The hidden economy: A new view of remittances in the Arab world
The hidden economy is set in place by the large-scale migration of labor in search of employment outside national boundaries. Remitted earnings, channeled largely through informal mechanisms, have generated a network of financial and economic relations that define the boundaries and characteristic f...
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| Format: | Article |
| Language: | en_US |
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© Elsevier B.V.
2022
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| Online Access: | https://doi.org/10.1016/0305-750X(86)90013-6 https://hdl.handle.net/1721.1/141540 |
| _version_ | 1811093305845350400 |
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| author | Choucri, Nazli |
| author_facet | Choucri, Nazli |
| author_sort | Choucri, Nazli |
| collection | MIT |
| description | The hidden economy is set in place by the large-scale migration of labor in search of employment outside national boundaries. Remitted earnings, channeled largely through informal mechanisms, have generated a network of financial and economic relations that define the boundaries and characteristic features of the hidden economy. The hidden economy shapes many of the critical parameters of economic activity of the Middle East, such as exchange rates and the availability of foreign exchange. It is difficult to observe (or measure) working of this important phenomenon, since, to a large extent, it operates through unofficial, informal, or illegal transactions. Special emphasis is given to the cases of Sudan and Egypt to illustrate the operations of the hidden economy and to identify its agents and characteristic features. |
| first_indexed | 2024-09-23T15:43:09Z |
| format | Article |
| id | mit-1721.1/141540 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T15:43:09Z |
| publishDate | 2022 |
| publisher | © Elsevier B.V. |
| record_format | dspace |
| spelling | mit-1721.1/1415402022-05-05T16:00:26Z The hidden economy: A new view of remittances in the Arab world Choucri, Nazli The hidden economy is set in place by the large-scale migration of labor in search of employment outside national boundaries. Remitted earnings, channeled largely through informal mechanisms, have generated a network of financial and economic relations that define the boundaries and characteristic features of the hidden economy. The hidden economy shapes many of the critical parameters of economic activity of the Middle East, such as exchange rates and the availability of foreign exchange. It is difficult to observe (or measure) working of this important phenomenon, since, to a large extent, it operates through unofficial, informal, or illegal transactions. Special emphasis is given to the cases of Sudan and Egypt to illustrate the operations of the hidden economy and to identify its agents and characteristic features. 2022-04-03T05:40:18Z 2022-04-03T05:40:18Z 1986 Article https://doi.org/10.1016/0305-750X(86)90013-6 https://hdl.handle.net/1721.1/141540 Choucri, N. (1986). The hidden economy: A new view of remittances in the Arab world. World Development, 14(6), 697–712. en_US Attribution-NonCommercial-NoDerivs 3.0 United States http://creativecommons.org/licenses/by-nc-nd/3.0/us/ application/pdf © Elsevier B.V. |
| spellingShingle | Choucri, Nazli The hidden economy: A new view of remittances in the Arab world |
| title | The hidden economy: A new view of remittances in the Arab world |
| title_full | The hidden economy: A new view of remittances in the Arab world |
| title_fullStr | The hidden economy: A new view of remittances in the Arab world |
| title_full_unstemmed | The hidden economy: A new view of remittances in the Arab world |
| title_short | The hidden economy: A new view of remittances in the Arab world |
| title_sort | hidden economy a new view of remittances in the arab world |
| url | https://doi.org/10.1016/0305-750X(86)90013-6 https://hdl.handle.net/1721.1/141540 |
| work_keys_str_mv | AT choucrinazli thehiddeneconomyanewviewofremittancesinthearabworld AT choucrinazli hiddeneconomyanewviewofremittancesinthearabworld |