The USV Annals of Economics and Public Administration, Vol 19, No 1(29) (2019)

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THE IMPACTS OF REMITTANCES TO SOUTHEAST ASIAN COUNTRIES

Nghiêm Xuân Khoát, Nguyễn Thị Huyền Trang, Lê Thị Thoa

Abstract


Developing countries are heavily influenced by international financial flows: remittances, foreign direct investment (FDI), and official foreign aid (ODA). According to the World Bank (2016), in developing countries, remittances are becoming an important source of external funding, surpassing that of official development assistance (ODA). Thus, the article addresses the impact of remittances on a number of Southeast Asian countries with high remittances (Philippines, Vietnam, Thailand and Indonesia) on both positive and negative aspects. Thereby, suggest some ideas to increase the efficiency of using remittances in the development of social life in general as well as in economic development in particular

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                     Ştefan cel Mare University of Suceava                   Faculty of Economics, Administration and Business
 

 

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