Home » Expats and the Labor Force: The Story of the Gulf Cooperation Council Countries by George Naufal
Expats and the Labor Force: The Story of the Gulf Cooperation Council Countries George Naufal

Expats and the Labor Force: The Story of the Gulf Cooperation Council Countries

George Naufal

Published August 16th 2013
ISBN : 9781299262003
ebook
199 pages
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 About the Book 

This book will investigate the labor force in the Gulf Cooperation Council (GCC) countries primarily focusing on labor migration and remittances. The GCC countries have the highest share of foreign labor in the world. We would like to examine theMoreThis book will investigate the labor force in the Gulf Cooperation Council (GCC) countries primarily focusing on labor migration and remittances. The GCC countries have the highest share of foreign labor in the world. We would like to examine the multidimensional aspects of such a large foreign population. We first look at the reasons behind its existence and then discuss its implications on the local and regional economies largely concentrating on the monetary outflows from the GCC countries. A large number of foreign workers first impose serious competition for the local workforce but also send a huge amount of money back home. The GCC countries rank among the top countries in the world in terms of remittance outflows (both in absolute and relative size). The literature on remittances has largely ignored the economic consequences of remittance outflows on the sending economies. This book will provide the first comprehensive analysis.