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Structural Change in MENA Remittance Flows

  • George S. Naufal
  • , Ismail H. Genc*
  • *Corresponding author for this work
  • Texas A&M University
  • American University of Sharjah

Research output: Contribution to journalArticlepeer-review

4 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 languageEnglish
Pages (from-to)1175-1178
Number of pages4
JournalEmerging Markets Finance and Trade
Volume51
Issue number6
DOIs
Publication statusPublished - 2 Nov 2015
Externally publishedYes

Bibliographical note

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

UN SDGs

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

  1. SDG 10 - Reduced Inequalities
    SDG 10 Reduced Inequalities

Keywords

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

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