LABOUR MIGRATION TENDENCY: IMPACT OF FINANCIAL CRISIS

Labour migration has increased salutatory during all world financial crises. Each country has got the negative and positive impacts from this inevitable process depending on status – the recipient or bearer. Recent researches defined nugatory figures which show that approximately 164 million people are migrant workers, and most of them are from developing countries and as a paradox – the high-qualified specialists. Many countries have lost the most productive segment of their workforce, and this phenomenon has a unique nihilistic effect on the economy overall. The hypothetical-deductive method used in many research papers proposed that such negative tendency is being caused by unfavourable working conditions and a low level of salaries. For some countries, it is a reason to create a priority policy for economic development for others; it is a task to protect the domestic labour market. Each country collides with illegal employment for labour migrants. There were developed some necessary recommendations for regulation of labour migration issues for government authorities, civil society organizations as well the world institutions. To understand the direct connection between labour migration and economic development in different countries is necessary to look at the impact of labour migration on various aspects of economic growth