The Influence of Remittances on Education and Health Outcomes: an Analysis for South Asian Countries

Remittances all over the world play significant role in improving the standard of living of the people in general. Broadly it is difficult to analyze all the characteristics of life standards and, usually researcher look at the educational or health indicators, which are the major concerns of every household. In this study, we also explored the effect of international remittances on educational and health indicators for selected South Asian countries. Our findings show that remittances play a vital role in enhancing health attainment for instance, escalating life expectancy, slashing infant mortality and fertility rate. The Two-Stage Least Square (2SLS) technique has been applied. Upshots of our study suggest that flow of remittances is one of the significant sources for economic development. It is viewed that high migration rate effect only health variables but a little improvement has been observed for educational attainment in South Asian region