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Remittance in Nepal

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  • For the period between 1976 and 2017, this study investigates the relation from remittances and trade to economic growth. Study applied time series econometric techniques; unit root, cointegration and error correction mechanism to examine long-run and short-run association between dependent and independent variables. Outcome confirms a long-run relationship between remittance, trade and economic growth. However, no short-run causal relationship exists between remittances and economic growth, but trade showed significant influence even in the short run in GDP for the period of analysis.

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  • Foreign employment is an important part of Nepalese labour market. The national poverty reduction strategy and the previous plans have given priority to foreign employment as a source of labour absorption and poverty alleviation. This study focuses on Nepalese labour market condition, foreign employment, remittance inflow and their contribution on national economy. In Nepal, foreign employment and remittance inflow have been issues of concern over the last two decades. In this connection foreign employment was estimated to be 4.

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