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Evolutions Of Remittance Flow During The Economic-Financial Crisis

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Author Info

  • Mariana BALAN

    ()
    (Athenaeum University of Bucharest)

  • Liliana SIMIONESCU

    ()
    (Athenaeum University of Bucharest)

  • Vlad IORDACHE

    ()
    (Academy of Economic Studies Bucharest)

Abstract

The global financial markets crisis that hit the world economy at the middle of 2008 affected the global economy as a whole, but had also a major impact over the workforce markets in the European countries and by default over the remittance volume achieved by emigrants. The migration phenomenon has seen a decrease process, however differently, according to various geographic areas. The present work intends to achieve a brief analysis of the migration phenomenon under the financial crisis impact in certain European Union countries during 2007-2010. The recession at European level also determined for 2009 a decrease of remittance flows. The work presents a brief evolution of the remittance flow in certain countries from Central and Eastern Europe.

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Bibliographic Info

Article provided by Athenaeum University of Bucharest in its journal Internal Auditing and Risk Management.

Volume (Year): 1 (2011)
Issue (Month): 6(21) (March)
Pages: 69-80

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Handle: RePEc:ath:journl:tome:21:y:2011(vi):i:6(21):p:69-80

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Web page: http://www.univath.ro/facultati/facultatea_de_stiinte_economice
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Related research

Keywords: emigrants; immigrants; remittances; crisis;

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