"The objective of this paper is to present microeconomic evidence on the economic effects of international remittances … on households' spending decisions. Remittances can increase the household budget and reduce liquidity constraint problems …, allowing more consumption and investment. In particular, remittances can afford investing in children's human capital, a key …

Bangladesh, India, Pakistan and Sri Lanka have all experienced a sharp increase in remittances during the past decade …, and are the countries among the top 20 receivers of remittances. The report provides a strategic overview of key issues … relating to the remittances industry in the South Asia region, and, builds on recent Bank research on the subject, that …