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The Impact Of Remittance Flows On The Labour Market Of Romania And The Eu Countries

Author

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  • Carmen Boghean
  • Mihaela State

Abstract

Remittance flows have become a very important external source of financial flows for numerous countries, with visible effects on the economic growth and the increased financial stability of these countries. The labour force of Romania can be described as significantly diminishing, as a consequence of the workers' migration abroad and due to the increasing demographic aging of the population. The lack of well-trained labour resources leads to the decreased competitiveness throughout the European Union. The purpose of this paper is to analyse the effects of migration through remittance flows on the labour market, by using the data base of the World Bank and of the European Commission, for the period 2000-2013.

Suggested Citation

  • Carmen Boghean & Mihaela State, 2014. "The Impact Of Remittance Flows On The Labour Market Of Romania And The Eu Countries," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(16), pages 1-3.
  • Handle: RePEc:alu:journl:v:2:y:2014:i:16:p:3
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    More about this item

    Keywords

    remittances; employment rate; labour market;

    JEL classification:

    • F24 - International Economics - - International Factor Movements and International Business - - - Remittances
    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers

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