The influence of remittances on macroeconomical figures in Ukraine

DOI

10.2991/smtesm-19.2019.5How to use a DOI?

Keywords

international labor force migration, remittances, economic growth

Abstract

During last ten years an increase of amount of the remittances, as well as its importance among the sources of foreign capital in the list of developing countries, is mentioned. The share of remittances in GDP of some countries grew so dramatically, that it caused the economical dependence from their labor emigrants. Ukraine is also involved in the international labor force migration processes. Ukraine is in the TOP-10 countries of origin of international labor migrants and in the TOP-10 of countries according to the amount of the received remittances (14,4 billion of U.S. dollars in 2018). From the 2009 the amount of remittances in Ukraine is larger than amount of the foreign direct investment. The interdependence between remittances and main macro economical figures in Ukraine during the period between 1997 and 2018 is analyzed in the paper.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Oleksandr Chernyak
AU  - Yevgen Chernyak
AU  - Yurii Horobets
PY  - 2019/09
DA  - 2019/09
TI  - The influence of remittances on macroeconomical figures in Ukraine
BT  - Proceedings of the 6th International Conference on Strategies, Models and Technologies of Economic Systems Management (SMTESM 2019)
PB  - Atlantis Press
SP  - 20
EP  - 24
SN  - 2352-5428
UR  - https://doi.org/10.2991/smtesm-19.2019.5
DO  - 10.2991/smtesm-19.2019.5
ID  - Chernyak2019/09
ER  -