TRENDS OF INTERNATIONAL LABOR MIGRATION IN THE MODERN LABOR MARKET

Keywords: migration, international migration, tendencies of international labor migration, labor force, wages, demography, population, causes, consequences.

Abstract

In recent decades, the impact of international migration on world economic and political processes has increased significantly. Today, international labor migration of the population is one of the most important components of modern processes in the world economy, along with its other components, such as the movement of capital, goods, technologies and information. The globalization of the world economy has led to the emergence of new trends in the processes associated with the international migration of labor, requiring scientific study. The article deals with the modern processes of international labor migration. Methods of statistical analysis, analysis of domestic and foreign scientific literature, synthesis of the data obtained are used. The main trends of international labor migration are investigated, such as the increase in the demographic significance of international migration in the demographic development of economically developed countries, the growth of illegal migration, the increase in the composition of migration flows of highly qualified workers and the share of women in the number of international migrants. The article analyzes the economic consequences of the impact of international labor migration on the economies of exporting countries and importing countries of labor resources. International labor migration confirms the fact that countries are dependent on each other. Thus, the negative economic and political changes taking place in the country only negatively affect the flow of international migration. International migration is dependent on scientific and technological progress and the degree of development of transnational corporations, which together create the prerequisites for the free movement of labor from one country to another. Application area. Analysis of flows of international migration confirms the need for countries to work in the field of international law to resolve issues of movement of labor, especially taking into account contemporary world problems. The globalization of the world economy at the present stage has led to the emergence of new trends in the processes associated with the international migration of labor. They are associated with the globalization of world migration flows and the involvement of the population of most countries in this process; an increase in the demographic importance of international migration in the demographic development of economically developed countries; the growth of illegal migration; an increase in the composition of migration flows of highly qualified workers; an increase in forced migration and an increase in the proportion of women in the number of international migrants. The main factor of international labor migration, which has a significant impact on the economies of the countries of origin of migrants, is the flows of migrant remittances, which make a significant contribution to the GDP of countries exporting labor resources, are a valuable source of foreign exchange for governments and play a role in stabilizing the current account of the payment balance. The second most important factor is the positive impact of workers leaving labor markets in labor-abundant countries, since workers leaving abroad reduce unemployment, improve the labor market, and reduce social tensions in the country.

References

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Published
2020-12-30
How to Cite
Tymoshyk , V. Y. (2020). TRENDS OF INTERNATIONAL LABOR MIGRATION IN THE MODERN LABOR MARKET. Bulletin of Zaporizhzhia National University. Economic Sciences, (4 (48), 98-102. Retrieved from http://journalsofznu.zp.ua/index.php/economics/article/view/1780
Section
Theoretical and applied aspects of economic processes in Ukraine and in the worl