Paper Title :The uses and Impact of Remittance on Household of Migrants a Study of Western Nepal
Author :Hira Lal Shrestha
Article Citation :Hira Lal Shrestha ,
(2018 ) " The uses and Impact of Remittance on Household of Migrants a Study of Western Nepal " ,
International Journal of Management and Applied Science (IJMAS) ,
pp. 87-91,
Volume-4,Issue-7
Abstract : This paper assesses the uses and impact of remittance to the households of migrants. An attempt is also made to
assess the uses of remittances. At a time when the country's major economic indicators are not favorable, the remittances
have played a vital role in maintaining macroeconomic stability and keeping the economy afloat. Nepal is one of the highest
remittance receiving countries in the world, in percentage of gross domestic product (GDP). Remittances are not only
defining household consumption and investment patterns, but are also transforming the structure and dynamics of the
country’s overall economy. Using the most recent household survey data, this paper analyzes the impact of migration and
remittances on household of migrants. It shows the two important results: (i) remittance income is mostly spent on household
consumption expenditure and loan repayment and (ii) remittance-receiving households have demonstrated improvements in
child education and expenditure on health care. Therefore, a key development challenge for a highly remittance-dependent
economy like Nepal is to incentivize remittance receiving households to invest in capital goods and inputs to improve
productivity so that it more than compensates for the yield losses arising from labor migration.
Keywords - Remittance, Impact, Uses, Migration, Consumption,
Type : Research paper
Published : Volume-4,Issue-7
DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-12959
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Copyright: © Institute of Research and Journals
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Published on 2018-08-31 |
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