Based on the empirical and theoretical analysis of global migration trends, the article establishes the relationships between migration, globalisation and the current economic crisis. It posits that the globalisation of labour force mobility is the least developed part of globalisation although, if properly managed, it can be a solution to many problems related to globalisation in general and underdevelopment in particular. Enhanced global labour mobility can speed up the development of less developed countries and address problems related to ageing and the low birth rates of developed countries. Together with more policy space for both industrial and developing countries' globalisation issues and a proper global migration regime, liberalisation of the global labour market can yield positive developmental effects for migrants, host countries and countries of emigration, thereby increasing the benefits compared to the costs of globalisation.
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