Abstract
Background: The globalisation is a concept that has driven diversification but at the same time brought many disparities among the regions. This signifies that remittances sent by migrant workers might have a substantial positive influence on consumption or income and a substantial negative influence on poverty. At the level of household, reliance on remittances leads to productive activities of neglecting families whereas, at a regional and community level, it might also result in an upsurge in inequality among families receiving remittances.
Aims: The study aims to investigate the impact of workers’ remittances on poverty levels in Asian countries because most of the existing literature is found in the context of European countries or other developed states, and emerging countries have received a lack of concern.
Method: The researcher employed a secondary quantitative approach under which data of 12 emerging economies in Asia for the years 2001 to 2020 were collected.
Introduction
Poverty remains as one of the major concerns in the majority of Asian states, creating discomfort for millions of people and slowing down the development of the entire economy. With the process of globalization in place, worker remittances have become one of the considerable factors that can contribute to the drive down poverty. These include the international migration flows also known as the capital transfers through migrant remittances that vitally contribute to increasing the household income, consumption, and hence standard of living (Cui et al. 2023).
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