Economic growth and inflow of remittances: do they combat poverty in an emerging economy?
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Date
2015
Journal Title
Journal ISSN
Volume Title
Publisher
Social Indicators Research
Abstract
Poverty is such a social problem which itself begets so many socio-economic
evils in a country. It never lets the government of a country to sit easy and focus on some
other issues. Almost all countries who are running through this lurch; at there, governments,
policy advisors and researchers are always busy in formulating strategies to combat
poverty. Therefore; feeling the significance of the topic, this study is designed to empirically
test the impact of economic growth, workers remittances, rural population and
literacy rate on poverty in Pakistan. The empirical findings of the study reveal that economic
growth; workers’ remittances and rural population significantly deteriorate poverty.
Moreover; it has found that there exists bidirectional causality between economic growth
and poverty and between workers’ remittances and poverty in Pakistan.
Description
Keywords
Pakistan, Poverty, Economic growth, Remittances
Citation
Satti, S. L., Hassan, M. S., Hayat, F., & Paramati, S. R. Economic Growth and Inflow of Remittances: Do They Combat Poverty in an Emerging Economy? Social Indicators Research, 1-16.