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Advantages And Disadvantages Of Labor Migration

Author

Listed:
  • CIUCIU MONICA

    (ECONOMICS BUSINESS ADMINISTRATION TOURISM AND STATISTICS)

Abstract

The phenomenon of migration is associated with a number of economic advantages and disadvantages. Migration flows bring benefits or losses to those who affect them, but in varying proportions. For the home country of departure, the export of human capital, the labor force in which important investments have been made represent a loss of value added which could have been achieved in the country, the source of sustainable economic growth. For the host country of destination, the effects are generally not favorable. They are manifested in the labor market by: contributing to reducing the workforce deficit, alleviating the demographic aging process and tensions created on the labor and budgetary levels, contributions to increasing production, including exports. For the worker and his rudens the consequences are diverse but the balance is positive. Linked on the earnings we find: an income which guarantees the reproduction of the employment and his rudens workforce, which he would not have earned in the country; increasing the saving and investment capacity, either in durable goods or in launching a business; the emergence of a series of professional gains and work culture, knowledge, skills, behaviors, discipline and job security. This article treats in the first stage the terminological aspects of migrations. The objective of the paper is to make an evaluation of the advantages and disadvantages of labor migration.

Suggested Citation

  • Ciuciu Monica, 2018. "Advantages And Disadvantages Of Labor Migration," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 38-46, July.
    • Handle: RePEc:ora:journl:v:1:y:2018:i:1:p:38-46
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    References listed on IDEAS

    as
    1. Alina Ştefania CHENIC (CREŢU), 2012. "An Analysis of Current Labor Market Developments and Structures in European Union – in Correlation with Labor Market Flexicurity Requirements," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(3(568)), pages 91-108, March.
    2. Miguel León-Ledesma & Matloob Piracha, 2001. "International Migration and the Role of Remittances in Eastern Europe," Studies in Economics 0113, School of Economics, University of Kent.
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    More about this item

    Keywords

    labor market; emigration; remittances; reduction of unemployment; migration of specialist; decrease of P.I.B.;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies

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