SHS Web Conf.
Volume 65, 2019The 8th International Conference on Monitoring, Modeling & Management of Emergent Economy (M3E2 2019)
|Number of page(s)||5|
|Section||The Global Challenges for Economic Theory and Practice in Europe|
|Published online||29 May 2019|
Modern trends of the international labor force migration
Taras Shevchenko National University of Kyiv, Department of Economic Cybernetics, 90-a, Vasylkivska str., Kyiv, 03022, Ukraine
2 Taras Shevchenko National University of Kyiv, Department of International Economics and Marketing, 90-a, Vasylkivska str., Kyiv, 03022, Ukraine
* Corresponding author: email@example.com
The modern trends of the international labor force migration and the main migration corridors are analyzed in the paper. According to the United Nations Department of Economic and Social Affairs, in 2017, the global stock of international migrants (including refugees) was an estimated 258 million. Inequality between supply and demand on the labor market is a main problem of modern international migration processes. It is possible to make a conclusion about the global increase of amounts of labor migration all over the world, in all the countries and regions. The main trends of remittance flows are also studied. The amount of remittances in 2018 was $689 billions. And $518 billions were sent to the developing countries. In relative terms, remittances in nine countries accounted for over a fifth of the gross domestic product (GDP) in 2018; in the case of Tonga, remittances represented 36 % of the country’s GDP. As a conclusion, it should be said that the amount of remittances is an important macro economical figure. Its inflow can ensure the increase of foreign currency’s supply in the country.
© The Authors, published by EDP Sciences, 2019
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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