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Migration in the Context of Current Economic and Financial Crisis - Comparative Analysis

Author

Listed:
  • Balan, Mariana

    (Institute for Economic Forecasting, Romanian Academy)

  • Uzlau, Carmen

    (Institute for Economic Forecasting, Romanian Academy)

Abstract

The crisis of the global financial markets that struck the world economy in the mid 2008 affected the world economy as a whole; nevertheless, it also had a great impact upon the labour force market in the European countries. The migration dropped, differentiated by certain geographic areas. This work proposes an analysis of the migration phenomenon under the economic and financial crisis impact in certain countries of the European Union over the period 2007-2010. Recession in Europe has also determined a drop in remittance flows in 2009. The work presents a short description of the remittance flow evolution in some European countries and some empirical methods for assessing the crisis impact upon remittances. The impact of the crisis upon the migration phenomenon in some Central and Eastern European countries is also analyzed in the paper.

Suggested Citation

  • Balan, Mariana & Uzlau, Carmen, 2010. "Migration in the Context of Current Economic and Financial Crisis - Comparative Analysis," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(5), pages 82-99.
    • Handle: RePEc:rjr:romjef:v::y:2010:i:5:p:82-99
    as

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    File URL: http://www.ipe.ro/rjef/rjef_sup_2010/rjefSup_2010p82-99.pdf
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    References listed on IDEAS

    as
    1. Mohapatra, Sanket & Ratha, Dilip, 2010. "Impact of the Global Financial Crisis on Migration and Remittances," World Bank - Economic Premise, The World Bank, issue 2, pages 1-8, February.
    2. Dilip Ratha & Sanket Mohapatra & Ani Silwal, 2010. "Outlook for Remittance Flows 2010-11 : Remittance Flows to Developing Countries Remained Resilient in 2009, Expected to Recover During 2010-11," World Bank Publications - Reports 10931, The World Bank Group.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    migration; emigrants; immigrants; remittances; crisis;
    All these keywords.

    JEL classification:

    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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