Defining the New Economics of Labor Migration Theory Boundaries: A Sociological-Level Analysis of International Migration

Appeared among the theories explaining international labor migration only by the end of the former century, the new economics of labor migration questions some of the ideas and principles considered in the creation of the neoclassic theory, either by arguing against them, or by simply completing the...

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Bibliographic Details
Published in:Revista de stiinte politice 2015-01 (45), p.55
Main Author: Porumbescu, Alexandra
Format: Article
Language:English
Subjects:
Economics
Migrant workers
Migration
Theory
Online Access:Get full text
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Summary:Appeared among the theories explaining international labor migration only by the end of the former century, the new economics of labor migration questions some of the ideas and principles considered in the creation of the neoclassic theory, either by arguing against them, or by simply completing them. The starting point of this new approach is being represented by the idea that the emigration decision is not being made at an individual level, but rather along important human groups, such as families or households. The members of this groups act in common, not only to maximize their incomes, but also to minimize their risks and overcome limitations occurred as a consequence of the failures of the national markets, not necessarily in the labor market. This paper explains the mam ideas on which this theory is based and makes a current analysis on whether this ideas are still accurate and have the capacity to explain the evolution of contemporary international migration.
ISSN:1584-224X