The inflow of remittances to Bhutan: 'A blessing or a curse'

B.A. Tshering DORJI, B.A.

Master's thesis

Abstract:

This thesis explores the inflow of remittances to Bhutan and investigates whether they are a 'blessing or a curse' for the country. The study addresses two research questions: What are the positive aspects of remittances in Bhutan? And what are the negative aspects of remittances in Bhutan? The objectives of the study are to analyze the positive impact of remittances on Bhutan, assess the potential negative consequences of remittances, and identify best practices for maximizing the benefits of remittances while minimizing the potential negative consequences. The study employs qualitative research methods based on interviews with people involved in remitting, and thematic analysis is used to interpret the data. The findings reveal that remittances positively impact Bhutan's economy and society, including economic growth, poverty reduction, enhanced social dynamics, and family relations. However, there are also potential negative consequences, such as the risk of over-reliance on remittances, the loss of skilled labor through brain drain, appreciation of the currency, and rural-urban migration. The study provides insights and recommendations for policymakers and stakeholders to ensure that remittances are utilized effectively for the benefit of Bhutan's economy and society

Keywords

Remittance, Bhutan, Impacts, Migration, Emigration

Language used: English

Date on which the thesis was submitted / produced: 2. 5. 2023

Thesis defence

• Supervisor: Lucie Macková, M.A., Ph.D.

Palacký University Olomouc

Faculty of Science

Master programme / field:
Development Studies and Foresight / Development Studies and Foresight - specialization in International Development Studies