ROMANIA AND THE INTERNATIONAL MIGRATION OF LABOR DURING THE GLOBAL CRISIS

The current economic crisis drastically reduced immigrant inflows due to high unemployment rates and fewer available work permits for migrant destination countries. Despite expectations, the return migration remained low because, in most of the cases, the origin country economic downturn was worse; the fall in remittances was also smaller than expected Concerning Romania, emigrants represent a considerable loss because they are still reflecting the reduced capacity of the Romanian economy to generate jobs and appropriate remuneration. During the crisis, the migration outflows continued to grow although the remittances significantly reduced, reflecting their downward evolution.