Migration and development policies in a phase of labor shortage. The case of San Marino

The paper provides a stock-flow analysis of San Marino labor market in the framework of the demographic evolution of the country. The research covers the period 2003-2013 during which WAP was declining under the impact of the Demographic transition, while the economy of the country was first affected by a notable economic expansion and then by a deep crisis. After presenting jointly build labor market and demographic scenarios, the paper outlines some demographic and development policies that could be of interest in the incoming dialogue with EU.