chapter  5
24 Pages

Socioeconomic impact of remittance

An analysis of household level data from Bangladesh
ByMoazzem Hossain, Yenny Tjoe, Samsul Hoque

This chapter investigates the distribution of household income among the households of migrant workers. The investigation also compares the income of migrant households with that of the non-migrant households in the same area. The chapter addresses that the socioeconomic impact of migration and remittances at household levels in the context of a localized study in Bangladesh. In terms of reducing extreme poverty in Asia, certainly the East Asian nations have been ahead of South Asia. While poverty reduction has been a priority in Bangladesh under the Millennium Development Goals program of the UN since 2000, sanitation access was also a major goal. The two groups of households had relatively low levels of consumption inequality, with Gini ratios of 0.21 and 0.22. The chapter draws a reasonable conclusion that migration and remittances are having a major positive impact, in economic terms, among the rural migrant population in the study area.