EMIGRATION AND ITS IMPACT ON THE SENDING COUNTRY. SOCIAL AND ECONOMIC EFFECTS FOR ROMANIA
EMIGRATION AND ITS IMPACT ON THE SENDING COUNTRY. SOCIAL AND ECONOMIC EFFECTS FOR ROMANIA
Author(s): Mihai Rareș Bircea, Mihaela KardosSubject(s): Economic policy, Economic development, Migration Studies, Socio-Economic Research
Published by: Oikos institut-Istraživački centar Bijeljina
Keywords: Emigration; Economic Implications; Social Dynamics; Remittances;
Summary/Abstract: The topic of emigration and its global impact are significant due to several intertwined economic and social implications. The articles aims to investigate the emigration effects on the sending country, such as the effects of labor force loss, together with transformations in social dynamics and demographic shifts in order to understand and address their complex challenges.The research was conducted based on a survey, which was conducted on a sample size of 535 participants, aged between 18 to 63 years old, of which more than a third were females, and data were processed with statistical methods to emphasize the multifaceted impacts of these trends. Key findings highlight that economically, remittances from the diaspora contribute significantly to household incomes in Romania, offering support to many families and local economies. However, the loss of human capital, particularly skilled workers, imposes a long-term challenge to vital sectors and long-term development. Socially, emigration has led to altered family, resulting in a generation of children alienated from their families, with potential psychological effects. This research offers crucial insights into the complex dynamics of emigration, providing valuable insights for policymakers to address its challenges through strategies mitigating negative outcomes while optimizing the benefits of emigration.
Journal: COLLECTION OF PAPERS NEW ECONOMY
- Issue Year: 2/2024
- Issue No: 1
- Page Range: 79-96
- Page Count: 18
- Language: English
