IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

L'impact de la crise financière internationale sur les transferts des migrants : le cas des travailleurs tadjiks

Listed author(s):
  • Marie Coiffard


    (LEPII - Laboratoire d'Économie de la Production et de l'Intégration Internationale - CNRS - Grenoble 2 UPMF - Université Pierre Mendès France)

Recently, migrants' remittances have become more and more important for many developing countries. Tajikistan, a landlocked country in Central Asia is no exception. Indeed, remittances sent by Tajik migrants in Russia reached more than 45% of Tajikistan's GDP in 2008 (World Bank, 2009). However, these transfers show a significant decline since the last quarter of 2008. The aim of this paper is to show that this decline is a consequence of the global financial crisis that began in the United States in 2007. The study of the determinants of Tajik transfers supports this thesis by highlighting the role of the Russian economic activity. Remittances seem to depend heavily on changes in Russian production and its rate of unemployment. However, the current crisis affecting these variables, indirectly impacts the Tajik economy through remittances. The hypothesis of countercyclicality of remittances should be rejected here, since remittances seem to be determined more by host country's variables than the origin country's ones. This result is explained by two main factors: Tajik migration flows are nearly unidirectional, thus, Tajikistan is highly dependant on its unique destination country; and the prevalence of altruistic motive. The global financial crisis seems to affect Tajikistan indirectly through the recession in Russia.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by HAL in its series Post-Print with number halshs-00504218.

in new window

Date of creation: 03 Jun 2010
Publication status: Published in XXVIe journées du développement de l'Association Tiers-Mondes "Crises et soutenabilité du développement", Bureau d'économie théorique et appliquée, Université de Strasbourg et Université Nancy 2, Association Tiers-Monde, Préludes, Jun 2010, Strasbourg, France
Handle: RePEc:hal:journl:halshs-00504218
Note: View the original document on HAL open archive server:
Contact details of provider: Web page:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

in new window

  1. Vargas-Silva, Carlos, 2008. "Are remittances manna from heaven? A look at the business cycle properties of remittances," The North American Journal of Economics and Finance, Elsevier, vol. 19(3), pages 290-303, December.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-00504218. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.