Abstract. Introduction. International migration is an important socio-economic indicator of the development of states and a regulator of socio-economic relations in the international economy. Under the modern conditions of development of the world society migration processes are characterized by dynamic development and scale of distribution. Today, international migration is becoming an important factor influencing the formation of international reality, causing social changes and cultural interaction of countries involved in migration process. Purpose. The modern world is diverse in its development and progress. Existing asymmetries and inequalities in most countries, conflicts, poverty, climate change encourage people from the low-income countries to migrate to the economically developed countries in searching of a safer and better life. In addition, the COVID-19 pandemic carries great threats to the lives and health of migrants, negatively affects their spatial mobility, and creates the new societal challenges and dangers. That is why the author of the article aims to explore the main trends in the formation of modern migration flows and changes in international migration; to identify global factors influencing the dynamics of international migration and to identify key issues that need to be corrected in the management system of international migration at the global level. Results. The author has analyzed the current trends in the development of international migration in the global space, assesses the formation of the main migration flows in terms of individual sub-regions and countries. According to the results of the analysis, the growing influence of exogenous factors (interstate conflicts, economic and political instability in the world, climate change, etc.) and endogenous factors (low level of social protection of the low-income countries, limited access to vital public resources), high levels of corruption in some countries that cause poverty, carry threat and danger to the lives and health of their citizens) to increase the dynamics of migration flows in the world. During the studying the author has formed the main group of countries (USA, Canada, Luxembourg, Norway, Switzerland, Germany, France, Czech Republic, others), which (according to the long-term UN forecasts) will increase net migration rates and net numbers of migrants; this information is the important indicators for governments of these countries in order to respond in a timely manner and put changes into their existing migration policies. The tools of integration of international migrants into the national societies of the host countries of Europe in terms of employment, education, social inclusion have been considered. The benefits of the host countries from successful integration have been determined. The impact of the COVID-19 pandemic on the change in the dynamics of international migration has been studied and the key problems of international migration development that need to be corrected at the global international level due to the intensification of crisis situations have been identified. Conclusions. Thus, the acceleration of migration processes and the scale of their spread in the world have a great impact on significant changes in foreign economic relations between countries; the macroeconomic dynamics of their development is gaining new momentum. The mechanical movement of the population causes changes in the structure of human capital, affects the quality of its formation and development. Due to the unevenness and the existing asymmetry in the socio-economic development of the world, the migration factor can become a major tool for the destruction of economic stability of many countries, the intensification of crises in the social sphere. Therefore, the existing problems of global cooperation and coordination of international migration, the lack of effective mechanisms for interaction between national and global levels of migration management need to be solved in time. The international regulatory framework for the protection of migrants' rights in the global dimension needs to be improved.
International Migration & Economic Development: The Case of EU Countries
