The Relationship between Business Cycles and Remittances in Kyrgyzstan = Kırgızistan’da İşçi Gelirleri ile İktisadi Dalgalanmalar Arasındaki İlişki

Hakan ÇETİNTAŞ | Damira BAYGONUŞEVA

Remittances are one of the most important income sources for the developing countries and they have effect on many macro variables such as economic growth, exchange rates, consumption, investment and price stability. Kyrgyzstan was the sixth largest remittance recipient in the ECA region in 2016. Remittances become an important source of foreign exchange for Kyrgyzstan and Russia is the most popular destination for migrant workers from Kyrgyzstan. The majority of labor migrants are employed in Russia, and about 90% of remittances sent to Kyrgyzstan through official channels are transferred fro ...Более