Author(s) |
Пономаренко О. В., , , Непочатенко З. В., , , |
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Category | Economics | ||
year | 2025 | issue | Issue 106 Part 2 |
pages | 405-416 | index UDK | 141.7:37 | DOI | 10.32782/2415-8240-2025-106-2-405-416 (Link) |
Abstract | The article study the economic rationale for learning foreign languages in the context of globalization, international labor mobility, and migration dynamics. It substantiates the role of language competence as a key component of human capital that enhances an individual's competitiveness in the labor market, increases employability, income level, and access to quality education and transnational professional opportunities. Based on the analysis of current empirical studies and international experience, the article demonstrates a stable correlation between proficiency in foreign languages and wage premiums, particularly among migrants and professionals engaged in internationalized sectors such as IT, tourism, and trade. Special attention is given to the Ukrainian context, where recent political and social transformations have redefined language priorities and strengthened the role of English as a strategic asset for integration into the global economy. The paper analyzes Ukraine’s new language policy, particularly the adoption of the Law of Ukraine No. 3760-IX on use of English language, and compares it with the best practices of the EU, where multilingualism is both a cultural value and an economic necessity. The study also addresses the significance of language education for internally displaced persons and refugees, highlighting the importance of accessible language training programs for successful social and labor integration. Drawing on statistical data, international reports, and policy analysis, the article concludes that investing in language competence is a long-term strategy that strengthens human capital and enhances a country's socio-economic resilience in conditions of dynamic global change | ||
Key words | foreign languages, language competence, human capital, economic feasibility, Ukraine, EU, migration, English, European integration, language policy, global labor market. |