Determinants of Remittance Outflows: The Case of Saudi Arabia

Abstract

International labor migration has played a key role in the development of both advanced and developing countries. Many developing countries in Asia have relied on labor migration, mainly to the oil-rich Gulf region, to reduce both unemployment and poverty (Naseem 2007). Mansoor and Quillin (2006) explain that poverty, unemployment and low wages in developing countries are the main drivers of migration from these countries. Higher wages and the potential for improved standards of living and professional development in resource-rich countries are pull factors for migration.