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Migration and Remittances in the Former Soviet Union Countries of Central Asia and the South Caucasus : What Are the Long-Term Macroeconomic Consequences? (Английский)

Armenia, Georgia, the Kyrgyz Republic, and Tajikistan have all experienced substantial out-migration of workers and an associated inflow of workers' remittances over the past two decades. These four countries have much higher human capital, as measured by the Human Capital Index, than is typical for countries with similar levels of per capita income, and this may enable migrant workers to exploit opportunities to work in economies where labor productivity...
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