Structural Change in MENA Remittance Flows

George S. Naufal; Ismail H. Genc

doi:10.1080/1540496X.2015.1080515

Structural Change in MENA Remittance Flows

George S. Naufal, Ismail H. Genc^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

3 Citations (Scopus)

Abstract

After independence, the Gulf Cooperation Council (GCC) countries relied heavily on foreign workers from fellow Arab countries. Thus, remittances flowed from the GCC to other countries in Middle East and North Africa (MENA). In the 1980s and 1990s, the labor source switched to South Asia, which we econometrically verify. This deprived several MENA labor exporters of large sums of foreign exchange, adding significant economic, social, and political hardships on non-GCC MENA countries.

Original language	English
Pages (from-to)	1175-1178
Number of pages	4
Journal	Emerging Markets Finance and Trade
Volume	51
Issue number	6
DOIs	https://doi.org/10.1080/1540496X.2015.1080515
Publication status	Published - 2 Nov 2015
Externally published	Yes

Bibliographical note

Publisher Copyright:
Copyright © Taylor & Francis Group, LLC.

Keywords

Middle East and North Africa (MENA)
migration
remittances
structural break
The Gulf Cooperation Council (GCC)
unit roots

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1080/1540496X.2015.1080515

Cite this

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title = "Structural Change in MENA Remittance Flows",

abstract = "After independence, the Gulf Cooperation Council (GCC) countries relied heavily on foreign workers from fellow Arab countries. Thus, remittances flowed from the GCC to other countries in Middle East and North Africa (MENA). In the 1980s and 1990s, the labor source switched to South Asia, which we econometrically verify. This deprived several MENA labor exporters of large sums of foreign exchange, adding significant economic, social, and political hardships on non-GCC MENA countries.",

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AU - Genc, Ismail H.

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AB - After independence, the Gulf Cooperation Council (GCC) countries relied heavily on foreign workers from fellow Arab countries. Thus, remittances flowed from the GCC to other countries in Middle East and North Africa (MENA). In the 1980s and 1990s, the labor source switched to South Asia, which we econometrically verify. This deprived several MENA labor exporters of large sums of foreign exchange, adding significant economic, social, and political hardships on non-GCC MENA countries.

KW - Middle East and North Africa (MENA)

KW - migration

KW - remittances

KW - structural break

KW - The Gulf Cooperation Council (GCC)

KW - unit roots

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ER -

Structural Change in MENA Remittance Flows

Abstract

Bibliographical note

Keywords

UN SDGs

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