THE ECONOMIC IMPACT OF LABOUR MIGRATION ON THE TURKISH ECONOMY

Authors : Emin ÇARIKÇI

Pages : 1-21

View : 33 | Download : 15

Publication Date : 1996-12-31

Article Type : Research Paper

Abstract :This study is mainly designed to proinfie a better understanding of the emnoiruc impact of international labour migration on the TurLsh Economy. Following the introduction and a bnef review' of causes of increasing temporary migration during the last 4 decades. complexity of measuruing benefical and detrimental effects of internafional labour migration is analyzed from the scopr of both exporting and importing countries in order to get better insight to the main topic. During the 1970's. remittances halt been used to finnnce a growing share of Turkey's imports. Without remittances. Turkev would not have achieved higher economic growth rate, and increase in its  exports capacities.   The Turkish expenence shows that the spending patterns of migrant workers tend to be highly affected by change in national economic policies notably in foreign exchange rates and interest rate policies. This study clearly explains that in most migration literature, inflationarv impact of remittances are exaggerated, and the contribution of durable goods and housing sectors to economic development and growth is under-estimated.
Keywords : international labour migration, turkish economy