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Special Graduate Schools
Graduate School of International Studies
Department of International Business
International Business
3. Theses(Master)
REMITTANCE AND ITS IMPACTS ON POVERTY REDUCTION OF NEPAL
- Alternative Title
- SAMUNDRA K.C
- Author(s)
- samundra
- Alternative Author(s)
- SAMUNDRA K.C
- Advisor
- 이수복
- Department
- 국제대학원 국제경영학과
- Publisher
- The Graduate School, Ajou University
- Publication Year
- 2007-08
- Language
- eng
- Alternative Abstract
- Since 1996, Nepal and its people had been suffering from a scale of distress and agony due to a violent insurgency unleashed by the Maoists. The difficult situation inside the country has retarded growth of its economy and obstructing the efforts towards the poverty alleviation. As a result of 12 years Maoist insurgency, the nation’s economy is almost reached in very critical situation. With 31 per cent of the total population living below the poverty line and major exporting of goods like garment, carpet and pashmina are declining the only sector that is sustaining the nation’s economy is the remittances generated from Nepalese labor force working abroad. According to the National Planning commission (NPC) the number of overseas workers has grown by 30 percent in last couple of years making remittance as the single largest foreign exchange earning sector. This shows how importance is remittance to the nation’s economy and for poverty alleviation. With larger income gaps and opportunities between rich and poor countries, labor migration has increased, and so have remittances from international labor migrants. Since remittances are an important source of income and have played significant role in poverty reduction in most of the developing countries around the globe, there is a need for studies that address effects of remittances on the receiving economy. The objective of this thesis is to study the impacts of remittances on poverty in Nepal, one of the remittance receiving countries of the world. The study is mainly based on data from the two survey titled “Nepal Living Standards Survey 1994/95 & 2003/04”. It is found that remittances contribute significantly to lower the poverty levels in Nepal.
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- Special Graduate Schools > Graduate School of International Studies > Department of International Business > International Business > 3. Theses(Master)
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