Reaping the Bless of Arab Migrants: Mobilizing Diaspora for Private Sector Development

Hassan, Sherif (2016): Reaping the Bless of Arab Migrants: Mobilizing Diaspora for Private Sector Development.

Abstract

The ‘Arab Spring’ raised many economic challenges that can hardly be handled by the dominating public sector alone, amongst are the escalating unemployment rates, enormous budget deficits, and heavy dependence on food and manufactured imports. Middle East and North Africa (MENA) needs to move away from relying on nationalized ineffective public sector towards dynamic and competitive private sector as a main engine of growth. This policy brief introduces four lines of actions to utilize MENA large -and increasing- stock of international migrants whom acquire financial and intellectual resources that can play important role in promoting domestic private sector, entrepreneurships and new startups.

• Item Type: MPRA Paper
• Language: English
• Keywords: Diaspora, Arab region, private sector
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O15 - Human Resources ; Human Development ; Income Distribution ; Migration

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