REFUGEE ECONOMIES: A MULTIFOCI THEORETICAL EXTENSION.

AuthorPopescu, Gheorghe H.
PositionReport
  1. Introduction

    Refugee economies is the resource distribution systems (Taylor et al., 2016) with regard to a displaced community. Whether in the formal or informal spheres (Betts, 2015), refugee populations are frequently assimilated within dynamic and intricate economic systems. Interventions should endeavor to either enhance current markets or to enable refugees to more adequately involve with the latter. (Betts et al., 2016)

  2. Literature Review

    Refugees supply a considerable betterment to the host country (Taylor et al., 2016) in the involvement they make via their own human capital as a source of labor. When refugees are granted the right to work and freedom of action (Wood Mah and Lynn Rivers, 2016), they can be instrumental in the national economy. Refugee families are likely to branch out their source of revenue portfolio via diverse income-generating undertakings, spreading risk instead of depending on a particular member's returns. Refugees activate mostly as independent managers in their economic operations. In addition to mobile phones and the internet, numerous refugees produce and employ suitable technologies (Betts, 2015), established on regionally accessible resources, and economically and socially applicable to the setting in which it is utilized, as intrinsic components of their means of support. (Betts et al., 2016)

  3. Methodology

    Using data from Bloomberg, the European Commission, the International Organization for Migration, the United Nations High Commissioner for Refugees, and the United Nations Office for the Coordination of Humanitarian Affairs, I performed analyses and made estimates regarding the economic operations of refugees and displaced communities.

  4. Results and Discussion

    Humanitarian assistance for refugees is not constantly provided: as refugee cases become prolonged, donor groups may diminish their concern in furthering protracted refugee caseloads and degrees of global aid for them are considerably decreased or completely discontinued. Interventions that intend to advance refugees' feasible sources of revenue should be contingent on a rigorous and far-reaching grasp of current markets (Betts, 2015) and the private business spheres within which refugees are earning enough to support themselves. (Betts et al., 2016) (Figures 1-7)

  5. Conclusions

    My findings significantly extend the literature on the economic operations of refugees and displaced communities, general and particular characteristics of refugees'...

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