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 affect on the Economy and Internal Stability of Tajikistan (Name (Course Title (Name of SupervisorBackground to theWhile the dissemble of the global economic crisis have been felt in the march on industrialized countries , the ripple effect is still starting to be felt in developing regions including Central Asia . The photograph of the countries in Central Asia to the impact of the global economic crisis is largely collectible to high levels of economic dependence on remittances from migrant workers tough in Russia The economic slowdown of Russia and other foreign countries with substantial migrant workers from Central Asia led to unemployment of migrant workers resulting in the discipline of remittances . This in turn caused the slowdown of the Central Asian economies interdependent on remittances as source of aggregate incomeTajikistan is one area in Central Asia with a high degree 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 gross 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 economy of Tajikistan has a strong impact on business . The step-down in household income influences domestic consumption , which affects both local anaesthetic industries and imports . The global decline in demand also adversely affects...If you want to get a full essay, order it on our website: Ordercustompaper.com

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