Workers’ Remittances and Growth Linkages in Pakistan
DOI:
https://doi.org/10.26710/reads.v2i2.126Keywords:
Worker Remittances, Gross Domestic Product, Govt. Expenditure, Health Expenditure, Private SavingAbstract
Remittances are considered as the cash inflows to the economy and are
imperative international source of revenue for most of the less
developed countries (LDCs). For data analysis, the Ordinary least square
estimation technique was employed to the time series data for the years
1981 to 2010. This research comes with the conclusion that level of
GDP is positively associated with the worker’s remittances and the
findings also support the optimistic view of remittances. It is suggested
that govt. should take serious steps and proper measures to utilize the
workers’ remittances so, that the economy will be on the right track
towards the development.
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