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Regional and Global Integration

Author

Listed:
  • El Mouhoub Mouhoud

    (LEDa - Laboratoire d'Economie de Dauphine - Université Paris Dauphine-PSL - PSL - Université Paris Sciences et Lettres)

  • Ishac Diwan

Abstract

In the past 50 years, the MENA region has been integrated to the world economy through two main channels: the sale of oil, and labor migration. Labor migration, in retrospect, acted as the main way to redistribute oil revenues from the oil exporting to the importing countries, especially those in the Mashrek region, greatly benefitting millions of households. The migration of mostly unskilled workers from the Maghreb to Europe, during its period of fast growth, played a similar role. But migration will almost certainly never again boom as it did in the past.

Suggested Citation

  • El Mouhoub Mouhoud & Ishac Diwan, 2016. "Regional and Global Integration," Post-Print hal-01873776, HAL.
    • Handle: RePEc:hal:journl:hal-01873776
    as

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