IMF Special Issues

Migration and Remittances in Moldova

By Milan M Cuc, Erik J. Lundback, Edgardo Ruggiero

January 19, 2006

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Milan M Cuc, Erik J. Lundback, and Edgardo Ruggiero. Migration and Remittances in Moldova, (USA: International Monetary Fund, 2006) accessed November 21, 2024

Summary

Labor migration and remittances, which have increasingly become a part of the global landscape, have profound economic and social consequences. Moldova, a small low-income country where an estimated one-third of the economically active population has been working abroad, is an interesting illustration of this trend. Drawing on household survey data, this Special Issues paper explains why Moldovan workers go abroad and how their remittances are used. With this background, it provides insights into policy challenges of coping with, and maximizing benefits from, international labor mobility and the large inflows of remittances.

Subject: Balance of payments, Business environment, Economic sectors, Labor, Migration, Outward remittances, Population and demographics, Remittances

Keywords: Business environment, Central and Eastern Europe, Eastern Europe, Emigration trend, Europe, Global, IMF staff estimate, ISI, Labor migration, Labor migration literature, Migrant, Migration, Moldovan migrant, Outward remittances, Remittance, Remittance flow, Remittances, SI, Social indicator, Western Europe, Workers' remittance

Publication Details

  • Pages:

    79

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  • Series:

    IMF Special Issues

  • Stock No:

    ISIEA2005008

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