Do remittances supplement South Asian development?

Authors

  • Ahsan Ullah Geography, Development and Environment, Faculty of Arts and Social Sciences, University Brunei Darussalam

DOI:

https://doi.org/10.33182/rr.v2i1.436

Keywords:

remittances, South Asia, migration, development

Abstract

Remittance inflows have been recorded as the second major external source of finance after ODA and an important source of funds for growth in South Asian countries. This paper examines the interaction between remittances and development in South Asia. Most receiving countries have experienced a major increase in remittance inflows and increase in growth of their GDP. The migration-development nexus is drawn, however, generally on the contribution of migrants’ remittances to the GDP of receiving countries. While this contribution could no way be undermined, the calculation of this contribution is largely done by excluding some significant factors such as loan-with high interest; opportunity cost; remittances fee; risks and life lost. There are arguments that the entire amount of remittances channelled into South Asian countries does not go to development. Though there is huge potential to contribute to the development, South Asia did not fully benefit from migrant remittances. This is may be because of the fact that channelling remittances, uses of it and lack of financial sector development have thwarted the potential

Author Biography

Ahsan Ullah, Geography, Development and Environment, Faculty of Arts and Social Sciences, University Brunei Darussalam

Dr AKM Ahsan Ullah is an Associate Professor specialised in Sociology of Migration. He was Assistant Professor and Associate Director of the Center for Migration and Refugee Studies (CMRS) at the American University in Cairo (AUC). Ullah’s research portfolio includes stints at the Southeast Asian Research Centre (SEARC), Hong Kong; IPH, University of Ottawa, Saint Mary’s University; Canada; the Asian Institute of Technology (AIT), Thailand. In his home country of Bangladesh, he was the Research Coordinator of Plan International, an international organization focusing on child and rural development in 68 countries around the world. His tasks involved developing research materials for the Dhaka-based BRAC, one of the largest national NGOs in the world with more than 100,000 staff.

Ullah has also conducted and headed several research projects including a rural poverty alleviation program, city dwellers and rural to urban migration programs, and knowledge and awareness sessions for HIV/AIDS of commercial sex workers and their clients. He has also been active in the lives of street children, under the auspices of the Association for Rural Development and Studies (ARDS) in Bangladesh.

Published

2017-05-01

How to Cite

Ullah, A. (2017). Do remittances supplement South Asian development?. Remittances Review, 2(1), 31-45. https://doi.org/10.33182/rr.v2i1.436

Issue

Section

Articles