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Remittances in the Republic of Moldova:Lost opportunities

Author

Listed:
  • Alexandru STRATAN

    () (Institute of Economy,Finance and Statistics,Republic of Moldova)

  • Marcel CHISTRUGA

    () (Institute of Economy,Finance and Statistics,Republic of Moldova)

Abstract

The article covers the problem of the relationship between remittances and economic growth as well as the use of remittances for productive investment in order to contribute to long-run development. Also, there are given some stylized facts of remittances in the Republic of Moldova and their impact over the national economy. Because of its business and investment climate, because of its financial system and macroeconomic policies that were conducted, Moldova has lost almost all opportunities to benefit from remittances.

Suggested Citation

  • Alexandru STRATAN & Marcel CHISTRUGA, 2011. "Remittances in the Republic of Moldova:Lost opportunities," Romanian Journal of Economics, Institute of National Economy, vol. 32(1(41)), pages 5-18, June.
  • Handle: RePEc:ine:journl:v:1:y:2011:i:41:p:5-18
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    More about this item

    Keywords

    remittances; economic growth; investment; human capital; inflation; consumption; savings.;

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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