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Studying the key impact factors, development regularities and consequences from the international labor migration has its own solid place in Western socioeconomic sciences for the last six decades already. Throughout this whole period quite many truly original research works have been carried out in dozens of countries worldwide and unique scientific approaches have been developed so that to determine the cause-effect relations within the migration dynamics (including the theory of human capital, the theory of household optimization, the Todaro model etc.). In this article the author makes an attempt to overview the key results of the most outstanding research studies on international labor migration which have been carried since the middle of the 20th century and till now. Afterwards, the author also offers her own methodology for evaluation of migration risks from the standpoint of population in foreign countries. The author suggests to use this model in the process of developing modern migration policy at both national and regional levels.

National migration administration: modern theories as a basis for effective modernization