Migration And Poverty

Running head : NameInstitutionCourseTutorDateMigration and the associated remittances make a difference to penury because the number of people who mig account from a outlandish and go to work in other countries send money to their individual countries . Such remittances reduce the mendi stackcy levels of the senders relatives and contacts back home (Oishi , 2005 , pp . 10 . Remittances also increase the average household income in a nation , gum olibanum making the citizens to live above the poverty . The poverty rates of a nation are then minimized (Khawaja , 2003 , pp . 33 . When used in the nation , the remittances can alleviate poverty levels since the money is used to purchase products make in the nation .

Such funds can thus benefit the local producers who may lack a busy market for their goods (Rodrik , D 2002The major stumbling blocks of remittances are that it can place to inflation within the respective country , thus negatively impacting on the exchange and interest rates . This is because the rates imagine on the amount of remittance coming into a country (Taylor , 1992 pp . 200 Remittances also furbish up the economic growth rate of a country since it provides money for the basic requirements of the citizens . The citizens workings aptitude is thus reduced for they can access their basic requirements without working . In turn , the country s Gross Domestic harvest-home is minimized , a situation that reduces the nation income (Jones , 1998 . Remittances can affect the household migration , thus affecting the country...If you want to get a full essay, order it on our website: Ordercustompaper.com

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