Determinants and impacts of international remittances on household welfare in Vietnam

Datos Bibliográficos

ID4388757
AutoresWade Donald Pfau, Long Thanh Giang (0000-0002-6296-0563, National Economics University)
Año2009
Volumen60
Número197-198
Páginas431-443
Fecha de publicación2009-09-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaInternational Social Science Journal (JOURNAL)
Identificadores de la revistaISSN: 0020-8701 • E-ISSN: 1468-2451
EditorialWiley (PUBLISHER • GB)
DOI10.1111/j.1468-2451.2010.01733.x
PMID20726141
OpenAlexW2097622925
IdiomaEN
Citas recibidas14
Referencias citadas11

Remittances can potentially help to promote economic development by providing a mechanism to share risks, reduce poverty and improve equality. However, from the viewpoint of economic theory the overall impacts of remittances are uncertain, as different mechanisms lead to opposite impacts. Since the 1990s Vietnam has experienced a dramatic growth in remittance flows from abroad. Vietnam is a unique case for study, as economic motives historically played a smaller role in outward migration than in other countries. Fortunately, household survey data are available for this time period, allowing for a detailed analysis of the impacts of international remittances on Vietnam. Specifically, we examine the characteristics of recipients and the impacts of international remittances on economic inequality and poverty. We conclude that international remittances are helping to improve equality. For this reason, new development policies must also account for their potential impacts on remittance flows

Developing country · Development economics · Economic growth · Economic inequality · Economic welfare · Economics · Inequality · International economics · Market economy · Poverty · Remittance · Welfare · Diaspora, migration, transnational identity · Migration and Labor Dynamics · Migration, Ethnicity, and Economy