ABSTRACT

The OPEC-ordained increase in the price of oil in 1973 and subsequent increases during that decade transformed the external financial position of the oil-exporting countries. Nowhere was this more apparent than in the Middle East. The new-found wealth of the Arab oil-producing states induced many to embark on ambitious development plans. The focus of this paper is on the migration and remittance flows which this accelerated development set in train and in particular on the impact of such flows on the economy of one of the neighbouring labour-exporting states, Jordan.