MIGRATION AND ECONOMICAL DEVELOPMENT OF SMALL COUNTRIES IN EUROPE
The paper analyzes the institutional framework and the implementation of the European concept of sustainable development within migration flows. The key research method is factor analysis which is applied to describe the functioning of institutional and market initiatives in the course of establishing a sustainable development regime that absorbs migration flows. The main obstacles in this regard were: poor construction of today’s market, the current public system of economic development regulation and low efficiency in absorption of migrant flows. Small countries will have to turn to macro- and microreforms and policies. The framework of sustainable development requires a new approach in the context of the Agenda 2030 will improve: (1) the socioeconomic climate for productive entrepreneurship and employment growth, (2) development of the innovation system under 3T, and (3) development of the economy overall.
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International College Suan Sunandha
Rajabhat University, Bangkok, Thailand