Utilization of International Remittances in Bangladesh Cover Image

Utilization of International Remittances in Bangladesh
Utilization of International Remittances in Bangladesh

Author(s): Bezon Kumar, Md. Elias Hossain, Md. Ataul Gani Osmani
Subject(s): National Economy, International relations/trade, Migration Studies, Financial Markets, Socio-Economic Research
Published by: Transnational Press London
Keywords: significant factors of remittances; utilization of remittances; Bangladesh;

Summary/Abstract: The study explores the significant factors and utilization of international remittance in Bangladesh by using primary data from 84 migrant households. The study applies multiple linear regression model estimated by OLS method. The estimated results find that household size, training, skill, years at abroad and earnings significantly affect international remittance in Bangladesh. This indicates migrants remit home motivated by mixed views like, altruistic, loan repayment and exchange view. The study also finds 50.01 percent of remittance is utilized only in consumption of food purpose. The study suggests arranging training and skill enhancing programs to migrants and creating investment opportunities.

  • Issue Year: 3/2018
  • Issue No: 1
  • Page Range: 5-18
  • Page Count: 14
  • Language: English