IJSSER

Title: THE ROLE OF MIGRATION PROCESSES IN THE ECONOMIC DEVELOPMENT OF THE COUNTRY
Authors: Tamar Dudauri and Nino Samchkuashvili
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Tamar Dudauri1 and Nino Samchkuashvili2 1. Associated Professor, Ph.D. of Economics, Caucasus International University (CIU), Georgia 2. Associated Professor, Ph.D. of Economics, Georgian National University (SEU), Georgia
MLA 8 Dudauri, Tamar, and Nino Samchkuashvili. "THE ROLE OF MIGRATION PROCESSES IN THE ECONOMIC DEVELOPMENT OF THE COUNTRY." Int. j. of Social Science and Economic Research, vol. 8, no. 4, Apr. 2023, pp. 898-907, doi.org/10.46609/IJSSER.2023.v08i04.023. Accessed Apr. 2023. APA 6 Dudauri, T., & Samchkuashvili, N. (2023, April). THE ROLE OF MIGRATION PROCESSES IN THE ECONOMIC DEVELOPMENT OF THE COUNTRY. Int. j. of Social Science and Economic Research, 8(4), 898-907. Retrieved from https://doi.org/10.46609/IJSSER.2023.v08i04.023 Chicago Dudauri, Tamar, and Nino Samchkuashvili. "THE ROLE OF MIGRATION PROCESSES IN THE ECONOMIC DEVELOPMENT OF THE COUNTRY." Int. j. of Social Science and Economic Research 8, no. 4 (April 2023), 898-907. Accessed April, 2023. https://doi.org/10.46609/IJSSER.2023.v08i04.023.
References [1]. Pecoud A., Cuchteneire P. Migration Without Borders: Essays on the Free Movement of People.Berghahn Books. New York. 2007. Pp. 4-5. [2]. https://books.google.fm/books?id=mDGlNxffxvUC&printsec=frontcover#v=onepage&q&f=falsehttps://nbg.gov.ge/statistics/statistics-data#sagareoseqtori [3]. United Nations. UN News. There are Approximately 281 Million International Migrants in the World. Global perspective Human stories. 14. 02.2022.https://news.un.org/en/ [4]. United Nations, Department of Economic and Social Affairs. Population Division (2019). International Migrant Stock 2019 (United Nations database, POP/DB/MIG/Stock/Rev.2019). Workbook: UN_MigrantStockTotal_2019.xlsx. [5]. End Nations. International Migration 2020. Department of Economic and Social Affairs. https://www.onlinelibrary.iihl.org/wp-content/uploads/2021/04/2020-UN-International-Migration-2020-Highlights.pdf [6]. United Nations. Migrants. Background. https://www.un.org/en/fight-racism/vulnerable-groups/migrants [7]. International Monetary Fund. World Economic Outlook. Countering the Cost-of-Living Crisis. 2020. [8]. https://www.imf.org/en/Publications/WEO/Issues/2020/09/30/world-economic-outlook-october-2020 [9]. National Statistics Office of Georgia. Migration. [10]. https://www.geostat.ge/ka/modules/categories/322/migratsia [11]. National Bank of Georgia. Annual Report 2021. [12]. https://nbg.gov.ge/fm/%E1%83%9E%E1%83%A3%E1%83%91%E1%83%9A%E1%83%98%E1%83%99%E1%83%90%E1%83%AA%E1%83%98%E1%83%94%E1%83%91%E1%83%98/%E1%83%90%E1%83%9C%E1%83%92%E1%83%90%E1%83%A0%E1%83%98%E1%83%A8%E1%83%94%E1%83%91%E1%83%98/%E1%83%AC%E1%83%9A%E1%83%98%E1%83%A3%E1%83%A0%E1%83%98_%E1%83%90%E1%83%9C%E1%83%92%E1%83%90%E1%83%A0%E1%83%98%E1%83%A8%E1%83%98/2021/annual-report-geo.pdf?v=istp3 [13]. National Bank of Georgia. Money Transfers.2022. [14]. https://nbg.gov.ge/page/%E1%83%A4%E1%83%A3%E1%83%9A%E1%83%90%E1%83%93%E1%83%98-%E1%83%92%E1%83%96%E1%83%90%E1%83%95%E1%83%9C%E1%83%98%E1%83%9A%E1%83%94%E1%83%91%E1%83%98
ABSTRACT: Migration affects the size of the population as well as its age, and occupational and social structure, which ultimately affects the labor market and economic activity. Since the migration, as a phenomenon, produces two effects at the same time - in terms of labor demand and labor supply, its consequences can be multifaceted. On the labor demand side, migration tends to increase output and increase wages, which is the basis for increasing inflationary pressures. Conversely, on the labor supply side, migration flows have a smaller impact on production and lower wages, resulting in weaker inflationary pressures. Thus, regardless of which of the effects of migration dominates, it is indirectly reflected in the dynamics of inflation. Migration is a powerful driver and important consequence of economic, political, and social change. Given its significant impact on society, migration must be fully measured and understood. Reliable statistical data is the key to understanding this important phenomenon. However, in many countries, even the most general data on migration are incomplete, out of date, or non-existent. Improving this area requires knowledge of the principles of collecting, compiling, and analyzing migration statistics. Migration policymakers as well as other specialists need to know the definitions and measurement methods related to migration data in order to be able to interpret them. The High-Level Dialogue on International Migration and Development, chaired by the UN General Assembly, concluded that international migration can contribute to the national development of countries of origin and destination, provided appropriate strategies and policies are implemented. This initiative has helped to increase the effectiveness of international efforts to measure migration and migration. Also, an important result of this meeting was the project developed and implemented by the United Nations Economic Commission: "Strengthening National Capacities to Improve Migration Data: Maximizing Development Gains and Minimizing Negative Impacts."

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