Remittances and their Impact on the Czech Economy

Šimková, Martina; Langhamrová, Jitka

doi:10.18267/j.pep.548

Cited by 4 publications

(4 citation statements)

References 15 publications

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“…Orestivna () shows that RMO has a positive impact on GDP in Poland. Šimková and Langhamrová () evaluate the association between RMO and the Czech economy and find a positive effect of RMO on GDP.…”

Section: Literature Reviewmentioning

confidence: 99%

Does Remittance Outflow Stimulate or Retard Economic Growth?

Khan

Tao

et al. 2019

International Migration

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This article evaluates the association between remittance outflow (RMO) and economic growth in the Gulf Cooperation Council (GCC) countries. The results of this evaluation indicate that RMO Granger creates gross domestic product (GDP) per capita in three countries, namely, Bahrain, Oman and Saudi Arabia. Similarly, the results for causality from GDP per capita to RMO are significant for four countries, namely, Bahrain, Kuwait, Qatar, and Saudi Arabia. The findings differ from those of the household consumption model, stating that higher RMO will decrease economic activity. GDP per capita is the main determinant of RMO, suggesting that economic growth promises and encourages continuous RMO and vice versa. The adverse impact of RMO can be minimized by encouraging the local population to be productive in the private sector, as local productivity will reduce the huge influx of foreign workers and provide valuable local investment opportunities to lessen the amount being remitted.

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Section: Literature Reviewmentioning

confidence: 99%

Does Remittance Outflow Stimulate or Retard Economic Growth?

Khan

Tao

et al. 2019

International Migration

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“…in both the home and host countries (Stark and Bloom, 1985;El-Sakka and McNabb, 1999;Buch and Kuckulenz, 2004). On the macro level, the relationship between remittances and national characteristics like government expenditures and the GDP of immigrant and emigrant country are also researched (Hathroubi and Aloui, 2016;Akkoyunlu and Kholodilin, 2008;Vargas-Silva 2008;Šimková and Langhamrová, 2015). Furthermore, the authors in this domain investigate the determinants of remittances and their impact.…”

Section: Literature Reviewmentioning

confidence: 99%

Untitled

2022

Zb. rad. Ekon. fak. Rij.

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Emigration flows and their relations with economic development can be observed through different aspects, where one of the important questions is the role of the remittances, and transfer of foreign money to home countries. The objective of this study is to investigate the impact of remittances on economic development in Central and Eastern European countries. A review of previous research on the role of emigration and the impact of remittances on economic development is presented in the first part of the paper. This is followed by panel data analysis. The analysis covers the period after the enlargement of the European Union (EU) in 2004 till the nowadays. The results confirm the positive and statistically significant influence of personal remittances on the economic development of the new EU member states, as well as the positive and statistically significant influence of final consumption, gross fixed capital formation, external trade balance, and foreign direct investments. The positive influence of remittances on economic development should be observed with caution, regarding that remittances are the results of emigration and also are connected with the unfavourable effects of emigration. This study adds to previous research about the significance of remittances in the economies of the new EU member states.

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“…V Česku se výzkum na téma migrace a rozvoje soustředí převážně na remitence a jejich dopady na rozvoj na obecné úrovni (za všechny například Stojanov, Strielkowski, Drbohlav 2011), z pohledu efektivnosti vynaložených prostředků (Stojanov, Novosák 2008), dopady na Ukrajinu (Drbohlav 2015) nebo pro české prostředí (Šimková, Langhamrová 2015;Stojanov 2015).…”

Section: úVodunclassified

“…In Czechia, research into migration and development has been primarily focused on remittances and their impact on development at a general level (for example, Stojanov, Strielkowski, Drbohlav 2011), in terms of cost-effectiveness (Stojanov, Novosák 2008), the impact on Ukraine (Drbohlav 2015) or the Czech environment (Šimková, Langhamrová 2015;Stojanov 2015).…”

Section: Závěrmentioning

confidence: 99%

Coherence of Czech migration and development policy at the beginning of a recession (2008–2010)

2016

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This article presents an analysis of the coherence between Czech migration and development policy and the key instruments used in each of these policies at the beginning of the economic crisis lasting from 2008 to 2010. In this way, the article opens a vital question of the extent with which the policies are coherent or, on the contrary, they are opposed. The theoretical part of the article places the topic in the wider context of research into migration and development. The next section offers a brief analysis of the evolution of migration and development policy in Czechia. The empirical part presents the results of a qualitative research, based on semi-structured in-depth interviews conducted in 2010 and 2011 with 21 experts from public and academic institutions, the non-governmental sector and private lawyers dealing with the issue of migration to the country. An analysis of these interviews indicates that the coherence between Czech migration and development policy in fact does not exist as there are direct contradictions between the various approaches and tools used.

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Remittances and their Impact on the Czech Economy

Cited by 4 publications

References 15 publications

Does Remittance Outflow Stimulate or Retard Economic Growth?

Does Remittance Outflow Stimulate or Retard Economic Growth?

Untitled

Coherence of Czech migration and development policy at the beginning of a recession (2008–2010)

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