Serial Article
| DOI |
10.7336/academicus.2014.10.04 |
| URL |
https://academicus.edu.al/?subpage=volumes&nr=10 |
| Multiple Resolution: |
| MR URL |
https://academicus.edu.al |
| MR URL |
https://academicus.edu.al/nr10/Academicus-MMXIV-10-039-054.html |
| MR URL |
https://academicus.edu.al/nr10/Academicus-MMXIV-10-039-054.pdf |
| MR URL |
mailto:info@academicus.edu.al |
| MR URL |
https://academicus.edu.al/images/front_end/academicus.jpg |
| MR URL |
https://creativecommons.org/licenses/by-nc-nd/4.0/ |
| Acess Indicators: |
|
OA – Open Access |
| OA License |
https://creativecommons.org/licenses/by-nc-nd/4.0/ |
Full Title
English
(eng)
|
Academicus International Scientific Journal |
| Publisher (01) |
Academicus International Scientific Journal |
| Country of publication |
Albania
(AL)
|
|
ISSN
|
20793715 |
| Product Form |
Printed Journal
(JB)
|
|
ISSN
|
23091088 |
| Product Form |
Online Journal
(JD)
|
| Journal Volume Number |
10 |
| Journal Issue Date (YYYY/MM) |
2014 / 07 |
Title
English
(eng)
|
Economic crisis impact on Remittances and Migration level in Albania |
|
By (author)
(A01)
|
Adela Shera |
| Affiliation |
Faculty of Economy, University of Tirana, Albania, Dr. |
|
By (author)
(A01)
|
Ardita Shehaj |
| Affiliation |
Inspector, Abuse of dominant position Directory, Competition Authority, Albania, MSc. |
| Number of Pages |
16 |
| First Page |
39 |
| Last Page |
54 |
| Language of text |
English
(eng)
|
| Publication Date (YYYY/MM) |
2014 / 07 |
| Copyright |
2014, Academicus |
Abstract
Main description
(01)
|
Remittances of international migrants as the second largest flow of incomes contribute to the well-being of their households
of origin and also have an impact at macro-economic level. Out-migration is an effective means for low-income households to
quickly overcome shortages of income. The sustenance of poor households might have been more difficult without such remittances.
From a macro perspective, remittances contribute to the equalization of the income distribution among households having out-migrants.
Remittances have enforced the Albanian economy since 1992 especially they had a positive and large contribution in consumption
level, investment and GDP. But the economic crisis of 2008 has affected large sectors of the population in developed and developing
nations and international immigrants have not been the exception because there have been an economic downturn. Remittances
in Albania represent the second main source of incomes and this study documents the recent slowdown in workers’ remittances,
the money that international immigrants send back home. Current data indicates that remittance flows have slowed for all regions
of the globe. This paper tries to analyze the impact of the economic crisis on remittances level and also the negative impact
of their slowdown in the Albanian economy.
|
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