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Remittances and their Effect on Education in Nepal

Aadit
Aadit
Hello! My name is Aadit Subedi, and my Polygence project is on Remittances and their Effect on Education in Nepal. I chose to work on this project because of the growing tendency of Nepalese workers to migrate to other countries. Now that my project is complete, I would like to submit it for publishing in a journal and present it at a symposium.
High School
Rato Bangala School
Graduation Year
2023
Student review
My mentor is very supportive and friendly. I loved working on my project with him. Moreover, Polygence conducted different webinars that helped in my project and beyond. Overall, it was a lovely experience.

View Polygence scholar page
Project description

Remittances are an increasingly significant contributor to the economy of Nepal. Personal remittances received as a percentage of GDP rose from 2.4% in 2001 to 24.1% as of 2020 (World Bank). For a heavy importer with no robust export industry, remittances are the primary foreign currency source and have grabbed the attention of many economists and policymakers. Remittances matter because they increase a family's disposable income, relax liquidity and budget constraints, and aid consumption smoothing, Calero, Bedi, A.S., and Sparrow (2009). Nepalese household recipients of remittances spend almost 80% on daily consumption, nearly double the average in South Asia, AKM Ullah (2017). Even though it was once commonly believed remittances had no effect on economic development, recent research and empirical evidence have found significant effects. Research on the effects of remittances specifically on education is mixed, with some showing positive and negative results. For example, Mansour, Chaaban, and Litchfield (2011) find that increasing remittances increase the opportunity cost of going to school, disincentivizing people from attaining an education, while Gibson and Mckenzie (2011) suggest that decisions to invest in education are motivated by possibilities of future migration. This paper synthesizes the literature and research on the effects of remittances on education, applies it specifically to Nepal’s context, and concludes the expected net impact of remittances on education in Nepal and the resulting policy implications.

Remittances and their Effect on Education in Nepal
Project outcome

I wrote a research that I am submitting for publication in a journal.


Paul
Paul
PhD Doctor of Philosophy
Subjects
Social Science, Business, Quantitative
Expertise
Economics; Public finance and tax policy; Law and public policy
Mentor review

He helped me narrow down my research interests, build a structure of my paper, and gave advice related to the topic as well as for my academic and professional career.

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