Labour migration is part of the process of human survival. In order to survive, individuals have to respond to changes in natural and institutional environments. The economic motivation and consequences of labour migration are the subject of this important new book.The Economics of Labour Migration places migration in a historical context, considers the economic impact of labour emigration and immigration, and examines the migration process in the European Union. The international group of contributors adopts an institutionalist perspective, allowing for the involvement of dynamic processes and human institutions. Their approach combines normative analysis with positive discussion of contemporary real world issues. Economists and policymakers will welcome the innovative approach of this volume which tackles a key economic issue which will have a profound influence on the development of the global economy.