The Negative Long Term Effects of Remittance Inflow in Bosnia and Herzegovina
Publisher: Analytical
Volume:14 pages, pdf
Description
Remittances play a crucial role in many countries’ economies, sometimes making up a very significant portion of the gross domestic product. How the inflow of remittances is used and whether their effects are strong enough to create significant impact on microeconomic and macroeconomic levels has been debated. While some authors argue that remittance inflow provides positive effects on a country’s economy through growth and productivity, others state that the effects are minimal and even detrimental in some cases.