Reaping the Bless of Arab Migrants: Mobilizing Diaspora for Private Sector Development

Sherif Hassan

MPRA Paper from University Library of Munich, Germany

Abstract: The ‘Arab Spring’ raised many economic challenges that can hardly be handled by the dominating public sector alone, amongst are the escalating unemployment rates, enormous budget deficits, and heavy dependence on food and manufactured imports. Middle East and North Africa (MENA) needs to move away from relying on nationalized ineffective public sector towards dynamic and competitive private sector as a main engine of growth. This policy brief introduces four lines of actions to utilize MENA large -and increasing- stock of international migrants whom acquire financial and intellectual resources that can play important role in promoting domestic private sector, entrepreneurships and new startups.

Keywords: Diaspora; Arab region; private sector (search for similar items in EconPapers)
JEL-codes: O15 (search for similar items in EconPapers)
Date: 2016-01-10
New Economics Papers: this item is included in nep-ara
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Citations: View citations in EconPapers (1)

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https://mpra.ub.uni-muenchen.de/80625/1/MPRA_paper_80625.pdf revised version (application/pdf)

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