Regional and Global Integration
Mouhoud, El Mouhoub; Diwan, Ishac (2016), Regional and Global Integration, in Galal, Ahmed; Diwan, Ishac, The Middle East Economies in Times of Transition, Palgrave : Basingstoke, p. 99-128
Type
Chapitre d'ouvrageDate
2016Book title
The Middle East Economies in Times of TransitionBook author
Galal, Ahmed; Diwan, IshacPublisher
Palgrave
Published in
Basingstoke
ISBN
978-1-13-752976-3
Number of pages
359Pages
99-128
Metadata
Show full item recordAbstract (EN)
In the past 50 years, the MENA region has been integrated to the world economy through two main channels: the sale of oil, and labor migration. Labor migration, in retrospect, acted as the main way to redistribute oil revenues from the oil exporting to the importing countries, especially those in the Mashrek region, greatly benefitting millions of households. The migration of mostly unskilled workers from the Maghreb to Europe, during its period of fast growth, played a similar role. But migration will almost certainly never again boom as it did in the past.Subjects / Keywords
Foreign; Direct Investment; Saudi Arabia; Trade Liberalization; Labor Migration; Arab CountryRelated items
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