Albania lost $ 1.2bln in 16 years due to emigration: Bruegel report
A recently published report tends to shed some light on the impact that emigration has on the economy of different countries, including Albania, which is one of the most affected countries by this phenomenon.
Just a few days ago, the latest data of the European Asylum Office showed that Albanians in 2017 were the only Europeans present on the list of asylum seekers, those who are the largest repeaters of claims, as well as those who have made the smallest progress compared to any other nationality of the world in this regard.
So the phenomenon continues to be present, and the damages in the Albanian economy are colossal. According to the report titled; “People on the Move, Migration and Mobility in the European Union” , Albania is one of the countries facing the highest costs as a result of large-scale emigration, along with countries such as Romania, Montenegro, Latvia and Lithuania.
The report was published by Bruegel, a Brussels based think tank specializing in economic policy research and one of the largest and most prestigious in this regard in the world.
According to the report, the Albanian economy has lost every year since 1999, from 0.6% to 0.9% of its GDP as a result of the mobility.
The study refers to the years 1999-2014, but as the phenomenon continues to be present in our society then it would not be too much to say that these norms are actual.
According to a simple account, these rates are translated into a loss of up to $ 1.2 billion of the Albanian economy over the timeframe of the 16 years taken into consideration.
So, while emigrants are a great help for the domestic economy, the best indicator of which are remittances, their departure seems to have a measurable cost for the Albanian economy in overall.
*Material i përgatitur nga portali SCAN. Ripublikimi mund të bëhet vetëm kundrejt citimit të autorësisë dhe burimit origjinal.