IMPACTS OF MIGRATION AND REMITTANCES IN DEVELOPING COUNTRIES

Author Name: Dr. Laxman Singh Kunwar

Volume/Issue: 02/06

Country: Nepal

DOI NO.: 08.2020-25662434 DOI Link: https://www.doi-ds.org/doilink/12.2021-75419897/UIJIR

Affiliation:

Associate Professor of Population Studies, Patan Multiple Campus, Tribhuvan University, Kathmandu, Nepal

ABSTRACT

This paper attempts to describe the impacts of migration and remittances in developing or labour sending countries. Migration and remittances are being important as well as debatable issue in current context. Migration and use of remittances varies from one country to another mainly due to migration and economic policies adopted by governments. Secondary sources of data and information are used in this paper. The impacts are analyzed from micro to macro level as well as the role of Diasporas and their investment in their home country. Remittances and its use varies on the motives of migrants as well policies of migrants’ origin. Remittances has been contributed to reduce poverty level of migrants’ households but at the same time the income gap between migrants and non-migrant’s households has increased. The increased dependency of migrants’ country of origin to destination countries has been further challenges to the policy makers of migrants’ origin countries. The investment of remittances on education and health of migrants’ households has contributed to add the value human capital.

Key words: Remittances, Migration, poverty, Income, Micro and Macro level.