Factorial Analysis of Economic Growth within International Labor Migration Dynamics

International labor migration as determinant of the current stage of world economy progress, as a symbol of labor market globalization and industrial relations universalization has been actively studied by representatives of different scientific schools and directions of economic theory. Proposed approaches and models form basis for practical research of international migration, identify patterns of migration processes that contribute increasing of capacity to form and to forecast migration dynamics and preventive adaptation of national migration policies to tendencies of global labor market.

At the same time provision of National economic growth (often in conditions of limited resources and natural abilities, of global dynamic increasing and so on) is an important socio-economical function of modern governments and national development strategies.

Due to these aspects definition of the theoretical principles to increase a stimulate effect of labor factor (national and foreign) economical usage seems extremely important and relevant.

This paper analyzes role of natural-resources, financial and labor factors in stimulation of economic growth of the modern states; studies relationships between stimulating role of natural resources, finance and labor with levels of modern countries’ economy development. For conducting this research secondary statistical data (World Bank, UNESCO) on economical and social performances of 72 modern countries and global economic dynamic for last 8 years was used, and original authors’ system of aggregated indicators was created and offered.

Based on achieved results findings about fundamental reasons of international migration; transformation of labor factor’s role in providing an economical progress of the states; efficiency of positive impact of manufacturing factors (domestic and attracted from international markets) were offered. These recommendations can be considered as a theoretical platform for creation and further development of National Migration policy and countries effective positioning in the global labor market within transnational labor movement.