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001			pwiiw3244
003			OSt
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008			060710t2006 au ||||| |||| 00| ||eng d
040			_cOSt
041			_aeng
084			_aF22 _aO15 _aO16 _2jelc
100	1		_aPop, Daniel
245	1	0	_aThe Developmental Effectiveness of Remittances: Case Study on Huedin Town, Romania
260			_aWien : _bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw), _c2006.
490	1		_awiiw Balkan Observatory Working Papers _v64
520			_aRelying on survey data from Huedin, a town in Romania, we seek to provide an empirical evidence for the hypothesis according to which remittances could have either a positive or negative developmental impact at community level. For this, we inquire about the perceptions of migratory processes with focus on the possible effects of remittances in the local economy. Our first finding is that residents share a common view on the reasons of migration, namely that it has been triggered by the large pay levels that exists between the level of local and the Western European labor markets and that migration opportunity was enhanced by the lifting of visa requirements for Schengen countries. We have also found that remittances constitute a significant source of liquidity inflow and that the ways in which repatriated earnings were spent have influenced the performance of the local economy. We conclude that a reinterpretation of migration is required in order to capture the investment and entrepreneurial aspects of the phenomenon. In the formal model proposed in Appendix 2, we make a first attempt to conceptualise migration as a sector of the local economy in which migrants are entrepreneurs, who invest in migration activities to produce the composite commodity remittance.
650			_aRemittances
650			_amigration
650			_adevelopment
650			_aRomania
651			_aRomania
830		0	_v64 _wWIIW0000140 _twiiw Balkan Observatory Working Papers
856	4	0	_uhttps://wiiw.ac.at/p-3244.html
942			_cP _2z
999			_c8704 _d8704