Marginalization risks of remittance dependant population of the Republic of Moldova

Abstract

This article emphasizes the importance of remittances on Moldovan income and economic growth. As a result of the increase in the flow of migrants, remittances have become an important factor in the country‘s GDP (in 2017, 20.6% of GDP). According to the Household Budget Survey the income from remittances directly affects the welfare of Moldovan households. In this study, the dependency of marginalized categories of the population (families with many children, elderly people and rural population) on the remittances of Moldovan migrants is analyzed. In rural areas, remittances account for more than 20% of the average disposable income.