Mobilizing Remittances for Productive Use: A Policy-oriented Approach

The potential for remittances to reduce poverty and economic vulnerability, improve family welfare and stimulate economic development has been of special interest to the governments everywhere. For this to take place, the formulation and implementation of effective remittance-augmenting policies and strategies is the core. This paper thus looks at the different policies initiated by some countries. Policy alternatives for Nepal are then suggested for mobilizing remittances for productive use.