The Sustainable Importance Of Remittances And Their Role In Economic Development. The Case Of Romania
AbstractThe 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 InfoArticle provided by Institute of National Economy in its journal Romanian Journal of Economics.
Volume (Year): 28 (2009(XIX))
Issue (Month): 1(37) (June)
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international migration; remittances; economic development;
Find related papers by JEL classification:
- J0 - Labor and Demographic Economics - - General
- J6 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
- O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
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