The impact of migration on the competitiveness of the region and industry development

The impact of migration on Ukraine is multifaceted. It increases the threat of depopulation, leads to losing a part of the labour and intellectual potential, and thus, may become a factor inhibiting economic development. Today, there is a shortage of workers in almost all activities, especially in industry and construction. 

At the same time, according to scientists, in the absence of migration, unemployment in Ukraine would be 36.7% higher. Due to foreign earnings, the quality of life in migrant households is improving. Increasing consumer demand can contribute to the economic development of both individual regions and the country as a whole. 

This article aims to analyse the impact of migration processes on the regional competitiveness. Social, economic, and demographic factors should be taken into account when forming a comprehensive indicator of regional competitiveness. There is a need to evaluate the weight of individual factors and the mechanism of their impact on a comprehensive indicator of the regional competitiveness. Considering the findings of previous studies, the important role of industrial enterprises in assessing the level of regions' competitiveness is emphasized; it is necessary to study in more detail the relationship of migration processes and industrial potential of the region/country.

Keywords: migration, economic development, competitiveness, Ukraine
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