Migration and remittances: between economic dependence and development opportunity in the Republic of Moldova [Articol]

Abstract

Purpose of the article: The article analyzes the role of migration and remittances in the economy of the Republic of Moldova, highlighting the contrast between the economic dependence on diaspora funds and their potential for sustainable development. Methodology: The research is based on the analysis of statistical data provided by the National Bank of Moldova, the National Bureau of Statistics, and international organizations such as the World Bank. Quantitative methods were used to evaluate the volume and destination of remittances, along with qualitative methods – including public policy analysis and interviews with economists and diaspora representatives – to understand the social and economic impact of migration. Conclusions: The analysis shows that although remittances significantly contribute to house hold consumption and poverty reduction, they also create structural vulnerabilities in the economy due to a lack of productive investments and reliance on external factors. However, through coherent public policies, remittances can become a driver of local development and entrepreneurship. Originality: The article addresses a current issue from a critical and constructive perspective, proposing solutions for leveraging the economic potential of remittances in the Republic of Moldova – a topic relatively under explored in national academic literature.