Global Economic Crisis and Migrants Labor Market

DOI: 10.20542/0131-2227-2012-4-51-63

I. Tsapenko, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO RAN), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation (

Abstract. The article deals with the extent to which the deep recession of the economies of the developed countries at the end of the 2000s has caused crisis processes at the labor market. The author considers the effects of the recession in the segment of migrant labor arising from the nature of its operation. Also, it is explored how the continued flow of foreign labor affects the conditions of employment of local workers. It is shown that the crisis augmented the negative impact of immigration on working conditions and employment opportunities of local workers. However, it is concluded that in case of the economic recovery the immigration may help to expedite it.

Keywords: immigration, global economic crisis, labor market, migrants

Registered in System SCIENCE INDEX

For citation:
Tsapenko I. Global Economic Crisis and Migrants Labor Market. World Eonomy and International Relations, 2012, No 4, pp. 51-63.

Comments (0)

No comments

Add comment






Current Issue
2023, vol. 67, No. 2
Topical Themes of the Issue:
  • Critical Materials’ Supply Chains and US National Security 
  • Civilizational Challenges to Russia’s Sustainable Development  
  • Latin America: in Search of Own Way 
  • On Certain Research Approaches to the World Information and Communication Order 
Submit an Article
The Editorial Board invites authors to write analytical articles on the following topics:
  • changes in the processes of globalization in modern conditions
  • formation of the new world order
  • shifts in civilization at the stage of transition to a digital society

The editors are also interested in publishing synthesis articles / scientific reviews revealing the main trends in the development of certain regions of the world - Latin America, Africa, South Asia, etc.