13.05.2019 New Publication at Journal of Economic Policy Reform
In a joint study, Prof. Dr. Mohammad Reza Farzanegan (@MR_Farzanegan) and Dr Sherif Maher Hassan (@MSResearchHub) have published a new research article entitled “How does the flow of remittances affect the trade balance of the Middle East and North Africa?” in the Journal of Economic Policy Reform.
- Remittances in the labour abundant countries of the MENA region are increasing the trade deficit.
- The effect of remittances on trade deficit is stronger in economies with weaker investment rates.
- Policy makers need to promote investment and production capacity to channelize the remittances to productive and export oriented sectors.
The article can be accessed here: https://doi.org/10.1080/17487870.2019.1609357