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The Role of Remittances on Human Development: Evidence from Developing Countries

Author

Listed:
  • Muhammad Zahid Naeem

    (Department of Economics, University of the Punjab, Lahore, Pakistan)

  • Shama Arzu

    (COMSATS Institute of Information Technology Vehari, Pakistan)

Abstract

Remittances are the part of migrant workers and essentially cash exchanges earned abroad and sent to their families. Worker remittances are an important part of international capital flows. The volume of remittances increments in developing countries day by day and season through season. Remittances are the backbone for the developing economies. We have used annual cross section data from the period of 2014 of 100 developing countries including Afghanistan, Pakistan, Turkey, Bangladesh, Iraq and China. Results show that there is a positive and insignificant relationship between remittances and human development in each of the selected developing countries.

Suggested Citation

  • Muhammad Zahid Naeem & Shama Arzu, 2017. "The Role of Remittances on Human Development: Evidence from Developing Countries," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 6(2), pages 74-91, June.
    • Handle: RePEc:rfh:bbejor:v:6:y:2017:i:2:p:74-91
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    References listed on IDEAS

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    Cited by:

    1. Joseph Siani, 2022. "The impact of remittances on human development in developing countries: an empirical evidence from cross-sectionally dependent heterogeneous panel data with structural breaks," Economics Bulletin, AccessEcon, vol. 42(4), pages 2135-2149.

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    More about this item

    Keywords

    remittances; human development; developing countries;
    All these keywords.

    JEL classification:

    • F24 - International Economics - - International Factor Movements and International Business - - - Remittances
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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