Employment and immigration in oil-exporting countries

Citigroup suggests a rather grim fix for oil-exporting countries struggling with the drop in crude prices: Lower ambitions for economic growth, and fewer unskilled immigrants.
Limiting immigration is a tactic that’s appealed to other countries recently…

Citigroup suggests a rather grim fix for oil-exporting countries struggling with the drop in crude prices: Lower ambitions for economic growth, and fewer unskilled immigrants.

Limiting immigration is a tactic that's appealed to other countries recently (we'd make a snarky comment about the UK, if only we Yanks were in any place to feel superior). But we're willing to at least entertain the logic, since GCC countries -- the United Arab Emirates, Bahrain, Kuwait, Oman, Qatar, and Saudi Arabia -- are in a very different situation than Europe and the US. They've historically relied heavily on foreign nationals' labour in the private sector, and employed domestic workers in oil-funded government jobs.

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