ASSESSMENT OF PROCESSES AND MACROECONOMIC CONSEQUENCES OF INTERNATIONAL LABOR MIGRATION IN THE GLOBAL ECONOMY

Keywords: international migration, international labor market, global economy, migration corridors, cross-border movements, age and gender structure of international migrants

Abstract

The article is devoted to the study of current trends in the field of international labor migration and identifies promising areas for effective regulation within the global economy. In the process of research a number of specific scientific methods were used: structural, functional, situational analysis, comparisons, grouping, statistical analysis, methods of analogies and expert assessments. In today's globalization, migration processes are becoming increasingly important in the economic development of individual countries. They affect the number of jobs, the overall level of employment, cash flows between countries, trade relations, and so on. Migration flows between countries are becoming more intense every year, which leads to significant changes in the structure of national labor markets. That is why today migration as an economic category is given a lot of attention. It has been identified that labor migration is an ambiguous phenomenon that can have both positive and negative consequences for countries, depending on the point of view. as they will remove the burden of unemployment in the country's economy. For countries with significant labor shortages, immigration will have a positive effect, as it will help fill vacancies. Labor migration is one of the components of labor mobility. Therefore, migration processes and labor mobility are important factors influencing the overall economic situation of any country in the world. A study of general world migration processes in the context of the formation of international labor migration was conducted and an assessment of the current state of international labor migration was provided. The analysis of new tendencies of development of the international labor market and formation of migration flows is carried out that allowed to substantiate global challenges and regulation of processes of international labor migration. The practical significance of the work is related to the development of directions for improving migration policy, recommendations for special measures and actions to quickly achieve the goals of inclusive growth.

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Published
2022-01-25
How to Cite
Makedon, V. (2022). ASSESSMENT OF PROCESSES AND MACROECONOMIC CONSEQUENCES OF INTERNATIONAL LABOR MIGRATION IN THE GLOBAL ECONOMY. Economy and Society, (35). https://doi.org/10.32782/2524-0072/2022-35-6
Section
INTERNATIONAL ECONOMIC RELATIONS