Remittances are becoming an important source of external financing for developing countries. For some developing countries it forms almost 40-50% of their GDP. This study undertakes impact analysis of remittances on poverty in developing countries at two levels. Firstly, it estimates the impact of remittances on poverty in 77 developing countries. Secondly, separate analyses are undertaken for 29 developing countries and 21 Asian developing counties, which have 5% or more share of remittances in GDP.
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