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Total records found : 1
Simplified search suggestions : Alnuaimi Ahmed Abdulla Rashed
12021
Thesis
Determinants of migrant workers remittances: a case study of the Gulf Cooperation Council countries
Alnuaimi, Ahmed Abdulla Rashed
The purpose of this study is to analyze macroeconomic, non-macroeconomic and financial sector development (FSD) factors that influence migrant workers’ remittances in the selected Gulf Cooperation Council (GCC) countries. An augmentedgravity model was employed as the theoretical framework and econometric methods were used to examine the relationships between macroeconomics (Gross Domestic Product (GDP), exchange rates, and inflation rates), non-macroeconomics (borders, cultural and history, partner countries, distances, and language) and FSD factors(credit to private sector (CPS) and openness to trade (OT)) towards remittances. Data sources fromWorld Bank and group of central banks from 1989 to 2012 wereutilized. The empirical findings demonstrated that the GDP of the countries was the most significant factor in influencing the remittance flows. Moreover, other macroeconomic factors were also found to be significant in affecting the remittances including exchange and infla.....

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