The Method For Estimating The Impact Of Migrants' Remittances On The Financial And Economic Development Of A Country

• Authors: Liana Chernobay , Sviatoslav Malibroda

Abstracts

EN

The study presents a method for estimating the financial and economic impact of personal remittances on economic development migrants’ origin country. The relevance of the study refers to the high dependence of such countries on migrants' remittances. The developed method includes estimating the share of GDP, internal consumption, savings, imports and net cash flow in the balance of payments caused by remittances impact. Obtained estimation provides evidence of significant positive impact of remittances on receiving countries as their GDP, depending on the country, may decrease even for 5% when remittances drop for 10%.

Keywords

EN

migration; remittances; estimation; method; GDP; balance of payments

• Publisher: Wyższa Szkoła Ekonomiczno-Humanistyczna w Bielsku-Białej
• Journal: MIND Journal
• Year: 2020
• Issue: 10
• Pages: 1-21

Contributors

author

Liana Chernobay

author

Sviatoslav Malibroda

Identifiers

DOI

10.36228/MJ.10/2020.5

Biblioteka Nauki

1402404