FINANCIAL AND ECONOMIC IMPACT OF ETHNIC GROUP INTEGRATION ON THE ECONOMY OF THE HOST COUNTRY AND THE HOMELAND

Abstract

The article examines the economic and social aspects of war-driven migration, focusing on Ukrainian immigrants in Poland and their impact on both the host country's economy and their homeland. The study analyzes the positive effects of immigrant integration into the local economy, including increased tax revenues, reduced unemployment rates among the ethnic migrant group, labor market expansion, and promotion of social cohesion. Special attention is given to ethnic economies formed by immigrant entrepreneurs who establish businesses catering to their ethnic communities and niche markets. The author employs statistical and empirical analysis to assess the contributions of Ukrainian migrants to Poland's social security system and compares the volume of remittances from Poland to Ukraine with other countries. Findings show that the active financial and labor contributions of Ukrainian immigrants not only support Poland's socio-economic system but also aid in Ukraine's economic stabilization through remittances, investments in small businesses, and the return of skilled labor. The article underscores the importance of establishing effective migration and reintegration policies that leverage the integration of migrants as a resource for host-country economic development, while also benefiting the country of origin. The aim of the article is to analyze the financial and economic impact of migrants' ethnic capital on the economies of both the host country and their homeland.

As a result, the author highlights that the experience of Ukrainians in Poland serves as a vivid example of how immigrants' contributions in the form of tax payments and social contributions support the local socio-economic systemenhance the stability of the host country's economy. The active labor and financial participation of Ukrainians have led to increased revenues for Poland's social security funds, ensuring long-term prospects for sustainable development. Taking this positive experience into account, both the homeland and host countries can improve their approaches to migration processes, leveraging their potential to strengthen national economies, maintain ties with the diaspora, and engage it in the development of the native country.