Macroeconomic Reasons for International Migration Development

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Author(s): Lokota Oleg (Russia Academy of National Economy and Public Administration, Russia)and Kozlova Elena (Rostov State Transport University, Russia)
Copyright: 2019
Pages: 27
Source title: Socio-Economic Development: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-7311-1.ch081

Keywords: Business & Management / Economics & Economic Theory / Information Science Reference / Socio-Economic Development

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Abstract

Fast-growing international migration as a factor of labor market globalization is an important trend of the world economy and a determinant of social-political transformations. The study of fundamental economical reasons for international migration is relevant due to their prognostic, predictable, and normative potential, which can be used in conditions of global economic non-stability. This chapter analyzes the role of natural resources, financial, and labor factors in economic growth of the modern states and studies relationships between stimulating the role of natural resources, finance, and labor with levels of modern countries' economy development. Based on achieved results findings about fundamental reasons of international migration, transformation of labor factor's role in providing an economical progress of the states, efficiency of positive impact of manufacturing factors (domestic and attracted from international markets) are offered.

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