| Summary/Abstract |
This article analyzes the growing role of migrants’ remittances in the new reality created by the significant changes in the functioning of the global and national economy. It attempts to show that economic development based on the use of primarily recurring external financial sources pegged to indicators of threshold values of the external debt under formation and indicators for retaining macroeconomic stability is creating significant risks.
The author examines the dynamics of the volume of migrants’ remittances in this respect, as well as their importance for Tajikistan’s economic and social development, particularly in ensuring the country’s macroeconomic stability. This is shown in the drawing up of a new National Mid-Term Development Strategy.
The article also states the need for taking efficient steps to transform remittances into investment and financial assets; in the near future, they should be used to create the country’s production potential. This will create conditions not only for making the Tajik economy less dependent on external factors, but also allow it to gain additional advantages from its accession to the WTO.
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