End use impacts of migrant remittances to households in the Southeastern region of Nigeria

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IDL-52316.pdf (488.25 KB)

Date

2013

Authors

Journal Title

Journal ISSN

Volume Title

Publisher

Department of Economics, UNN Nigeria

Abstract

This study assesses the end use impacts of migrant remittances to Nigerian households. Survey findings show the huge inflow of migrant remittances not only increases money in circulation but also positively improves households’ standard of living generally. International remittance flows have proven to be more stable than any other external financial flow (Foreign Direct Investment [FDI], Official Development Assistance [ODA] or other forms of external financing). Migrant remittance into Nigeria is impressively high; World Bank indicators show that Nigeria’s remittance stood at 5.4 billion US dollars (2006) and 10 billion US dollars (2010).

Description

Keywords

REMITTANCES, POVERTY ALLEVIATION, STANDARD OF LIVING, NIGERIA, ECONOMIC GROWTH, MONETARY TRANSFERS, MIGRANT WORKERS, SOUTH OF SAHARA

Citation

URI

http://hdl.handle.net/10625/52316

DOI

Collections

IDRC Research Results / Résultats de recherches du CRDI
2010-2019 / Années 2010-2019
Research Results (SIG) / Résultats de recherches (CPT)