Proceedings of The 7th International Conference on Advanced Research in Business, Management and Economics
Foreign Labour Migration as A Potential Threat for German National Economy
The development of the world economy in the 21st century is marked by the intensification of migration processes. For Europe, the processes of external labor migration is a controversial topic. It is positively functions when it comes to the integration of all European countries which are participating in the exchange of labor migrants. At the same time, the negative consequences are obvious: the growth of the shadow economy, social dumping of wages, services and consumer goods, oppressing the impact on productivity growth opportunities, the growth of economic infringements, the growth of interethnic tension. This paper discusses the importance of internal mechanisms of external labor migration through studying the factors that cause the population to make territorial movements. The academic paper consists of theoretical framework where different theories on labour migration are analysed, research design and empirical analysis – German case will be introduced as an example during the migration period from post-soviet countries.
keywords: external labour migration, migration process, labour migrants