Geography of international migration in the modern age of globalization

The article deals with international migration during the last decades of the 20th and at the beginning of the 21st centuries and its economic-geographical analysis. The paper provides an overview of opinions about the dating of the contemporary era of global migration. It is shown that only after completion of spatial restructuring of migration processes and with the transition to sustainable growth of the share of international migrants in the world population, the modern increase of migration begins. On the basis of the UN statistics the main sources of migrants to the countries of Western Europe have been determined as well as shifts in the geographical structure of migrant population of the region that have taken place in the last quarter of a century. Two migration waves directed to the core of the European region from its southern and then from the eastern periphery are determined. The transformation of the USA population structure caused by the migration inflow from Latin America and Asia is described. The ratio of the main directions of global migration is shown: South-South, South-North, etc. At the same time, it is noted that a rather limited part of international migrations is associated with the asynchrony of demographic processes in the regions of the world. The article also discusses the remittances of migrants from developing countries to their homeland, forming powerful financial flows, which are second only to foreign direct investment. They play an especially important role in the economies of developing countries. The calculations show that the contribution of international migrants to the world economy far exceeds their share in the world population.