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 | |
| Publication status | Published - 2 Nov 2015 |
| Externally published | Yes |
Bibliographical note
Publisher Copyright:Copyright © Taylor & Francis Group, LLC.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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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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