middle East, and the flow of remittances has increased from $2.8 billion in 2002 to $13.52 billion in 2017, which is more than 5 per cent of the country’s GDP. This article investigates the impact of domestic and international migration and subsequent remittances on poverty. The empirical analysis reveals that there is a significant relationship between growth in remittances and different outcome variables in the economy with positive impact on poverty, household income and financial inclusion. The results indicate that both domestic and international remittances have positive impact on poverty alleviation; and these results are statistically significant. International migration and remittance supplies are important pathways out of poverty for the poor households. Considering the impact of remittances on poverty and economic outcomes, appropriate technical and vocational training are needed to utilize the full potential of the migrant workers and maximize the contributions of remittances to the domestic economy.

Keywords_ Remittances, Savings, Migration, Income, Poverty, Bangladesh