The Impact of International Labor Migration on the Economy
DOI:
https://doi.org/10.61173/784nnh78Keywords:
Economic globalization, international labor migration, developing countries, developed countriesAbstract
Under the background of economic globalization, international labor migration has had a profound impact on the economies of labor force inflow countries and outflow countries. Especially after World War II, the labor force population of developing countries has been constantly pouring into developed countries. It has both positive and negative impacts on inflow and outflow countries, positive effects will increase the real wage level of the outflow country and the the national income of the move-into countries, negative effects include reducing national income of outflow country and the real wage level of the move-into country.
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