Dynamics of remittances in Georgia

The explanatory note examines the dynamics of remittances in Georgia after the dissolution of the Soviet Union. Amount of remittances has been increasing in Georgia steadily, experiencing a slight decline in 2008 as a result of the World crisis, but were able to regenerate and almost reach the precrisis level two years later. For many Georgian families remittances present a stable source of income. However, impact of remittances on macro and micro levels is not extensively studied in Georgian context ? exciting studies rather focus on their amount, destinations, and consumption patterns of remittance receiving households.Consortium for Applied Research on International Migration (CARIM-East) is co-financed by the European University Institute and the European Unio