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Remittances, A Factor For Poverty Reduction

Author

Listed:
  • Constantin ANGHELACHE

    (Bucharest University of Economic Studies/„Artifex" University of Bucharest)

  • Ion PARTACHI

    (ASE Moldova)

  • Madalina-Gabriela ANGHEL

    („Artifex" University of Bucharest)

  • Georgiana NITA

    (Bucharest University of Economic Studies)

Abstract

In this article, we intend to analysis of poverty, poverty measures and indicators, as well as a presentation of the economic models for analyzing the impact of remittances on poverty. Poverty is the effect of a country’s level of development, materialized in the Gross Domestic Product per capita indicator. A particular significance regarding the standard of life is given by the purchasing power parity indicator. A specific aspect of Romania, as a member state of the European Union, is the migration of a large number of people in the other states. As a result of the use of the European directive on the free movement of the person and thus of the labor force, the remittance or, for the sake of all, the repatriation of the sums of those who work abroad and their taxation is emerging. The free movement of persons within the member states of the European Union also has an effect on the labor market in Romania. Without this „movement”, the labor market would suffocate, and the unemployment figure would reach unprecedented levels.

Suggested Citation

  • Constantin ANGHELACHE & Ion PARTACHI & Madalina-Gabriela ANGHEL & Georgiana NITA, 2017. "Remittances, A Factor For Poverty Reduction," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(5), pages 59-66, May.
  • Handle: RePEc:rsr:supplm:v:65:y:2017:i:5:p:59-66
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    poverty; indicators; quality of life; remittances; positive influence;
    All these keywords.

    JEL classification:

    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private
    • P36 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty
    • P46 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty

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