ABSTRACT
Uzbekistan has been gradually integrating into the world economy since gaining its independence in 1991. The need to integrate stems from the desire to advance the national economy and social well-being of population through import of advanced technologies or stimulating exports. However, opening up the country also meant exposure to increase in the mobility of its human capital. As a result, Uzbekistan has witnessed labor migration in and out of the country during the past two decades, driven by various causes, which is having inevitable social and economic implications for the country. Intensifying processes in contemporary international labor market make migration as a mechanism, which has a back-to-back impact onto and from economic development of a country. From developing countries’ perspective, international labor migration is an instrument for reducing tension in national labor markets, decreasing high rates of unemployment and expanding sources of income. From developed countries’ perspective, international labor migration helps solve demographic problems like decreasing number of population, aging of population and shortage of labor force. Uzbekistan, in particular, is increasing its participation in the international labor market, especially it’s cooperation on migration with Russian Federation due to its high rate of population growth and young population.
References
Support the magazine and subscribe to the content
This is premium stuff. Subscribe to read the entire article.
