Literature Review on Remittance - Nepal Introduction Remittances are funds transferred from migrants to their home country. They are the private savings of workers and families that are spent in the home country for food, clothing and other expenditures, and which drive the home economy. For many developing nations, remittances from citizens working abroad provide an import source of much-needed funds. In some cases, funds from remittances exceed aide sent from the developed world, and are
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densely inhabited. The poverty level, however, has fallen by more than 20%, helped by its prominent agricultural sector. The Bangladeshi economy is helped by its big garment sector, which contributes more than two-thirds of the country’s trade. The major challenge to prosperous growth is the vulnerability of the land to cyclones and floods. However, even with such challenges, Bangladesh has experienced a growth rate of 5% since 1990. This growth has been helped by remittances from expatriates as
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This means that the 20 percent are shared by other service providers such as pawnshops, money changers, remittance agents and FX dealers. Some municipalities in the Philippines have no banking presence but have access to pawnshops. While pawnbroking is the main business activity of pawnshops, nowadays many pawnshops are engaging into other auxiliary businesses such as money changing, remittance facilitation, foreign exchange dealership, and bills payment facilitation. Moreover, few pawnshops are offering
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inflation on income 9 Effects of interest rates on income level: 11 Theory of Interest Rate Parity and BDT 12 Theory of Purchasing Power Parity 14 Theory of International Fisher Effect against BDT 16 Regulations on foreign currency transfers/remittances 16 Analysis of investment opportunity for US-based MNC 17 Analysis of Bangladeshi Taka (BDT) against US Dollar ($) Exchange rates play a vital role in a country's level of trade. This is critical to almost every free market-oriented economy
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Foreign Remittance A Case Study on Southeast Bank Ltd, Chouhatta Branch, Sylhet An Internship Report On Foreign Remittance A case study on Southeast Bank Limited, Chouhatta Branch, Sylhet SUBM ITTED TO Department of Business Administration SUPERVISED BY Najia jahura Lecturer Department of Business Administration Leading University, Sylhet Submitted By
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Introduction Bangladesh characterised by high population density, low resource base, recurrent natural disasters and persistent socio-cultural instability has come a long way since its independence in 1971. The country has performed well especially in recent years, showing that a country can achieve significan human and social development at relatively low levels of income along with creating strong fundamentals and future growth. The integration of developing and least developed countries with
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investigate if school attendance of young household members aged 6-12 years old varies with their kinship ties to the household heads in the Philippines. Applying probit regression techniques on a dataset culled from the five rounds of the Annual Poverty Indicators Survey, we find that the probability of attending school of the head's own child is about 2.9-percentage points greater that that other relatives in the same age group, controlling for income and other factors. However, there are no differences
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Department of Economics North South University Overview I. Introduction: Genesis and Spread of the Crisis. II. Global Recession and LDCs III. Impact on Bangladesh IV. Recession and Export from Bangladesh V. Exchange Rate Movement VI. Remittance VII. Import and Tax Revenue VIII. Overall Impact IX. Policy Implications I. Introduction: Genesis and Spread of the Crisis. • Root: Mispricing in the Massive Credit Default Swap Market • Sub prime Mortgage: Bank transferred credit risk
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involves economic models developed to determine the impact of each sector-Export, Import, Foreign Aid and Remittance, on GDP of Bangladesh. It also involves an analysis of the behavior of these factors in three SAARC countries and the application of the regression model developed. The economic model was developed based on the past behavior of GDP and the external sector. It indicated that Remittance is the sector having the most significant impact on GDP and aid the second most significant. While imports
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Alexander Zaitchik (2009), the author makes a logical argument about how Mexico’s impoverished economy is heavily dependent on migrant workers and how it has affected an indigenous people. Zaitchik is a freelance journalist who is affiliated with Poverty Law, a U.S. organization that supports ethnic and racial tolerance. He also has published articles in the Prague Post, the Prague Pill, Reason, and the New Republic. Zaitchik’s article attempts to convey the idea that Mexico’s economy is forcing
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