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Mar 21, 2014: This Week in #SouthAsiaDev

Liana Pistell's picture
We've rounded up 30 tweets, posts, links, and +1's on South Asia-related development news, innovation, and social good that caught our eye this week. Countries included: Afghanistan, Bangladesh ,India, Nepal, and Pakistan. For regular #SouthAsiaDev updates, follow us on Facebook and Twitter

Mar 14, 2014: This Week in #SouthAsiaDev

Joe Qian's picture
We've rounded up 20 tweets, posts, links, and +1's on South Asia-related development news, innovation, and social good that caught our eye this week. Countries included: Afghanistan, Bangladesh, BhutanIndia, The Maldives, Nepal, and Pakistan. For regular #SouthAsiaDev updates, follow us on Facebook and Twitter

Mar 7, 2014: This Week in #SouthAsiaDev

Liana Pistell's picture
We've rounded up 20 tweets, posts, links, and +1's on South Asia-related development news, innovation, and social good that caught our eye this week. Countries included: Afghanistan, Bangladesh, India, Nepal, Pakistan, Sri Lanka. For regular #SouthAsiaDev updates, follow us on Facebook and Twitter

Feb 28, 2014: This Week in #SouthAsiaDev

Liana Pistell's picture
We've rounded up 24 Tweets, posts, links, and +1's on South Asia-related development news, innovation, and social good that caught our eye this week. Countries included: Bhutan, Bangladesh, India, Nepal, Pakistan, Sri Lanka. For regular #SouthAsiaDev updates, follow us on Facebook and Twitter

Can International Remittances Be Unproductive in Recipient Countries? Not Really!

Zahid Hussain's picture
A recent Bangladesh Bank study reports that remittance sent by expatriates is mostly used for consumption and in the “non-productive” sectors in the country. The survey conducted in 2011 found 90% of remittances were used for meeting basic needs. Seventy-five percent of households receiving remittance spent those on food, 42% on loan repayment, 65% on education, 57% on treatment, 49% on marriage and 4% on running legal battles (multiple responses allowed).

The Week in #SouthAsiaDev

Liana Pistell's picture
We've rounded up 25 Tweets, posts, links, and +1's on South Asia-related development news, innovation, and social good that caught our eye this week. Countries included: Afghanistan, Bhutan, Bangladesh, India, Maldives, Nepal, Pakistan, Sri Lanka. 

The Tale of Minara Begum

Jahirul Islam's picture

Minara Begum is a very special lady in Amtoli Upazila of Barguna district, well known for her courage and hard work. Her determination to lift herself out of extreme poverty to a stable financial position has drawn the attention of many people in the locality. Her strength and resilience is evident in how she survived the devastating cyclone ‘Sidr’, which hit the coast of Bangladesh in 2007, and rebuilt her life afterwards.

Minara’s life had never been easy. Her first husband divorced her for not being able to bear children and her second husband was too ill to earn much. So she had to take up most of the burden of the family. With money she had received from her first husband, Minara bought a cow and slowly she was able to increase her livestock up to nine, which she sold in order to buy land. But misfortune struck her when cyclone Sidr destroyed her standing crops and smashed the roof of her house, which fell on her husband. Since then her husband has been suffering from back pain, unable to work as a day laborer in the field and has become totally dependent on Minara’s income.

Cyclone Sidr left Minara in a hopeless state - she had lost everything she had worked so hard for. She had no clothes; she could afford only one meal a day. Fortunately, she was selected as a beneficiary of the Livestock subcomponent of the Emergency Cyclone Recovery and Restoration Project (ECRRP) in 2010 and given training in the Livestock Farmers’ Field School (L-FFS). She received a livestock package of ten ducks, poultry feed and an improved poultry shed. At the time of delivery of the package, she had no livestock and the yearly income of her family was only Tk. 12,000 ($150) mostly from her wages as a day laborer. She had only 40 decimals of land, including her homestead.

Explaining the Recent Decline in Remittances in Bangladesh

Zahid Hussain's picture

Migrant workers sent $6.77 billion home to Bangladesh in July-December, down 8.41% from the same time a year ago. For the first time in recent memory, Bangladesh has experienced a decline in remittances in the first half of the fiscal year.

There are four factors that can potentially account for the decline in remittances: the stock of Bangladeshi migrants abroad, earnings per migrant worker, their average propensity to save, and their average propensity to remit money home out of those savings.

Explaining the Recent Decline in Remittances in Bangladesh

Zahid Hussain's picture

Migrant workers sent $6.77 billion home to Bangladesh in July-December, down 8.41% from the same time a year ago. For the first time in recent memory, Bangladesh has experienced a decline in remittances in the first half of the fiscal year.

There are four factors that can potentially account for the decline in remittances: the stock of Bangladeshi migrants abroad, earnings per migrant worker, their average propensity to save, and their average propensity to remit money home out of those savings.

The standard refrain appears to be that the flow of remittance has declined because the stock of Bangladeshi migrants abroad is not growing like it used to. This is because of two reasons. First, Bangladesh is failing to send more workers abroad to traditional markets and exploring new markets. Only 450,000 migrants managed oversees jobs in 2013, down by more than 33% from 680,000 in 2012. Second, the number of migrant workers returning to Bangladesh has also increased because the government could not resolve problems related to the legal status of Bangladeshi migrant labors in Saudi Arabia, the United Arab Emirates and Kuwait through diplomatic channels. Unfortunately, there is no reliable time series on the annual number of migrant returnees from abroad.

Is that the full story?  I doubt it although it is generally assumed that the current migrant workers are sending money home as per their maximum capacities and have little capacity to increase the flow.

With an Eye Toward the Future: Building Resilience in a Changing World

Habiba Gitay's picture

 Chatchai Somwat/Shutterstock

Typhoon Haiyan, the Category 5 super storm that devastated parts of the Philippines and killed thousands late last year, continues to remind us, tragically, of how vulnerable we are to weather-related disasters.

As the images of destruction and desperation continue to circle the globe, we’re also reminded that those most at risk when natural disaster strikes are the world’s poor – people who have little money to help them recover and who lack food security, access to clean water, sanitation and health services.

Over the last year, as one major extreme weather event after another wreaked havoc and claimed lives in the developing world, terms such as "resilience" and "loss and damage" have become part and parcel of our efforts here at the World Bank Group – and for good reason.

Developing countries have been facing mounting losses from floods, storms and droughts. Looking ahead, it’s been estimated that up to 325 million extremely poor people could be living in the 49 most hazard-prone countries in 2030, the majority in South Asia and Sub-Saharan Africa.

These scenarios are not compatible with the World Bank Group’s goal to reduce extreme poverty to less than 3 percent by 2030, or with our goal to promote shared prosperity.


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