Looking forward and including migration in development: remittance leveraging opportunities for Moldova
By Manuel Orozco
International Organization for Migration-Moldova, December 4, 2007
This report provides an analysis of the impact of remittances in Moldova, particularly paying attention to the trends among remittance recipients, and the challenges to better leverage their income. Drawing from lessons and experiences in other countries about the ways in which remittance transfers are leveraged, this study provides recommendations to the Moldovan government and private sector. The study is based on field work interviews with banking institutions, government agencies, international organizations, and other non-governmental institutions. Moreover, statistical analysis was used to analyze household survey data commissioned in 2006 by the International Organization for Migration’s mission in Moldova, as well as survey data on remittance recipient households retrieving their money at banks and a survey of household members of Savings and Credit Associations.