MIGRANTS REMITTANCES: MICROECONOMIC AND MACROECONOMIC CONTEXTS

  • Andrej Přívara University of economics, Bratislava

Abstract

Global remittances flow has been rising considerably over the last decade. Their share in GDP reaches several tens of percent in some (especially developing) countries. That is why their impact on the country of the migrant`s origin has become a subject of controversial debate in the scientific community. This chapter provides a synthesis of views that have crystallized as part of an ongoing academic debate on remittance determinants and their impact on recipient countries. We aim to analyze the fundamental scientific opinions published on this topic and to outline possible directions for future research on migrant remittances. The chapter analyzes individual determinants as well as remittance effects on two levels: microeconomic and macroeconomic ones. The analysis concludes that remittances are an important source of external financing for the economies of developing countries. Nonetheless, they cannot be considered as a panacea for economic backwardness

Author Biography

Andrej Přívara, University of economics, Bratislava

Ing., PhD, work as Assistant Professor in Department of Social Development and Labour in University of economics, Bratislava, Slovak Republic.

Science interests: European social system, social psychology, organizational behavior and management, international labor market and transboundary movement of labor forces, problems of migrants socialization

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Published
2019-11-30
How to Cite
Přívara, A. (2019). MIGRANTS REMITTANCES: MICROECONOMIC AND MACROECONOMIC CONTEXTS. The EUrASEANs: Journal on Global Socio-Economic Dynamics, (6(`19), 51-58. Retrieved from https://euraseans.com/index.php/journal/article/view/173