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FLOW OF REMITTANCES CONTRIBUTION TO ENHANCE FINANCIAL RESILIENCE OF THE DEVELOPING COUNTRIES

Anatolie Caraganciu and Angela Belobrov

Revista Economica, 2012, vol. Supplement, issue 1, 133-137

Abstract: In recent years the emerging and developed economies were face a series of crises: food crisis, oil crisis and financial crisis. The capacity of resistance of the economy was put to test. During this time some economies have either resisted or were affected by the consequences of the crisis differently. In the latest financial research on operate with a new term - financial resilience. In this paper we purpose to precise of the concept of financial resilience and presents comparative analysis of resilience of different financial flows.

Date: 2012
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