Abstract:
Flow of investments' remittances in Bangladesh exhibited a continuously increasing trend over the last 30
years in both absolute and relative terms. It is now well-documented that foreign remittances have an
utmost importance in the socioeconomic development of Bangladesh economy, especially in the rural
areas. This paper has explored the determinants and investment behavior of foreign remittances in rural
Bangladesh. The study has used the data and information on 502 rural international remittance receiving
households from 30 clusters over six former divisions of Bangladesh. The present study have been
identified the predictors of household investments from remittances by using multiple binary logistic
regression analysis along with typical descriptive statistical tools and techniques. The distribution of
investment at household level along with the necessary elements are drawing Lorenz curve. The Gini
concentration ratios are also estimated at 0.497 for the overall households, which indicate a higher
inequality of investment among the survey households. The results suggest that about 50% of the
investment of the community is concentrated in the hands of few peoples and the rest of the investment is
all distributed among the major portion of the households of the study area.
