The impact of social and monetary diaspora remittances on society and economy of home countrу: The case of Serbia Cover Image

The impact of social and monetary diaspora remittances on society and economy of home countrу: The case of Serbia
The impact of social and monetary diaspora remittances on society and economy of home countrу: The case of Serbia

Author(s): Jovan V. Filipović, Zoran T. Milosavljević, Jelena V. Ruso
Subject(s): Social Sciences, Sociology, Social development, Economic development, Socio-Economic Research
Published by: Српско социолошко друштво
Keywords: social remittances;monetary remittances;societal impacts;economic impacts;highly-skilled Serbian diaspora

Summary/Abstract: The paper provides an overview of both social and monetary diaspora remittances and their societal and economic impacts. Since migration is never a sole “muscle drain” (labor power drain), but always to a certain extent a “brain drain”, the study analyzes possible effects of high-skilled international migration (highly-skilled diaspora). In addition, the pros and cons of monetary remittances are summarized and analyzed. Being among the countries with the largest Diasporas relative to the total nation’s population, Serbia represents a rich case study for societal and economic impacts of social and monetary diaspora remittances.

  • Issue Year: 56/2022
  • Issue No: 3
  • Page Range: 873-903
  • Page Count: 31
  • Language: English, Serbian