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The State and Facilitation of Financial Flows (Remittances) by Temporary Workers: The Case of Bangladesh

In: Mobility, Labour Migration and Border Controls in Asia

Author

Listed:
  • Kenneth Jackson

Abstract

This chapter focuses on the impact of remittances on development and examines the experience of Bangladesh as a case study. Bangladesh is one of the few significant Asian recipients of remittance flows reflecting a long history of Bangladeshis looking to overseas for employment opportunities. Remittances represent an important source of funds for development in this case and in the eyes of recipients it is considered to be the ‘best form of aid’ possible, in that it is spent in the ways they determine to be in their own best interests. From a market driven perspective it can be hypothesised that such a decision-making process is likely to be more allocatively efficient than either official or Non-governmental Organisation (NGO)-sourced Aid finance, since the decisions and expenditure are all undertaken locally by the consumers directly.

Suggested Citation

  • Kenneth Jackson, 2006. "The State and Facilitation of Financial Flows (Remittances) by Temporary Workers: The Case of Bangladesh," Palgrave Macmillan Books, in: Amarjit Kaur & Ian Metcalfe (ed.), Mobility, Labour Migration and Border Controls in Asia, chapter 14, pages 274-291, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-50346-5_14
    DOI: 10.1057/9780230503465_14
    as

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