De zwager iasci 7.1 b

From transactions to relationships: Moving beyond remittances

Global Forum on Remittances and Development16-19 June 2015, Milan

Annual Expenditures, Remittances and Savings220

09

2012

2009

2012

2009

2012

EU/Other CIS Average EU/Other

FYU Average EU-North

EU-South

Non EU Average

Moldova Bosnia-Herzegovina Romania

€ 0

€ 5,000

€ 10,000

€ 15,000

€ 20,000

€ 25,000

€ 30,000

€ 35,000

€ 40,000€

7,56

0

€ 8,

916

€ 4,

020

€ 5,

424

€ 5,

880

€ 7,

284

€ 28

,716

€ 13

,500 €

23,9

88

€ 12

,348

€ 10

,999 € 18

,108

€ 11

,580

€ 4,108 € 2,984

€ 3,211€ 4,205 € 3,683

€ 3,556

€ 2,189

€ 1,211

€ 1,874

€ 2,139€ 2,189

€ 1,670

€ 2,157€ 5,

600

€ 7,

120

€ 3,

569

€ 5,

779

€ 4,

633

€ 6,

488

€ 9,

943

€ 5,

077

€ 8,

508

€ 10

,689

€ 8,

287

€ 12

,718

€ 9,

015

Annual HH Consumption Annual HH Remittance Values Annual NET HH Savings

Source: IASCI-CIVIS, 2009, 2012

Demand for services3

On-going coaching and advisory services

Recruitment and employment services

Better tailored travel services and products

Legal and financial planning services

Communication services

Savings and investment products

Medical and dental services

Return and integration assistance

0% 10% 20% 30% 40% 50% 60% 70% 80%

35%

35%

38%

32%

35%

32%

32%

31%

18%

24%

17%

18%

18%

18%

41%

24%

Interested Very interested Source: IASCI-CIVIS, 2009, 2012

Access to – and demand for – financial services4

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

31%

20%

23%

37%

26%

12%

14%

11%

13%

Private pensions

Debit / Credit Card

Fixed Term Deposit (at higher interest)

Health/Accident/Travel Insurance

Child Deposit/Education fund

Credit for education (student loan)

Credit for personal/consumer needs

Mortgage credit to build/buy a house/apartment

Business Credit (all categories)

-100% -80% -60% -40% -20% 0% 20% 40%

-92%

-77%

-79%

-58%

-92%

-94%

-90%

-94%

-94%

No DK/NA YesSource: IASCI-CIVIS, 2009, 2012

38

All Moldovan research was carried out in partnership by International Agency for Source Country Information (IASCI), Austria, and Centre for Sociological, Political and Psychological Analysis and Investigations (CIVIS), using IASCI methodologies also applied by that agency in BiH and Romania. The ‘2009/2010 DEVINPRO Moldova’ project was an EC-UN Joint Migration and Development Initiative..

The ‘2012/2015 NEXUS Moldova’ project, including its research component, is financed by the European Union (Thematic Programme of cooperation with third countries in the areas of Migration and Asylum) and co-financed by the Swiss Agency for Development and Cooperation.

The content of this presentation is the sole responsibility of IASCI and CIVIS. Nothing in this presentation reflects in any way the views or opinions of the respective sponsors, including: European Union, SDC, IOM, UN (including UNDP, UNFPA, UNHCR and ILO).