remittances had a positive and significant impact on the changes in domestic currency real unit labor costs in the transition …

associated inflow of workers' remittances over the past two decades. These four countries have much higher human capital, as … workers' remittances has had effects analogous to those of Dutch disease in the Kyrgyz Republic and Tajikistan, which have …-Samuelson adjusted real exchange rates, and poor trade performance. In Armenia and Georgia, where remittances are a smaller share of …

As in many countries, the economies of Eastern Europe, the Caucasus and Central Asia (EECCA) have been negatively …