International Conference on Eurasian Economies
5-7 October 2017 – Bishkek, KYRGYZSTAN
Paper detail
Paper ID : 2020
Status : Paper published
Language : Turkish
Topic : Macroeconomics
Presenter: Asst. Prof. Dr. Damira Baigonushova
Session : 2B Büyüme II
The Relationship Between Remittances and Growth Fluctuations in Kyrgyzstan
Kırgızistan’da İşçi Gelirleri ile Büyümedeki Dalgalanmalar Arasındaki İlişki
- Prof. Dr. Hakan Çetintaş (Balıkesir Univesity, Türkiye)
- Asst. Prof. Dr. Damira Baigonushova (Kyrgyz-Turkish Manas University, Kyrgyzstan)
Abstract
As it can be seen from the statistics, the workers' remittances are one of the most prevalent income sources for the developing countries and they can affect many macro variables such as economic growth, foreign exchange rates, consumption, investment and price stability. Therefore, the relevance of labor migration and remittances issues is increasing day by day. The aim of this study is to examine the relationship between the fluctuations of remittances coming to Kyrgyzstan from Russia and the fluctuations in Kyrgyzstan and Russian economies. The results of empiric analysis show that both the remittances and GDP of Kyrgyzstan are affected by the business cycles in Russian economy.
JEL codes:
Çetintaş, Hakan, Baigonushova, Damira (2017). "The Relationship Between Remittances and Growth Fluctuations in Kyrgyzstan" in Proceedings of International Conference of Eurasian Economies 2017, pp.169-176, Bishkek, KYRGYZSTAN.
DOI: https://doi.org/10.36880/C09.02020
