THE ECONOMIC EFFECTS OF MIGRATION. A ROMANIAN OVERVIEW

Abstract

Migration is a complex phenomenon, with complex and diverse implications. Meanwhile the society is in a constant change the major changes occurring internationally may generate new migratory flows or different views regarding this phenomenon. The most obvious consequences are arising from economic and social area. Issuing country can experience both increases and losses in the short term, but long-term gain. For receiving countries, new workers can address short-term needs of existing labor market, but in the long term they can cause decreases in wages on the labor market, because the problem isn’t migration itself, but the integration of migrants in host societies.