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Labour Imports/ Exports for Economic Development: The Middle East Experience

In: Human Resources, Employment and Development

Author

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  • Zafer H. Ecevit

    (World Bank)

Abstract

The value of petroleum exports from OPEC’s twelve major petroleum-exporting members rose from $35 billion in 1973 to $112 billion in 1974 and reached $137 billion in 1977.2 In the petroleum-exporting countries of the Middle East and North Africa, the sharp increase in revenues substantially eased, and in some cases practically eliminated, the financial constraints to economic growth. Yet this development brought with it difficult issues and choices for policy-makers. Apart from the socio-political choices concerning the appropriate role of the public and private sectors, standards of income distribution, and rates of petroleum depletion, they had the difficult task of mobilising other factors of production. Absorption of existing revenues, and thus economic growth, was impeded by a lack of infrastructure and, more importantly, by an acute shortage of manpower at all skill levels.

Suggested Citation

  • Zafer H. Ecevit, 1983. "Labour Imports/ Exports for Economic Development: The Middle East Experience," International Economic Association Series, in: Burton Weisbrod & Helen Hughes (ed.), Human Resources, Employment and Development, chapter 23, pages 331-345, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-22741-9_23
    DOI: 10.1007/978-1-349-22741-9_23
    as

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