The oil crisis of 1973 had profound effects on the world economy and spurred trends in labor migration that have continued to amplify to today. The oil crisis began with the Yom Kippur / October War between Israel, supported by the United States, and Egypt and Syria, supported by the Soviet Union.1 In response to […]
economic booms and recessions
Do Economies Have to Boom for Migration to Happen?
Once countries started recovering from the devastation of WWII, economies needed to be rebuilt. The USSR had built its command economy around the idea of high levels of extensive growth achieved by a division of labor between countries in Eastern Europe (Comecon) and industrialization. This depended on large amounts of labor as extensive growth meant […]