Relationship between net migration and economic development of European countries: Empirical conclusions

Abstract

The study aims to investigate the relationships between the volume of net migration and the economic development of individual European countries, which will make it possible to forecast the level of GDP and strengthen their migration policy. Correlation-regression analysis was used based on statistical data from Eurostat and the State Statistics Service of Ukraine for the period 2014−2021 for selected European countries (the EU-27 member states, Switzerland, and Ukraine). The correlation-regression analysis showed a relationship between the volume of net migration and the level of GDP. The linear correlation equations forecasted the value of the GDP level depending on the influence of a single factor – the volume of net migration. The attention is focused on the importance of migration, which ensures economic growth for Poland. It is attractive due to a simpler mechanism for moving immigrants than in other EU-27 countries, ease of language learning and easier adaptation, territorial proximity, and a higher standard of living compared to neighboring countries that were part of the Soviet Union. Thus, an increase in net migration to Poland by 1% will lead to an increase in gross domestic product by 1.43 million euros. Due to Russia’s war against Ukraine, net migration from Ukraine to Poland has increased significantly, potentially increasing Poland’s GDP in 2023 by 0.08% or 529.54 million euros.

Integration of Ukrainian Institutions of Higher Education into the Global Educational Space: Challenges and Opportunities

“…European educational integration is part of the EU's integration strategy. Other countries joining the Bologna Process may become providers of professionals specifically for the European labor market without any national changes (if we do not consider such diplomas as a single model, a general education scheme, and a new national qualification framework) (Suárez-Ortega and Risquez, 2014;Kozlovskyi et al, 2024). As for the development of academic mobility, without adequate financial support at the national level, it remains insignificant, and the knowledge gained by students abroad may not always be applicable for various reasons.…”

The Role of Investment in Creating a Sustainable Financial Future: Strategies and Tools

“…The importance of ESG for counteracting fraudulent, unethical, and unenvironmental cases is undeniable and is also confirmed in the proposed results. At the same time, researchers note that in modern realities, however, there are not many standardised criteria for conducting investment activities in accordance with ESG principles in times of crisis, emergency or unstable internal relations (Kozlovskyi et al, 2022;Kozlovskyi et al, 2024). Businesses and firms that are in critical situations, when there is a need to respond to military or other emergency challenges and difficult situations in countries that tend to change rapidly (Naeem et al, 2022).…”

Impact of the Russo-Ukrainian war on Black Sea trade: Geoeconomic challenges

“…The importance of political neighbourhoods and geography in geoeconomics are decisive for understanding transformations (Ambroziak & Stefaniak, 2022;Razinkova et al, 2023;Kozlovskyi et al, 2024). Therefore, the geographical location of the Black Sea offers not only the advantage of an east-west trade corridor but is currently vulnerable to this war, being subjected to belligerent behaviour that maximises regional risks.…”