Search

Search Results

2 results found

• Open Access Article

  15 Pages Download PDF: Workers’ Remittances and Socio-Economic Well-Being in Top Ten Remittances Receiving Developing Countries: The Role of Financial Development

  Workers’ Remittances and Socio-Economic Well-Being in Top Ten Remittances Receiving Developing Countries: The Role of Financial Development

  Mahnaz Muhammad Ali, Rozina Sadiq, Muhammad Javed

  2024-06-14 https://doi.org/10.36923/jcmi.v5i1.570

  The present study contributes empirical evidence to the impact of remittances on the socio-economic well-being of recipient nations, particularly through the enhancement of their Human Development Index (HDI) rankings. Utilizing a panel dataset comprising the top ten remittance-receiving countries over the period from 1990 to 2020, the research endeavors to offer a comprehensive analysis of the relationship between remittance inflows and HDI metrics. This investigation delves into the nuanced dimensions of HDI, namely health, education, and income per capita, to discern the specific effects of remittances on each component. The study employs the generalized method of moments (GMM) technique to mitigate potential endogeneity concerns inherent in the relationship between remittances and financial development. The findings of this empirical inquiry suggest that remittances wield a discernible influence on augmenting human well-being, particularly by fostering improvements in health and education outcomes. Additionally, the study identifies a constructive role for financial development in bolstering HDI indicators. In light of these findings, it is recommended that policymakers formulate tailored strategies aimed at facilitating remittance flows, thereby affording migrants enhanced access to robust financial systems.

  pp. 1-15 Abstract views:359 Downloads:99

• Open Access Article

  23 Pages Download PDF: Effect of Remittances on Household Welfare: A Case Study of District Mansehra

  Effect of Remittances on Household Welfare: A Case Study of District Mansehra

  Qurrat-ul-Ain, Misbah Nosheen

  2024-06-14 https://doi.org/10.36923/jcmi.v5i1.572

  This study examines the impact of foreign remittances on household welfare in district Mansehra. Primary data were used for this purpose. Data were collected through questionnaires from a sample of 294 households. The study estimates welfare as the dependent variable, calculated from household expenditures on food and non-food items. Housing conditions, access to necessities, and women's empowerment were used to assess financial well-being. Simple OLS regression analysis was employed for estimation. The study finds a positive and significant relationship between remittances and household well-being.

  pp. 48-70 Abstract views:321 Downloads:88