The remittances that migrant labourers send back to their countries contribute massively to those economies, but the impact on poverty reduction is much more complex, as a new book by Ramesh Sunam details
This article was published in Nepali Times on 15 September 2020.
As you might expect, the remittance village is punctuated by smooth, concrete houses rising among their weary-looking brick, mud and bamboo neighbours, a settlement where shiny motorcycles whine back and forth.
But in the remittance village you will also find residents who cannot even afford the price of a flight ticket to join the growing queue of fellow villagers trooping overseas to earn. It is also a place where going to work abroad actually drives some households into poverty instead of lifting them out of it.Continue reading “Remittance earnings boost villages — usually”