Does the inflow of remittances diminish unemployment? The role of political stability in MENA countries

Purpose: Previous literature has investigated the connection amongst remittances, political stability and unemployment in remittance-receiving economies separately. Besides, they did not cover the Middle East and North African (MENA) region. Design/methodology/approach: To this end, this research us...

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Main Authors: Elorabi, Khaled, Ishak, Suryati, Maher, Mohamed
Format: Article
Language:English
Published: Emerald 2024
Online Access:http://psasir.upm.edu.my/id/eprint/115473/
http://psasir.upm.edu.my/id/eprint/115473/1/115473.pdf
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author Elorabi, Khaled
Ishak, Suryati
Maher, Mohamed
author_facet Elorabi, Khaled
Ishak, Suryati
Maher, Mohamed
author_sort Elorabi, Khaled
building UPM Institutional Repository
collection Online Access
description Purpose: Previous literature has investigated the connection amongst remittances, political stability and unemployment in remittance-receiving economies separately. Besides, they did not cover the Middle East and North African (MENA) region. Design/methodology/approach: To this end, this research uses the pooled mean group (PMG) method. Findings: The findings suggest that the influence of remittances on lowering unemployment accelerates in recipient economies with high levels of political stability. Practical implications: Policymakers in MENA countries should vigorously pursue political stability, which plays a crucial role in boosting the influence of inward remittances on unemployment alleviation. This is accomplished by establishing solid institutions that contribute to ensuring fair politics, increasing citizens' trust in the government, enhancing the rule of law and protecting investors and prioritizing policies and programs that promote political stability. Originality/value: This paper, therefore, aspires to empirically examine the impacts of inward remittances on unemployment via the moderating role of political stability in thirteen MENA-receiving countries from 1996 to 2020.
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spelling upm-1154732025-03-04T08:27:44Z http://psasir.upm.edu.my/id/eprint/115473/ Does the inflow of remittances diminish unemployment? The role of political stability in MENA countries Elorabi, Khaled Ishak, Suryati Maher, Mohamed Purpose: Previous literature has investigated the connection amongst remittances, political stability and unemployment in remittance-receiving economies separately. Besides, they did not cover the Middle East and North African (MENA) region. Design/methodology/approach: To this end, this research uses the pooled mean group (PMG) method. Findings: The findings suggest that the influence of remittances on lowering unemployment accelerates in recipient economies with high levels of political stability. Practical implications: Policymakers in MENA countries should vigorously pursue political stability, which plays a crucial role in boosting the influence of inward remittances on unemployment alleviation. This is accomplished by establishing solid institutions that contribute to ensuring fair politics, increasing citizens' trust in the government, enhancing the rule of law and protecting investors and prioritizing policies and programs that promote political stability. Originality/value: This paper, therefore, aspires to empirically examine the impacts of inward remittances on unemployment via the moderating role of political stability in thirteen MENA-receiving countries from 1996 to 2020. Emerald 2024 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/115473/1/115473.pdf Elorabi, Khaled and Ishak, Suryati and Maher, Mohamed (2024) Does the inflow of remittances diminish unemployment? The role of political stability in MENA countries. Journal of Economic Studies, 51 (8). pp. 1571-1585. ISSN 0144-3585 https://www.emerald.com/insight/content/doi/10.1108/jes-08-2023-0453/full/html 10.1108/jes-08-2023-0453
spellingShingle Elorabi, Khaled
Ishak, Suryati
Maher, Mohamed
Does the inflow of remittances diminish unemployment? The role of political stability in MENA countries
title Does the inflow of remittances diminish unemployment? The role of political stability in MENA countries
title_full Does the inflow of remittances diminish unemployment? The role of political stability in MENA countries
title_fullStr Does the inflow of remittances diminish unemployment? The role of political stability in MENA countries
title_full_unstemmed Does the inflow of remittances diminish unemployment? The role of political stability in MENA countries
title_short Does the inflow of remittances diminish unemployment? The role of political stability in MENA countries
title_sort does the inflow of remittances diminish unemployment? the role of political stability in mena countries
url http://psasir.upm.edu.my/id/eprint/115473/
http://psasir.upm.edu.my/id/eprint/115473/
http://psasir.upm.edu.my/id/eprint/115473/
http://psasir.upm.edu.my/id/eprint/115473/1/115473.pdf