Abstract
The problem of emigration of Russian citizens to other countries remained quite acute during 2000-2017. This poses a threat to national security, as there are many economically active young people with a high level of education among the emigrants. Therefore, it is required a comprehensive study of these processes and the creation of conditions for the preservation of human capital in Russia. The authors developed a methodology for assessing the losses of the Russian economy in value terms as a result of emigration of citizens abroad. It is based on the determination of the “cost” of human life and the individualization of this indicator in accordance with the level of economic development of the host country and with the subjective factors of the emigrant, as well as in specifying the number of citizens who left the Russian Federation in accordance with the official data of foreign migration services. As a result of the calculations, it was determined that the losses of the Russian economy from this phenomenon for the period 2000-2017 amounted to more than 545.85 billion USD. Such a situation is unacceptable in the conditions of the country’s unfolding competition with other states for the positions of leaders in the new industrial revolution. It is necessary to carry out systematic work to reduce the scale of outgoing flows of international labour migration from Russia.
Highlights
The problem of international labor migration deservedly draws the attention of scientists, as the labor movement between countries has intensified in the age of globalization and has a significant impact on both the economies of those countries and international economic relations as a whole
One of the most unpleasant issues of emigration for the Russian economy is the loss of human capital that is in the biggest demand during the “Fourth Industrial Revolution” and innovative development
The assessment shows that the Russian economy lost $545.85 bn from 2000 to 2017 due to emigration
Summary
The problem of international labor migration deservedly draws the attention of scientists, as the labor movement between countries has intensified in the age of globalization and has a significant impact on both the economies of those countries and international economic relations as a whole. The Estimation of Losses of the Russian Economy from Population Migration Journal of Reviews on Global Economics, 2018, Vol 7 443 citizens wishing to leave the country decreased. The article contains a methodology for calculating the value human capital loss in value terms as a result of Russians leaving the country for a permanent residence.
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