Potential and Problems of Remittance Use: A Case of Some Villages in Comilla
Abstract
Foreign remittance
has become a vital economic force in the rural society of Bangladesh. A
significant portion of labor force has been staying out side country and
sending remittance. This micro-study focuses some key areas of remittance use
as well as process and flow of remittance send by the migrant workers. Process
of sending remittance is another important issue of discussion of this study.
It is observed in the study that the institution cannot play dominant role in
the process of remittance transfer. Consumption is the major portion of the
remittance use but repaying debt is the major parts of remittance are being
used. The use of remittance in investment though is low in frequency and
quantity but the households have intention of doing that in future after
repaying debt.
Country : Bangladesh
1 Mihir Kumar Roy2 Salah Uddin Ibne Syed3 Md Shakil
Professor & Dean, Faculty of Business Administration, City University, Dhaka, Bangladesh
Lecturer (Finance & Banking) Department of Business Administration, City University, Dhaka & Assistant Research Fellow, Independent Perception & Research Hub, Dhaka, Bangladesh
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