INTERNATIONAL LABOR MIGRATION AND ITS ECONOMIC CONSEQUENCES

This article examines international labor migration and its economic consequences from a scientific and analytical perspective. The study explores the main drivers of migration, including economic disparities, labor market imbalances, and demographic factors, as well as the mechanisms through which migration affects both sending and receiving countries. Particular attention is given to the role of remittances in supporting household income, reducing poverty, and contributing to macroeconomic stability in developing economies. At the same time, the research highlights negative aspects such as brain drain, labor market pressures, and social challenges associated with migration. The findings indicate that the overall impact of migration depends on the effectiveness of policy frameworks and institutional capacity. The article also proposes evidence-based recommendations for improving migration management and maximizing its economic benefits while minimizing potential risks.