Structural Change in MENA Remittance Flows

George Naufal and Ismail Genc

Economics Working Papers from School of Business Administration, American University of Sharjah

Abstract: After independence, the GCC countries relied heavily on foreign workers from fellow Arabs countries. Thus, remittances flowed from GCC to other countries in MENA. In the 1980s-1990s 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.

Keywords: Migration; Remittances; Unit roots; Structural break; the Gulf Cooperation Council (GCC); Middle East and North Africa (MENA) (search for similar items in EconPapers)
JEL-codes: C22 F16 F22 F24 (search for similar items in EconPapers)
Pages: 13 pages
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Related works:
Journal Article: Structural Change in MENA Remittance Flows (2015)
Working Paper: Structural Change in MENA Remittance Flows (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:sha:ecowps:07-05/2013

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