Naufal, George S.; Genc, Ismail H. - 2013
After independence, the GCC countries relied heavily on foreign workers from fellow Arab countries. Thus, remittances … remittances. This paper examines the consequences of the shift in the source of labor by econometrically testing the existence of … structural breaks in the flow of remittances in the MENA region. The change in the direction of remittance flows deprived several …