Kapsarc – Windfalls and Pitfalls: How Foreign Labor Strengthens Economic Resilience

The report by Kapsarc "Windfalls and Pitfalls: How Foreign Labor Strengthens Economic Resilience" explores the role of foreign labor in supporting economic stability during the global energy transition. The report highlights the significance of economic resilience for energy-exporting countries amidst the global energy transition. As fossil fuels still dominate the energy mix, balancing investments in new capacity and existing infrastructure is crucial to avoid market volatility. The document discusses the historical shift towards fossil fuel dependence and the importance of maintaining stability in resource-dependent economies to ensure reliable energy supplies. It also emphasizes the potential for supply shocks and underscores the need for strategic investment to support a smooth transition.