Abstract

Given that India is globally the top recipient of migrant remittances and over 90 per cent of Indian worker emigration is to oil-producing nations in the Gulf region, such significant economic relations between the two regions raise concerns that decreasing oil prices may lead to serious negative economic impacts. This article attempts to understand the association between emigration and oil price, assuming that fluctuations in oil price will adversely affect the economic prosperity of oil-producing nations and thus the emigration prospects of a significant section of global migrant workers, including millions of South Asians. Examining the association between changes in oil price and emigration from India more specifically aims to ascertain whether there is a direct correlation, so that reasonable precautions may be made regarding the impact of oil price changes on South Asian worker migrant flows.

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