The author reviews the impact of international labor migration on Southern European economies. Theoretical as well as empirical approaches are presented, and problems associated with a formal cost-benefit analysis are discussed. The author finds that the positive effects of migration on employment and the balance of payments outweigh any negative effects on Southern European economies. Comments by Shahnaz Kazi are included (pp. 733-4).
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The corresponding record at NLM can be accessed at https://www.ncbi.nlm.nih.gov/pubmed/12342013