Evaluating the Efficiency of Migration Regimes and Their Role in the Progress of Common European Labor Market

Abstract

The key objective of this research is to test the adequacy rate of the current migration regime for further scientific and methodological grounding of the principles and directions in modernization of migration policies in the EU. The article also defines the efficiency of the contemporary migration policy along with the factors and preconditions for its improvement. The author also explains the notion of migration regime adequacy as the major precondition for efficient management of migration flows. Then the author suggests an original methodology for evaluation of adequacy of the contemporary migration regimes in the EU using the available statistical information and own theoretical grounding of the migration regime adequacy as a factor of migration policy efficiency. Author’s recommendations are provided concerning the directions in using this methodology for testing the adequacy of other migration regimes. Finally, the article tests the hypotheses concerning the interdependence between the efficiency of migration policy in the selected contemporary countries and the size and probability of economic return with the size and risk of a probably damage from further development of the international labor migration. Overall, we can conclude that when a country is following the priorities of own development and is responding to world markets’ challenges at the same time, its migration policy can be called adequate when it is differentiated enough, selective and sufficiently strict.