The Effectiveness of Remittances from Migrant Workers in Overcoming Poverty in Developing Asian Countries
This study explores the effect of remittances on poverty in developing Asian countries. This study aims to examine the effect of remittances on poverty by developing the Swamy and Arora model. There are relative influences in understanding the effect of remittances in alleviating poverty in developi...
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| Language: | English |
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Society for Risk Analysis - China
2024-12-01
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| Series: | Journal of Risk Analysis and Crisis Response (JRACR) |
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| Online Access: | https://doi.org/10.54560/jracr.v14i4.557 |
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| author | Farawi Ghannili Muhammad Lucky P |
| author_facet | Farawi Ghannili Muhammad Lucky P |
| author_sort | Farawi Ghannili |
| collection | DOAJ |
| description | This study explores the effect of remittances on poverty in developing Asian countries. This study aims to examine the effect of remittances on poverty by developing the Swamy and Arora model. There are relative influences in understanding the effect of remittances in alleviating poverty in developing Asian countries, namely geographical location and destination country income. Identify and understand the key variables that significantly affect poverty. This paper is the first to address the risk of poverty by utilizing poor migrants to increase household consumption and reduce poverty in the country of origin. We use Generalized Least Square (GLS) and Generalized Method of Moment (GMM) models to explore and understand the conditions of the poor who are sent money by migrants. The findings reveal a significant difference between poverty as measured through consumption expenditure and the income of the remitted poor. These insights are reassuring in that remittances can increase household consumption and do little to increase the income of the poor. remittances of 5% of GDP can help in alleviating poverty conditions in the home country, and directly benefit the country's economy, and alleviate domestic policies for poverty alleviation. |
| format | Article |
| id | doaj-art-4404cda332314f1495e20cc0126e0c20 |
| institution | Kabale University |
| issn | 2210-8491 2210-8505 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Society for Risk Analysis - China |
| record_format | Article |
| series | Journal of Risk Analysis and Crisis Response (JRACR) |
| spelling | doaj-art-4404cda332314f1495e20cc0126e0c202025-01-03T09:03:38ZengSociety for Risk Analysis - ChinaJournal of Risk Analysis and Crisis Response (JRACR)2210-84912210-85052024-12-01144-3453471https://doi.org/10.54560/jracr.v14i4.557The Effectiveness of Remittances from Migrant Workers in Overcoming Poverty in Developing Asian CountriesFarawi Ghannili0Muhammad Lucky P1Department of Economics, Faculty of Economics and Islamic Business, Sunan Kalijaga Islamic University, Yogyakarta (55281), IndonesiaDepartment of Economics, Faculty of Economics and Islamic Business, Sunan Kalijaga Islamic University, Yogyakarta (55281), Indonesia; Correspondence: 22208012030@student.uin-suka.ac.idThis study explores the effect of remittances on poverty in developing Asian countries. This study aims to examine the effect of remittances on poverty by developing the Swamy and Arora model. There are relative influences in understanding the effect of remittances in alleviating poverty in developing Asian countries, namely geographical location and destination country income. Identify and understand the key variables that significantly affect poverty. This paper is the first to address the risk of poverty by utilizing poor migrants to increase household consumption and reduce poverty in the country of origin. We use Generalized Least Square (GLS) and Generalized Method of Moment (GMM) models to explore and understand the conditions of the poor who are sent money by migrants. The findings reveal a significant difference between poverty as measured through consumption expenditure and the income of the remitted poor. These insights are reassuring in that remittances can increase household consumption and do little to increase the income of the poor. remittances of 5% of GDP can help in alleviating poverty conditions in the home country, and directly benefit the country's economy, and alleviate domestic policies for poverty alleviation.https://doi.org/10.54560/jracr.v14i4.557remittancehousehold consumption expenditurepoverty headcountcross-sectional dependenceand system gmm keyword |
| spellingShingle | Farawi Ghannili Muhammad Lucky P The Effectiveness of Remittances from Migrant Workers in Overcoming Poverty in Developing Asian Countries Journal of Risk Analysis and Crisis Response (JRACR) remittance household consumption expenditure poverty headcount cross-sectional dependence and system gmm keyword |
| title | The Effectiveness of Remittances from Migrant Workers in Overcoming Poverty in Developing Asian Countries |
| title_full | The Effectiveness of Remittances from Migrant Workers in Overcoming Poverty in Developing Asian Countries |
| title_fullStr | The Effectiveness of Remittances from Migrant Workers in Overcoming Poverty in Developing Asian Countries |
| title_full_unstemmed | The Effectiveness of Remittances from Migrant Workers in Overcoming Poverty in Developing Asian Countries |
| title_short | The Effectiveness of Remittances from Migrant Workers in Overcoming Poverty in Developing Asian Countries |
| title_sort | effectiveness of remittances from migrant workers in overcoming poverty in developing asian countries |
| topic | remittance household consumption expenditure poverty headcount cross-sectional dependence and system gmm keyword |
| url | https://doi.org/10.54560/jracr.v14i4.557 |
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