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The Sustainable Importance Of Remittances And Their Role In Economic Development. The Case Of Romania

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Author Info

  • Liana SON

    ()
    (University of the West of Timiºoara, ROMANIA)

  • Iudith MOISE

    (University of the West of Timiºoara, ROMANIA)

  • Iulia PARA

    (University of the West of Timiºoara, ROMANIA)

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    Abstract

    The increasing amplitude of migrants and remittences in the last years, especially toward the developing countries has positive effects on development in the countries of origin. Empiric research outline the potentially significant effect of remittances on the economy of a country in various ways, as a source of external financing, contributing to the growth and economic development, to the increase of the national income and stimulation of consumption, and at the same time, important in financing households, contributing to poverty decrease. These challenges are a priority for Romania, an emigration country that receives every year un important volume of remittances, but, at present with a preponderant role in the consumption.

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    Bibliographic Info

    Article provided by Institute of National Economy in its journal Romanian Journal of Economics.

    Volume (Year): 28 (2009(XIX))
    Issue (Month): 1(37) (June)
    Pages: 113-133

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    Handle: RePEc:ine:journl:v:1:y:2009:i:37:p:113-133

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    Related research

    Keywords: international migration; remittances; economic development;

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