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dc.contributor.advisor임은미-
dc.contributor.authorBHATTARAI, Binita-
dc.creatorBHATTARAI, Binita-
dc.date.accessioned2016-08-26T12:08:52Z-
dc.date.available2016-08-26T12:08:52Z-
dc.date.issued2012-
dc.identifier.otherOAK-000000071786-
dc.identifier.urihttps://dspace.ewha.ac.kr/handle/2015.oak/189839-
dc.identifier.urihttp://dcollection.ewha.ac.kr/jsp/common/DcLoOrgPer.jsp?sItemId=000000071786-
dc.description.abstractThere has been a rapid increase in remittance inflows in Nepal since the last decade. Contribution of remittance to foreign exchange earning exceeds export, foreign direct investment (FDI) and foreign aid but economic growth is not improving simultaneously. This study shows that, a major portion of remittance is being used on consumption and other non-productive sectors including real estate and investments in gold; resulting from the poor investment environment caused by political instability and inadequate infrastructure. Lack of incentives to invest remittance in the productive sectors and lack of entrepreneurial skills to operate small scale business have also posed as obstacles to transform remittances into economic growth. Furthermore, remittances increase the dependency of the remittance recipients. Huge outflows of productive youth created labour shortages in the agricultural sector, contributing to the decline of this sector over the years. As a result, remittances are not contributing to the sustainable economic growth, instead it increases trade deficits. This study therefore recommends that government should provide an investment friendly environment and incentives to promote economic growth through the productive use of remittances as well as training to develop entrepreneurial skills to the remittance recipients and to promote small and medium enterprises.;약 지난 십 년간, 개발 도상국에의 송금액 유입량은 급격하게 증가해왔다. 송금액이 외환 소득에 기여하는 정도는 수출, FDI, 외국 원조를 능가하지만, 국가의 경제발전이 그에 상응하게 증가한 것은 아니다. 따라서 이 연구는, 정치적 불안정과 불충분한 사회기반 사실 등으로 인하여 야기된 우호적이지 않은 투자 환경으로 인해, 송금액의 대부분이 소비와 그 밖의 비 생산적 영역 (부동산, 금 등)에 소비된다는 것을 보여줄 것이다. 송금액을 생산영역에 투자할 유인의 부족과, 작은 규모의 사업을 운영하기 위한 기업가정신이나 기술의 부족 등 역시 송금액이 경제 발전으로 쓰이는 것을 저해하는 요소들이다. 게다가, 송금액은 송금액 수원자들의 의존도를 증가시킨다. 생산성이 높은 젊은이들의 유출은 농업분야에서의 노동력 부족을 야기하였고, 이에 농업분야의 생산량은 해마다 감소해왔다. 그 결과, 송금액은 지속 가능한 경제 개발에 기여하지 못하고, 무역 적자를 증가시켰다. 따라서, 이 연구는 정부가 보다 투자에 우호적인 환경을 조성하고, 송금액의 생산적인 사용을 통하여 성장을 촉진할 유인을 장려하며, 송금액 수원자들이 작은 규모의 사업을 운영할 수 있도록 돕는 기업가 정신이나 기술을 발전시킬 수 있는 훈련을 제공할 것을 권고한다. 그렇지 않을 경우에, 송금액은 국내 경제와 지속 가능한 발전에 기대되는 정도의 기여를 하지 못할 것이다.-
dc.description.tableofcontentsI. INTRODUCTION 1 II. LITERATURE REVIEW 9 A. Remittance and development 10 1. Convergence theory: optimistic view of remittance 11 2. Divergence theory: pessimistic view of remittance 13 B. Motives to remit 16 C. Women, foreign employment and remittance 20 D. Foreign employment and its impacts on Nepal 23 E. Remittance and economic growth in Nepal: An analytical framework 29 III. OVERVIEW OF EMPLOYMENT, REMITTANCE, AND ECONOMIC GROWTH IN NEPAL 34 A. Contextual background of country and employment status 34 1. Labour force participation and underemployment 35 2. Trends and destination of foreign employment 37 B. Workers remittance as the source of foreign income 41 1. Contribution of remittances to the national economy 44 2. Remittance and trade balance 46 C. Economic growth performance 48 IV. INVESTMENT CLIMATE, GOVERNMENT POLICIES, AND USES OF REMITTANCES 53 A. Constraints to investment and growth 53 1. Political instability 53 1.1. Political party related trade unions/ rigid labour relation 57 2. Quality of infrastructure 59 2.1. Transportation 59 2.2. Energy Crisis 61 3. Lack of entrepreneurial skills for self-employment and small scale business 63 3.1. Governments efforts to develop skilled labour force 63 B. Foreign labour policy and governments initiatives to use remittance 67 1. Foreign Employment Act, 2007 68 2. Foreign Employment Bond (FEB) 70 C. Uses of remittances 72 D. Entrepreneur behavior of remittance receiving households 78 E. Foreign employment and labour supply in the rural agricultural areas 81 V. FINDINGS AND POLICY IMPLICATIONS 85 A. Findings 85 B. Policy implications 87 REFERENCES 92 ABSTRACT IN KOREAN 106-
dc.formatapplication/pdf-
dc.format.extent1142829 bytes-
dc.languageeng-
dc.publisher이화여자대학교 국제대학원-
dc.subject.ddc300-
dc.titleBooming Remittance and Stagnated Economic Growth-
dc.typeMaster's Thesis-
dc.title.subtitleA Case Analysis of Nepal-
dc.format.pageix, 107 p.-
dc.identifier.thesisdegreeMaster-
dc.identifier.major국제대학원 국제학과-
dc.date.awarded2012. 8-
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