International Remittances: A Source of Development Finance – Evidence from North Macedonia
Date Issued
2022-01
Author(s)
Jusufi, Learta
Abstract
The aim of this study is to provide a general overview of remittances received
in North Macedonia, their channels and cost of transmission, their country of origin, their
usage, as well as try to elaborate their potential impact in the economy. In North Macedonia
private transfers account for around 16% of the GDP per year. It is estimated that at least half
of these private transfers are consisted of cash remittances that directly contribute to
Macedonian households. Nevertheless, emigration and remittances are not tackled enough in
official surveys and policies, leaving no room for proper research in this regard.
in North Macedonia, their channels and cost of transmission, their country of origin, their
usage, as well as try to elaborate their potential impact in the economy. In North Macedonia
private transfers account for around 16% of the GDP per year. It is estimated that at least half
of these private transfers are consisted of cash remittances that directly contribute to
Macedonian households. Nevertheless, emigration and remittances are not tackled enough in
official surveys and policies, leaving no room for proper research in this regard.
Subjects
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Jovanovski. K., Jusufi. L.,.pdf
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