EFFECTIVENESS OF REMITTANCES IN IMPROVING THE WELL-BEING OF ALBANIAN FAMILIES

Massive immigration of the active labor force or “brain” of Albania had its effects following the period of collapse of communism in 1991. Since the first years, net incomes of the immigrants for their families influenced the improvement of miserable economic conditions during that period. In this study, through empirical revision, quantitative analysis of data and theoretical study of literature sources and different authors, we have explored the impact they have on the immigrants’ revenues in reducing poverty and socio-economic challenges among the Albanian families during the global crisis.