European research network CASE published a report analysing the effects of remittances on the economy. Remittances are money streams that are associated with emigrants sending money to family back home. Poland is the 17th largest recipient of remittances in the world, remittances constituting up to 1.5% of its GDP in 2011. Remittances were highest in 2006-2007, but fell again as the economic crisis hit countries of destination. Remittances contributed to Poland’s economic growth and, the authors claim, limited income inequality because remittances went to less developed regions.
English: http://www.case-research.eu/sites/default/files/publications/2012-12_Barbone.pdf
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.