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

Mariana Nicolae-Balan () and Carmen Uzlau

Journal for Economic Forecasting, 2010, issue 5, 82-99

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.

Keywords: migration; emigrants; immigrants; remittances; crisis (search for similar items in EconPapers)
JEL-codes: C2 C51 J21 O15 R23 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:rjr:romjef:v::y:2010:i:5:p:82-99

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