Remittance is the most beneficial private transaction in the global economy. The South Asian region accounts for about one fourth of the global remittance flows destined for developing countries, contributing to over ten percent of the gross domestic product (GDP) of South Asia. This significant amount of remittance has enormous potential for development in the region. The volume, essentially a South Asian viewpoint, provides theoretical treatments of remittance and how its development potential is translated into reality. The authors meticulously delve into the diverse mechanisms through which migrant communities remit, investigating how recipients engage in the development process in South Asia.Clearly, linking financing facility with formal remittance channels and productive investments is an encouraging step. ... by 80 per cent, while thesetup costofa bankbranch wouldbe30 percent higherthan thesetup costof anagent in Karachi ( Nenovaet al., 2009). ... Remittances, diaspora engagement and entrepreneurship development Research conducted ondiaspora ... diaspora entrepreneurship because of its potential to contribute to the creationof businesses, jobs andniche markets, anbsp;...
|Title||:||Migrant Remittances in South Asia|
|Author||:||Md Mizanur Rahman, Tan Tai Yong, AKM Ahsan Ullah|
|Publisher||:||Palgrave Macmillan - 2014-11-25|