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Remittances’ side effects on economy: comparative approach of the Republic of Moldova and other ex-socialist countries

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cris.sourceIdoai:irek.ase.md:123456789/1816
dc.creatorBenea-Popușoi, Elina
dc.creatorArivonici, Polina
dc.date2022-01-11T13:30:33Z
dc.date2022-01-11T13:30:33Z
dc.date2021-06
dc.date.accessioned2023-11-13T10:20:58Z
dc.date.available2023-11-13T10:20:58Z
dc.descriptionBENEA-POPUȘOI, Elina, ARIVONICI, Polina. Remittances’ side effects on economy: comparative approach of the Republic of Moldova and other ex-socialist countries. In: Center for Studies in European Integration Working Papers Series. June 2021, issue 17, pp. 26-33. ISSN 2537-6187.
dc.descriptionThe purpose of our research has been to ascertain and elaborate on why some countries could not take advantage of migrants’ remittances or even are experiencing some adverse side effects due to them. Moreover, the paper aims to identify an adequate set of policy recommendations for the remittances dependent countries. In order to elucidate the multiple implications of remittances, apart from introduction, literature review, and conclusions, we have structured the research into 3 sub-chapters, examining the connection between remittances and some macroeconomic issues, investment climate in remittances recipient countries, and drawing some policy recommendations. To generate and analyse data we have relied on both qualitative and quantitative secondary data analyses. For quantitative data, we used statistical analysis of relevant indexes elaborated by the World Bank and the Heritage Foundation. While for the qualitative approach, we used thematic analysis of the bibliographic sources. A major finding of our research is that there is a thin line between remittances’ pros and cons, since in fact almost every short-run advantage can turn out into a long-run side effect, primarily as a result of mismanagement and conspicuous consumption of these financial inflows, due to unfavorable business climate and decreased marginal propensity to investment of the population. Therefore, the benefits and adverse side effects of remittances are interdependent.
dc.formatapplication/pdf
dc.identifier2537-6187
dc.identifierhttps://irek.ase.md:443/xmlui/handle/123456789/1816
dc.identifier.urihttps://cris.ase.md/handle/123456789/3198
dc.languageen
dc.publisherASEM
dc.relationCSEI Working Papers Series;issue 17
dc.subjectremittances
dc.subjectremittances dependent countries
dc.subjectremittances’ side effects
dc.subjectmigration
dc.subjectmarginal propensity to invest
dc.subjectinvestment
dc.subjectresource trap
dc.subjectex-socialist countries
dc.titleRemittances’ side effects on economy: comparative approach of the Republic of Moldova and other ex-socialist countries
dc.typeArticle
dspace.entity.typePublication
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