Migrant transfers in the MENA region: A two way street in which traffic is changing

While remittances from the GCC countries to Asia slowed down during the crisis, there is no evidence of large decreases. On the other hand, remittances to several MENA countries decreased during 2009, but the evidence for 2010 suggests a reversal of this pattern. Most of the recent labour policies adopted in the region have been directed towards improving the conditions of foreign workers and there is still a considerable demand for foreign labour in the region. As such, the future may bring extra competition between Asian workers and workers from other MENA countries for jobs in the GCC countries.