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Abstract

It has been two years since the beginning of COVID-19, a one-of-a-kind crisis in recent history. The global economy was disrupted entirely in a few months and most economies faced shutdowns. While many disruptions can be explained, especially the economic disruptions, parts of the puzzle remain unanswered. In this instant insight, we examine the exceptional behavioral shift and trend break in remittance outflows from Saudi Arabia, which ranks in the top-five countries for remittance outflows globally.

Authors

Abdulelah Darandary

Research Associate Abdulelah is an economist and Research Associate at the King Abdullah Petroleum Studies and Research Center (KAPSARC). He primarily works… Abdulelah is an economist and Research Associate at the King Abdullah Petroleum Studies and Research Center (KAPSARC). He primarily works with econometric modeling, with a research focus on macroeconomics and energy, international trade and investment flows, financial development, and public policy. His work has been published in several peer-reviewed journals. During the Saudi G20 presidency, he was the Task Force coordinator, member, and co-author for the Trade, Investment, and Growth Taskforce for Think20 (T20). Before joining KAPSARC, Abdulelah was an economic consultant for a major consultancy firm, where he provided policy analyses, modeling, and forecasting for the impacts of public spending on social and economic indicators. Abdulelah holds a master’s degree in Applied Economics and a Bachelor of Banking and Financial Economics from the University of North Dakota.

Expertise

  • Macroeconomics
  • Economic Growth
  • International Trade and Investment
  • Financial Development
  • Energy Demand
  • Public Policy

Publications See all Abdulelah Darandary’s publications

Muhammad Javid

Senior Research Associate Muhammad is a senior research associate in Energy and Macroeconomics, currently working on the KAPSARC Global Energy Macroeconometric Model (KGEMM)… Muhammad is a senior research associate in Energy and Macroeconomics, currently working on the KAPSARC Global Energy Macroeconometric Model (KGEMM) project. Before joining KAPSARC, Muhammad worked as a senior research economist at the Pakistan Institute of Development Economics (PIDE) in Islamabad. During his 18 years in research, Muhammad has worked extensively in the areas of energy, environment, trade and macroeconomics. He also has experience working for various research, academic and governmental organizations such as King Saud University in Riyadh, Saudi Arabia, and the Benazir Income Support Program, Pakistan. Muhammad has published several peer-reviewed articles on electricity demand, energy, inflation, and environmental issues. He received Pakistan’s Higher Education Commission’s Outstanding Research Award 2015/2016 for his research paper titled “Environmental Kuznets curve and financial development in Pakistan,” published in Renewable and Sustainable Energy Reviews.

Expertise

  • Econometric Modeling; Applied Time Series Econometrics; The Economics of Energy and the Environment

Publications See all Muhammad Javid’s publications

Maria Alkhamees

Maria Alkhamees

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