Bangladesh: Selected Issues
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This Selected Issues paper analyzes the surprising strength of remittances in Bangladesh and other countries in South Asia and the Philippines in 2009. The empirical analysis suggests that the continued strong growth of remittances in these countries is related to the resilience of non-oil GDP growth in the GCC countries and the surge in the GCC countries’ hiring of migrant workers from South Asia during 2006–08. The remittances-to-GDP ratio in South Asia and the Philippines are likely to remain robust in the near term.
Series:
Country Report No. 2010/056
Subject:
Balance of payments Current account Current account balance Foreign exchange Labor Migrant labor Real effective exchange rates Remittances
English
Publication Date:
February 25, 2010
ISBN/ISSN:
9781451804300/1934-7685
Stock No:
1BGDEA2010003
Pages:
29
Please address any questions about this title to publications@imf.org