Open AccessFINANCIAL INDICATORS OF INFLUENCE OF REMITTANCES OF LABOR MIGRANTS ON SOCIAL AND ECONOMIC DEVELOPMENT OF HOUSEHOLD
Author(s) -
Nadiia Yasynska
Publication year - 2018
Publication title -
svìt fìnansìv
Language(s) - English
Resource type - Journals
eISSN - 2415-3672
pISSN - 1818-5754
DOI - 10.35774/sf2018.02.123
Subject(s) - socioeconomic status , ukrainian , immigration , socioeconomic development , economics , business , payment , demographic economics , labour economics , economic growth , finance , population , geography , linguistics , philosophy , demography , archaeology , sociology
. In the model of demographic transition and with the expansion of migration flows, the remittances of labor migrants tactically solve the problems of strengthening the socioeconomic status of households. Further studies are requiring questions of financial preconditions and consequences of the impact of remittances of labor migrants on the socioeconomic development of Ukrainian households.Purposelies in identify modern financial indicators that influence the personal decisions regarding remittances of labor migrants for the socio-economic development of the households they receive.Results. It has been determinedthe primary cause of the socioeconomic status of households about regarding the adoption of a decision on labor migration. The positive impact of remittances on the socio-economic behavior of households with labor migrants who make these transfers is determined in paper. There has been carried out a classification of financial factors that affect the movement of money from migrants to their households in Ukraine. It has been systematizedtheinformation on remittances through international payment systems and services of credit and bank institutions in Poland, Russia, the United States and Italy. The differences in the prerequisites of the financial behavior of immigrants are indicated in this paper.Conclusions. The impact of migration processes continues to grow, as under present conditions, migration mobility is one of the elements of the most dynamic process of development of productive forces, which is based on the material provision of households. Along with this, financial relations are developing dynamically, in which labor migrants take an active part. Infrastructure of the same financial market offers affordable services for ensuring the movement and liquidity of household finances. This allowed to distinguish financial indicators of identification and assessment of migratory flows from socio-economic, identify the root causes, evaluate them for the development of households and the state.