EVOLUTIONS OF REMITTANCE FLOW DURING THE ECONOMIC-FINANCIAL CRISIS
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Authors:
• Ph.D. Mariana BĂLAN, Afiliation: „Athenaeum” University
• Student Liliana SIMIONESCU, Afiliation: „Athenaeum” University
• Ph.D. Student Vlad IORDACHE, Afiliation: Academy of Economic StudiesPages:
• 73|84 -
Keywords: emigrants, immigrants, remittances, crisis
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Abstract:
The global financial markets crisis that hit the world economy at the middle of 2008 affected the global economy as a whole, but had also a major impact over the workforce markets in the European countries and by default over the remittance volume achieved by emigrants. The migration phenomenon has seen a decrease process, however differently, according to various geographic areas. The present work intends to achieve a brief analysis of the migration phenomenon under the financial crisis impact in certain European Union countries during 2007-2010. The recession at European level also determined for 2009 a decrease of remittance flows. The work presents a brief evolution of the remittance flow in certain countries from Central and Eastern Europe.
