THE REGULATORY SYSTEM OF INTERNATIONAL MIGRATION PROCESSES IN THE CONTEXT OF GLOBALIZATION

Abstract

In the context of globalization, all world economies unite, interact and develop in a single system of production. However, the world economy largely depends on the formation and development of the world labor market. Thus, migration is one of the main mechanisms and factors affecting individual countries and the world economy as a whole. With the intensification of globalization processes, the demand for staff of different levels of qualification in the labor market is met by the supply of workers, regardless of the country in which they live. This phenomenon leads to international labor migration. Despite the fact that the migration of highly qualified personnel leads to intellectual decline and lack of educated population in the country from which workers migrate. Instead, the uncontrolled migration of low-skilled personnel in the host country can lead to a sharp rise in unemployment among the local population, criminal offenses, social discontent of citizens, which will negatively affect the authority of the state in the world. Therefore, the study of the system of regulation of migration processes and the introduction of ways to improve it will help harmonize the socio-economic situation in the world and make migration more profitable and safe for countries and its citizens. The article reflects the main modern trends in international migration processes: the directions of external labor migration, the scale of the departure of labor migrants to different countries, determined the reasons for such tendencies. In the course of the research, the methods by which these processes are regulated to improve the economies of countries and the safety of labor migrants are considered. The article also describes the impact of the COVID-19 pandemic on the mobility of Ukrainian citizens and methods of overcoming the consequences of this impact. The activities described in the article related to migration and population mobility will mitigate the long-term impact of the pandemic, help strengthen the protection of Ukrainian citizens abroad, as well as expand the opportunities for their socio-economic integration into local communities.