Research Series Issue 15 - Remittances, growth and poverty reduction in Asia

Remittances have increased in low-income and lower- middle-income countries in recent years, playing an important role as a stable source of finance at the macro-level, and in poverty reduction at the micro-level. 

Drawing on a critical review of the literature and econometric analyses based on cross-country panel data, this study examines the relationships among remittances, growth and poverty reduction in Asia and the Pacific and highlights policy implications to be considered by governments and policy-makers.