ADVANTAGES AND DISADVANTAGES OF LABOR MIGRATION

Ciuciu Monica ()
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Ciuciu Monica: ECONOMICS BUSINESS ADMINISTRATION TOURISM AND STATISTICS

Annals of Faculty of Economics, 2018, vol. 1, issue 1, 38-46

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.

Keywords: labor market; emigration; remittances; reduction of unemployment; migration of specialist; decrease of P.I.B. (search for similar items in EconPapers)
JEL-codes: E24 F22 R11 R51 (search for similar items in EconPapers)
Date: 2018
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