Migrant Remittances as a Source of Financing for Entrepreneurship

Jakhongir Kakhkharov

Research output: Contribution to journalArticlepeer-review

7 Citations (Scopus)

Abstract

The aim of this research is to analyse the likelihood of small business ownership by households receiving remittances in Uzbekistan. As such, this research has important policy implications. Small businesses are crucial for job creation and economic growth. This research shows that households receiving remittances invest in family business only when this inflow is supplemented with sufficient income or savings. Therefore, financial constraints are of paramount importance for a small business and these could be especially hard to overcome in rural areas. The article also finds evidence that remittance senders direct their funds into special business projects.

Original languageEnglish
Pages (from-to)37-55
Number of pages19
JournalInternational Migration
Volume57
Issue number5
DOIs
Publication statusPublished - 1 Oct 2019
Externally publishedYes

Keywords

  • small business ownership
  • Entrepreneurship
  • labour migrants
  • Uzbekistan

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