Remittances and Poverty in Albania
(2009)Department of Economics
- Abstract
- With increasing labor and capital mobility in the world, remittance flows have risen significantly to become the second source after FDI of external funding for developing countries. Remittances are now viewed by many development practitioners as an important development tool for recipient countries. This paper studies the impact of remittances on poverty in Albania –one of the top 20 remittance-receiving countriesin the world. It is found that remittances have a significant impact on the reduction of absolute povertyin the country by directly raising household income and consumption. However, sinceemigration is costly, remittances do not reach the poorest individuals, which can have a negative impact on inequality. Moreover, there seems... (More)
- With increasing labor and capital mobility in the world, remittance flows have risen significantly to become the second source after FDI of external funding for developing countries. Remittances are now viewed by many development practitioners as an important development tool for recipient countries. This paper studies the impact of remittances on poverty in Albania –one of the top 20 remittance-receiving countriesin the world. It is found that remittances have a significant impact on the reduction of absolute povertyin the country by directly raising household income and consumption. However, sinceemigration is costly, remittances do not reach the poorest individuals, which can have a negative impact on inequality. Moreover, there seems to be a high degree of dependency on remittances in Albania, both on the micro and macro level. Therefore, the sustainability of this source of income is of special concern. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1487481
- author
- Hoti, Erudita
- supervisor
- organization
- year
- 2009
- type
- M2 - Bachelor Degree
- subject
- keywords
- remittances, migration, poverty, consumption, inequality, trade balance, Economics, econometrics, economic theory, economic systems, economic policy, Nationalekonomi, ekonometri, ekonomisk teori, ekonomiska system, ekonomisk politik
- language
- English
- id
- 1487481
- date added to LUP
- 2009-10-08 00:00:00
- date last changed
- 2010-08-03 10:52:51
@misc{1487481,
abstract = {{With increasing labor and capital mobility in the world, remittance flows have risen significantly to become the second source after FDI of external funding for developing countries. Remittances are now viewed by many development practitioners as an important development tool for recipient countries. This paper studies the impact of remittances on poverty in Albania –one of the top 20 remittance-receiving countriesin the world. It is found that remittances have a significant impact on the reduction of absolute povertyin the country by directly raising household income and consumption. However, sinceemigration is costly, remittances do not reach the poorest individuals, which can have a negative impact on inequality. Moreover, there seems to be a high degree of dependency on remittances in Albania, both on the micro and macro level. Therefore, the sustainability of this source of income is of special concern.}},
author = {{Hoti, Erudita}},
language = {{eng}},
note = {{Student Paper}},
title = {{Remittances and Poverty in Albania}},
year = {{2009}},
}