Saturday, March 17, 2012

Global crisis and migration from Armenia

The global financial crisis continues to leave its marks on the Armenian economy as can be gleaned from migration patterns. The number of those leaving the country has been outpacing those of arrivals in recent years, with the net figure peaking at around 44,000 in 2011. This represents a reversal of the growing net inflows witnessed in the first half of the decade.

Armenia is not unique in experiencing an increase in the outflow of migrants from developing countries in the aftermath of the Crisis. And the observed pattern continues to highlight the weak recovery of the Armenian economy. While this pales in comparison to the outflow experienced in the early 1990s, it nevertheless is a source of concern. It would be good to see some research on the attributes of these migrants, and on whether this is a temporary or permanent phenomenon.



Net Departures. For greater detail on arrivals and departures, see data page (under resources) of aea.am

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