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Migration in the Context of Current Economic and Financial Crisis - Comparative Analysis

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Author Info

  • Balan, Mariana

    ()
    (Institute for Economic Forecasting, Romanian Academy)

  • Uzlau, Carmen

    ()
    (Institute for Economic Forecasting, Romanian Academy)

Abstract

The crisis of the global financial markets that struck the world economy in the mid 2008 affected the world economy as a whole; nevertheless, it also had a great impact upon the labour force market in the European countries. The migration dropped, differentiated by certain geographic areas. This work proposes an analysis of the migration phenomenon under the economic and financial crisis impact in certain countries of the European Union over the period 2007-2010. Recession in Europe has also determined a drop in remittance flows in 2009. The work presents a short description of the remittance flow evolution in some European countries and some empirical methods for assessing the crisis impact upon remittances. The impact of the crisis upon the migration phenomenon in some Central and Eastern European countries is also analyzed in the paper.

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File URL: http://www.ipe.ro/rjef/rjef_sup_2010/rjefSup_2010p82-99.pdf
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Bibliographic Info

Article provided by Institute for Economic Forecasting in its journal Romanian Journal for Economic Forecasting.

Volume (Year): (2010)
Issue (Month): 5 ()
Pages: 82-99

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Handle: RePEc:rjr:romjef:v::y:2010:i:5:p:82-99

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Related research

Keywords: migration; emigrants; immigrants; remittances; crisis;

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  1. Sanket Mohapatra & Dilip Ratha, 2010. "Impact of the Global Financial Crisis on Migration and Remittances," World Bank Other Operational Studies 10210, The World Bank.
  2. Dilip Ratha & Sanket Mohapatra & Ani Silwal, 2010. "Outlook for Remittance Flows 2010-11 : Remittance Flows to Developing Countries Remained Resilient in 2009, Expected to Recover During 2010-11," World Bank Other Operational Studies 10931, The World Bank.
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