Do the Gulf Oil-Producing Countries Influence Regional Growth? The Impact of Financial and Remittance Flows

Do the Gulf Oil-Producing Countries Influence Regional Growth? The Impact of Financial and Remittance Flows
This paper tests the association between the Gulf Cooperation Council (GCC) countries' financial and remittance outflows and regional growth in the Middle East. The findings, based on 35-year panel data, indicate that growth rates of real GDP, private consumption and private investment in regional countries are strongly associated with... READ MORE...

Publication date: July 2008
ISBN 9781451870251
$18.00

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