Actual number: 1/2024
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THE LABOUR FORCE MIGRATION IMPACT ON COUNTRIES WITH DIFFERENT ECONOMIC DEVELOPMENT LEVEL
The impact of labour force migration on the economies of the world has grown recently because of the gradual increase in the movement of people and the changes in the nature and direction of migration. The authors of the article are investigating the impact of labour force migration processes on the economies of the countries of different degrees of development taking into consideration controversial treatment of the concept of migration in the scientific literature. The studies carried out by the authors show that the impact of the labour force migration on different levels of economies depends on the country's level of development. The less developed the country's economy, the more damage is done by the migratory (emigration) processes. On the contrary, the more developed the country's economy, the more increasing positive effect is characteristic to the processes of migration (immigration). The increase in the population indicates a decrease in the unemployment rate and the lower is the unemployment rate, the higher is the gross domestic product.
Release: 2018/3 Pages: 23-29 JEL classification: F16, J21, J61
DOI:
Keywords: labour force, migration, economic development, economic development level
Section: SOCIAL CONTEXT OF THE ECONOMY, LABOR MARKET AND HUMAN RESOURCES DEVELOPMENT
Contacts:
Valentinas Navickas, prof.
Department of Management and Development of Human Resources
Faculty of Social and Economic Relations
Alexander Dubček University in Trenčín
Študentská 3, 911 50 Trenčín, Slovensko
e-mail: valentinas.navickas@tnuni.sk
Joana Žukauskienė,
Department of Economics;
School of Economics and Management,
Kaunas University of Technology, Lithuania
e-mail: joana.zukaus@gmail.com
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