IOM Moldova - A new survey completed by the IOM and ILO in March 2009 shows that 20 per cent of Moldovans who received remittances in 2008 no longer do so as a direct result of the current economic crisis affecting Moldovans abroad.
According to the nationwide survey, 68 per cent of the 2,000 respondent households [...]
New report finds labour migration and remittances stagnated in 2008
The year 2008 marks a turning point in the evolution of labour migration and remittances in Moldova. Since the late 1990s, the number of Moldovan migrants abroad and the inflow of remittances had grown consistently year after year. As a result, household disposable incomes as well [...]
By Rayhan Demetrie
[BBC News], Dushanbe - Usually at this time of the year, thousands of migrants would be travelling abroad in search of seasonal work.
Last year over a million Tajiks found work abroad, mainly on construction sites in Russia.
But the Russian building industry is at a standstill, and as a result Tajikistan is experiencing a [...]
The financial crisis that is affecting the industrialized countries is now beginning to hit the migrant workers, hard. Mr. Dilip Ratha, a senior economist at the World Bank, reports “a serious moderation in the growth of remittances”. The decline will be less severe than for other flows such as foreign investment, but its effects will [...]
