Consequences of Temporary Migration and Remittances for Sri Lankan Individuals, Household and Communities

Abstract

The study is designed to determine the economic and social impact of Sri Lankan returnees from Korea, and the influence of Korea on the country and the labour migrants. This is estimated through four indicators, namely the level of poverty reduction, economic improvement, social influence and growth of women empowerment in the country. According to accepted economic theories, such international migration is beneficial in improving the socio economic status of the country, particularly migration from Korea, due the Korean Foreign Policy. However, the limitation was that not all economic groups were benefited equally. Another interesting finding was that women migration to Korea was considerably less than to other countries. Furthermore, while short term migration showed positive consequences, migration for longer periods required more planning and support from other stakeholders, and this is one area where the state could come in.