Do migrant remittances decline income gap in the MENA region?

This paper investigates the impact of inward remittances on income inequality in thirteen Middle East and North Africa (MENA) economies, spanning from 1996 to 2020, employing the pooled mean group (PMG) technique. This article reveals that remittances from migrants to the MENA region contribute to i...

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Main Authors: Elorabi, Khaled, Ishak, Suryati, Mohamed Nor, Norashidah, Ibrahim, Saifuzzaman
Format: Article
Language:English
Published: Human Resource Management Academic Research Society 2023
Online Access:http://psasir.upm.edu.my/id/eprint/107403/1/107403.pdf
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author Elorabi, Khaled
Ishak, Suryati
Mohamed Nor, Norashidah
Ibrahim, Saifuzzaman
author_facet Elorabi, Khaled
Ishak, Suryati
Mohamed Nor, Norashidah
Ibrahim, Saifuzzaman
author_sort Elorabi, Khaled
collection UPM
description This paper investigates the impact of inward remittances on income inequality in thirteen Middle East and North Africa (MENA) economies, spanning from 1996 to 2020, employing the pooled mean group (PMG) technique. This article reveals that remittances from migrants to the MENA region contribute to increased income inequality, indicating that the households receiving these remittances are initially relatively well-off, and the funds significantly enhance their living standards in comparison to other families. Consequently, the paper suggests addressing challenges faced by low-income individuals aspiring to migrate, particularly in nations with high unemployment rates. These challenges encompass educational and skill deficits, information disparities, and financial limitations. Furthermore, the paper proposes implementing supplementary policies to counteract the adverse effects of remittances on income distribution, including directing resources towards initiatives that benefit the less affluent, particularly those focused on improving education, healthcare, and infrastructure. Lastly, it emphasizes the importance of prioritizing policies that foster political stability to create a business environment conducive to human and infrastructure investments.
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spelling upm.eprints-1074032024-11-04T03:06:02Z http://psasir.upm.edu.my/id/eprint/107403/ Do migrant remittances decline income gap in the MENA region? Elorabi, Khaled Ishak, Suryati Mohamed Nor, Norashidah Ibrahim, Saifuzzaman This paper investigates the impact of inward remittances on income inequality in thirteen Middle East and North Africa (MENA) economies, spanning from 1996 to 2020, employing the pooled mean group (PMG) technique. This article reveals that remittances from migrants to the MENA region contribute to increased income inequality, indicating that the households receiving these remittances are initially relatively well-off, and the funds significantly enhance their living standards in comparison to other families. Consequently, the paper suggests addressing challenges faced by low-income individuals aspiring to migrate, particularly in nations with high unemployment rates. These challenges encompass educational and skill deficits, information disparities, and financial limitations. Furthermore, the paper proposes implementing supplementary policies to counteract the adverse effects of remittances on income distribution, including directing resources towards initiatives that benefit the less affluent, particularly those focused on improving education, healthcare, and infrastructure. Lastly, it emphasizes the importance of prioritizing policies that foster political stability to create a business environment conducive to human and infrastructure investments. Human Resource Management Academic Research Society 2023-11-19 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/107403/1/107403.pdf Elorabi, Khaled and Ishak, Suryati and Mohamed Nor, Norashidah and Ibrahim, Saifuzzaman (2023) Do migrant remittances decline income gap in the MENA region? International Journal of Academic Research in Economics and Management Sciences, 12 (4). 2226 - 3624. ISSN 2226-3624; ESSN: 2311-4185 https://hrmars.com/index.php/IJAREMS/article/view/19594/Do-Migrant-Remittances-Decline-Income-Gap-in-the-MENA-Region 10.6007/ijarems/v12-i4/19594
spellingShingle Elorabi, Khaled
Ishak, Suryati
Mohamed Nor, Norashidah
Ibrahim, Saifuzzaman
Do migrant remittances decline income gap in the MENA region?
title Do migrant remittances decline income gap in the MENA region?
title_full Do migrant remittances decline income gap in the MENA region?
title_fullStr Do migrant remittances decline income gap in the MENA region?
title_full_unstemmed Do migrant remittances decline income gap in the MENA region?
title_short Do migrant remittances decline income gap in the MENA region?
title_sort do migrant remittances decline income gap in the mena region
url http://psasir.upm.edu.my/id/eprint/107403/1/107403.pdf
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