Economic Growth and Inflow of Remittances: Do They Combat Poverty in an Emerging Economy?

Saqlain Latif Satti, Muhammad Shahid Hassan, Fozia Hayat, Sudharshan Reddy Paramati

    Research output: Contribution to journalArticlepeer-review

    7 Citations (Scopus)

    Abstract

    Poverty is such a social problem which itself begets so many socio-economic evils in a country. It never lets the government of a country to sit easy and focus on some other issues. Almost all countries who are running through this lurch; at there, governments, policy advisors and researchers are always busy in formulating strategies to combat poverty. Therefore; feeling the significance of the topic, this study is designed to empirically test the impact of economic growth, workers remittances, rural population and literacy rate on poverty in Pakistan. The empirical findings of the study reveal that economic growth; workers' remittances and rural population significantly deteriorate poverty. Moreover; it has found that there exists bidirectional causality between economic growth and poverty and between workers’ remittances and poverty in Pakistan.

    Original languageEnglish
    Pages (from-to)1119-1134
    Number of pages16
    JournalSocial Indicators Research
    Volume127
    Issue number3
    Early online date17 Jun 2015
    DOIs
    Publication statusPublished - 1 Jul 2016

    Keywords

    • Economic growth
    • Pakistan
    • Poverty
    • Remittances

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