The Political Economy of Unearned Foreign Income: An Application for Non-oil Producing Muslim States
Publication Year
2017
Type
Book Chapter
Abstract
This entry argues that foreign aid and remittances constitute a form of “unearned foreign income” that has affected the public finances and shaped political outcomes in the non-oil producing Muslim countries in North Africa, the Middle East, and South Asia. Aid and remittance flows have stabilized authoritarian rule in this “broader” Middle East and North Africa (MENA) region by reducing the likelihood of conflict, fostering corruption, and extending the duration of non-democratic governments.
Book Title
Palgrave Dictionary on Middle East Economics
Publisher
Palgrave MacMillan