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Economic Challenges facing Middle Eastern and North African Countries

Author: Nemat Shafik

Publisher: Springer

Published: 2016-07-27

Total Pages: 272

ISBN-13: 1349261246

An authoritative analysis of economic performance in Middle Eastern and North African countries are presented by scholars in the region. The papers focus on the implications of changes in the world economy, in the role of the private sector, and in the need for human resource development. Country studies are presented for Egypt, the economies of the Gulf Cooperation Council, Iran, Jordan, Lebanon, Morocco, Palestine, Sudan, Syria, Tunisia, and Turkey.

Challenges Of Economic Development In The Middle East And North Africa Region

Author: Julia C Devlin

Publisher: World Scientific

Published: 2010-01-20

Total Pages: 566

ISBN-13: 9814471658

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This book surveys major economic issues in the development of countries in the Middle East and North Africa (MENA) region since World War II. It presents a framework of analysis highlighting underlying continuities in the region's approach to issues of growth, management of oil and natural resources, post-conflict environments, progress in trade liberalization and regional integration, the use of industrial policy, labor market adjustment and unemployment, educational attainment and poverty incidence. At the same time, this book focuses on emerging differences across countries in the region in the prevailing approach to addressing such challenges most notably between the economies of the Gulf Cooperation Council and other MENA countries.This book also incorporates a discussion of tools and methods used by development practitioners and briefly examines issues of aid effectiveness. The approach used is intended to appeal to a wide audience including students of economic development, political scientists and development practitioners.

The Political and Economic Challenges of Energy in the Middle East and North Africa

Author: David Ramin Jalilvand

Publisher: Routledge

Published: 2017-11-22

Total Pages: 302

ISBN-13: 1351783483

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The Middle East and North Africa (MENA) are in disarray, and shifts in the field of energy have the potential to drastically affect the course of political and economic developments in the region. Declining oil prices, skyrocketing domestic demand, the rise of unconventional oil and natural gas production in North America, as well as shifting patterns of global energy trade all put severe pressures on both producing and importing countries in the MENA region. Policy-makers are facing fundamental challenges in light of the duality of grand transformations in (geo)politics and energy. Changes in the field of energy require substantial political and economic reforms, affecting the very fabric of sociopolitical arrangements. At the same time, the MENA region’s geopolitical volatility makes any such reforms extremely risky. Including contributions by academics and analysts from both inside and outside the MENA region, this volume explores the changes in global and regional energy, the impact of changing international energy dynamics on politics and economies in the MENA region, and the challenges that will result. This is essential reading for researchers, postgraduates, and professionals in Middle Eastern and North African politics, global energy governance and regionalism.

Economic and Social Issues in the Middle East and North African Countries

Author: Nilgün Çil Yavuz

Publisher:

Published: 2013

Total Pages: 227

ISBN-13: 9781629481609

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The Middle East and North Africa (MENA) countries have witnessed important complex economic, social and political changes and transition recently. These changes resulted from not only social and political reasons called "the Arab Spring" but also economic reasons from the global economic crisis. External and internal dynamics of the MENA region force governments into an important transformation in terms of better democratic mechanisms, better governance and better social, political and economic environment. It is vital for the MENA region to establish a modern and world class social, political and economic structure in order to increase sustainable improvements of the welfare of the society as soon as possible. MENA economies have a great degree of heterogeneity across countries. The main source of economic growth is natural resources especially oil, natural gas and primary goods for many MENA economies. For this reason, the fluctuations in energy prices in the global economy deeply affect the economic performance and macroeconomic indicators of these economies. Therefore, MENA economies are exposed to macroeconomic vulnerability in the case of internal and external economic and political shocks because of their structural economic problems, low productivity and also global competitiveness level and foreign dependency in intermediate goods and finance. In this perspective, the main aim of this book is to shed light on the main economic, social and political problems and characteristics of MENA economies by considering the latest in the global and regional turmoil.

Challenges of Growth and Globalization in the Middle East and North Africa

Author: Mr.Hamid R Davoodi

Publisher: International Monetary Fund

Published: 2003-09-05

Total Pages: 44

ISBN-13: 9781589062290

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The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.

Political Economies of the Middle East and North Africa

Author: Robert Springborg

Publisher: John Wiley & Sons

Published: 2020-03-16

Total Pages: 235

ISBN-13: 1509535616

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Despite its oil wealth, the Middle East and North Africa is economically stagnating. Growth rates are comparatively unfavorable and insufficient to substantially improve citizens’ lives. Whether this economic inertia can be overcome or will continue into the indefinite future is a vital question that confronts both the region and the world. In this book leading Middle East scholar Robert Springborg discusses the economic future of this region by examining the national and regional political causes of its contemporary underperformance. Overgrown, weak MENA states, he explains, have been unable to escape their unfavorable historical legacies. “Limited access orders” and the deep states based in the means of coercion that underpin them undermine state capacities and constrain beneficial, autonomous political and economic activity. Increasingly challenged by their populations, MENA states face the daunting and so far unmet challenge of diversifying non-sustainable, rentier political economies away from direct or indirect dependence on oil and gas revenues. Stagnation of those revenues and failure to generate alternative income sources, combined with rapid population growth, presents the region with an economic challenge that can only be overcome by profound political change.

Economic Development in the Middle East and North Africa

Author: Mohamed Sami Ben Ali

Publisher: Springer

Published: 2016-01-26

Total Pages: 239

ISBN-13: 1137480661

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Using cases on individual countries, Economic Development in the Middle East and North Africa offers diverse theoretical and empirical evidence on a variety of issues facing policymakers, investors, and other stakeholders in the region.

Prospects for Middle Eastern and North African Economies

Author: Nemat Shafik

Publisher: Springer

Published: 2016-07-27

Total Pages: 334

ISBN-13: 1349261378

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Economic prospects for the countries of the Middle East and North Africa are assessed in light of the changing world economy, increasing integration of trade and financial markets, greater needs for educated labour, and growing concerns about poverty and environmental degradation. Cross-country papers on thematic topics by international scholars are presented. The need for major economic reforms is emphasized if the region is to use greater integration in the world economy as the basis for generating growth and jobs and reducing poverty.

Breaking the Barriers to Higher Economic Growth

Author: Mustapha Kamel Nabli

Publisher: World Bank Publications

Published: 2007-01-01

Total Pages: 500

ISBN-13: 0821374168

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The world's attention to the countries of the Middle East and North Africa (MENA) region has often been dominated by headline issues: conflict, sanctions, political turmoil, and rising oil prices. Little of this international attention has considered the broad range of development challenges facing this diverse group of countries. Breaking the Barriers reflects the collected thinking of the World Bank's Office of the Chief Economist for the MENA Region on the long-term development challenges facing the region and the reform priorities and strategies for effectively meeting these challenges. It.

Subsidy Reform in the Middle East and North Africa

Author: Mr.Carlo A. Sdralevich

Publisher: International Monetary Fund

Published: 2014-07-09

Total Pages: 130

ISBN-13: 1498348467

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In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms.