Volume 4, Issue 1, June 2019, Page: 46-52
Remittances, Poverty and Welfare: Evidence from Cumilla, Bangladesh
Bezon Kumar, Department of Economics, Rabindra University, Bangladesh, Sirajganj, Bangladesh
Received: Apr. 11, 2019;       Accepted: Jun. 5, 2019;       Published: Jun. 24, 2019
DOI: 10.11648/j.ajdmkd.20190401.17      View  117      Downloads  19
Abstract
International remittance is now one of talking issues around the world as it has been playing a vital role in socio-economic development of the developing countries like Bangladesh since last few decades. Thus, the present study explores the impact of international remittances on household poverty and welfare in Bangladesh. To achieve this objective, the study analyses primary data collected from 360 households from Cumilla district of Bangladesh. To find out the impact of remittances on poverty, the study employs the Foster-Greer-Thorbecke (FGT) index. On the other hand, a one way ANOVA test is used to examine the impact of remittances on household welfare. The paper finds that the incidence, depth and severity of poverty among remittance recipient households is quite less than that of remittance non-recipient households. Empirically, the study finds that about 6 percent of remittance recipient households lives below the poverty line while this rate is 48 percent for non-recipient households. The study also finds that the average gross per capita expenditure of remittance receiving households is three times higher than that of non-recipient households which interprets that recipient households enjoy higher level of welfare. Thus, it is found that remittances have significant influence on household welfare. The study recommends nursing international remittances as an important tool in reducing poverty and enhancing welfare.
Keywords
Remittances, Poverty, Welfare, Bangladesh
To cite this article
Bezon Kumar, Remittances, Poverty and Welfare: Evidence from Cumilla, Bangladesh, American Journal of Data Mining and Knowledge Discovery. Vol. 4, No. 1, 2019, pp. 46-52. doi: 10.11648/j.ajdmkd.20190401.17
Copyright
Copyright © 2019 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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