REMITTANCES AS AN IMPORTANT SOURCE OF INCOME IN KOSOVO
Abstract
This study aims to explain the positive role played by remittances in terms of development and their impact on income. In practice, remittances are regular payments of emigrants (workers who send money to their families in the country of origin). In the largest number of cases, remittances are transfers between people living in developed and developing countries, so with lower living standard. International emigration from Kosovo is among the highest in the world. Today, every third or fourth family has a family member living abroad. Based on empirical studies and measurements, world literature concludes that in the early stages of migration, migrant income is used at large as a livelihood for benefiting families, such as the needs for food, clothing, and health care. For the purpose of this paperwork primary data, (Survey) and secondary data are used. I've uses a questionnaire structured with closed questions. The model used is - the experimental study, the sample that is used is a deliberate champion. As a conclusion, remittances help in reducing private consumption and improve living conditions, as well as help to overcome financial constraints for investment in education and health, which are then reflected in poverty alleviation for beneficiaries.
JEL: D10, F24, E64
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References
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DOI: http://dx.doi.org/10.46827/ejefr.v0i0.202
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