Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)

Factors of the Economic Adaptation of Migrants

Authors
K V Fofanova, A A Sychev, D M Borisov
Corresponding Author
K V Fofanova
Available Online 17 March 2020.
DOI
https://doi.org/10.2991/aebmr.k.200312.381How to use a DOI?
Abstract
The paper is focused on economic adaptation of migrants which is understood as the process of their integration into the economic system of the host community. It involves the acquisition of knowledge about its functioning, assimilation of economic norms adopted in it, formation of practical skills of economic interaction, and accumulation of work experience. Economic adaptation aims at the realization of interests and needs, at the first stages related to economic survival, and at the final stages associated with the achievement of material well-being. Accordingly, economic adaptation involves, firstly, getting a job or starting business, and secondly, labor, professional, commercial self-realization, which is confirmed by career advancement, obtaining a more prestigious job and a higher economic status, wage growth or increase business profitability. It is shown that migration itself is a value-neutral process and the benefits and threats associated with migration are, for the most part, only the consequences of political and managerial decisions. Threats increase when the paths of adaptation of migrants are blocked by artificial barriers, while benefits appear as a result of concerted actions of migrants, the host society, and the state, based on respect, recognition and mutual interest.
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Proceedings
International Scientific Conference "Far East Con" (ISCFEC 2020)
Part of series
Advances in Economics, Business and Management Research
Publication Date
17 March 2020
ISBN
978-94-6252-929-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200312.381How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - K V Fofanova
AU  - A A Sychev
AU  - D M Borisov
PY  - 2020
DA  - 2020/03/17
TI  - Factors of the Economic Adaptation of Migrants
BT  - International Scientific Conference "Far East Con" (ISCFEC 2020)
PB  - Atlantis Press
SP  - 2698
EP  - 2703
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200312.381
DO  - https://doi.org/10.2991/aebmr.k.200312.381
ID  - Fofanova2020
ER  -