The Threat Of The Global Financial Crises On The Remitances Of Tajik Migrant Workers And The Impact On Economy And Internal Stability Of Tajikistan

The Threat of the Global Financial Crises on the Remittances of Tajik Migrant Workers and the arrogate on the Economy and Internal Stability of Tajikistan (Name (Course Title (Name of SupervisorBackground to theWhile the regard of the global economic crisis have been felt in the run into on industrialized countries , the ripple effect is still get-go to be felt in developing regions including Central Asia . The rupture of the countries in Central Asia to the impact of the global economic crisis is mostly collectible to high levels of economic dependence on remittances from migrator workers tough in Russia The economic slowdown of Russia and other contradictory countries with substantial migrant workers from Central Asia led to unemployment of migrant workers resulting in the discipline of remittances . This in turn cause d the slowdown of the Central Asiatic economies interdependent on remittances as source of aggregate incomeTajikistan is nonpareil area in Central Asia with a high class of vulnerability to the decline in remittances .

Remittances from migrant workers comprise 36 share (International Labour Organization , 2008 ) to 45 percent (Klare , 2009 ) of Tajikistan s piggy interior(prenominal) product . This makes Tajikistan one of the Central Asian countries highly reliant on migrant worker remittances . The fiscal situation of Tajikistan is go towards continuing deficit (Jardaneh , 2009The slowdown in the domestic delivery of Tajikistan has a strong impact on busines! s . The leave office in household income influences domestic consumption , which affects both local anaesthetic industries and imports . The global decline in demand besides adversely affects...If you want to get a full essay, value it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper