This study examines the potential of remittances for promoting economic growth and reducing poverty in Asian countries … poverty rate, but they tend to decrease the poverty gap and thereby ameliorate the depth of poverty. The estimates suggest … that a 10% increase in remittances decreases the poverty gap by about 0.7-1.4%. The paper also explores the robustness of …

affect the household consumption expenditure and hence poverty. The findings suggest that reduction in remittances will … reduce gross domestic product, investment, and household consumption, which in turn will increase poverty. On the other hand …, the probability of households becoming poor decreases by 12.7% if they receive remittances. The poverty headcount ratio …