Economic Theory Underlying Adjustment Policies in Arab Countries

Economic Theory Underlying Adjustment Policies in Arab Countries
Author: Jamil Tahir
Publisher: North Holland
Total Pages: 346
Release: 1997
Genre: Business & Economics
ISBN:

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As background to construction of a macroeconomic model, focuses on issues pertaining to stabilization and structural adjustment.

The Social Effects of Economic Adjustment on Arab Countries

The Social Effects of Economic Adjustment on Arab Countries
Author: Taher Hamdi Kanaan
Publisher: International Monetary Fund
Total Pages: 272
Release: 1997-04-11
Genre: Business & Economics
ISBN: 9781557756053

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The papers presented in this volume edited by Taher H. Kanaan - the eighth in a series of seminars sponsored by the Arab Fund for Economic and Social Development, the Arab Monetary Fund, the IMF, and the World Bank - explore the relationship between economic reforms, growth, employment, and social sector performance. Topics discussed include the political and social dimensions of policies privatization in the social sectors, social safety nets, poverty and the poor, and women, poverty, and population growth.

Adjustment Policies and Development Strategies in the Arab World

Adjustment Policies and Development Strategies in the Arab World
Author: Mr. Saíd El-Naggar
Publisher: International Monetary Fund
Total Pages: 212
Release: 1987-09-15
Genre: Business & Economics
ISBN: 1455255742

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Edited by Said El-Naggar, this book contains six papers presented at a seminar held in Abu Dhabi, United Arab Emirates, under the sponsorship of the Arab Monetary Fund and the IMF. The papers address the issues of adjustment and development in the Arab World, including the role of the IMF and the World Bank, and include case studies on Egypt, Jordan, and Morocco.

The Arab Authoritarian Regime between Reform and Persistence

The Arab Authoritarian Regime between Reform and Persistence
Author: Henner Fürtig
Publisher: Cambridge Scholars Publishing
Total Pages: 175
Release: 2009-03-26
Genre: Political Science
ISBN: 1443809047

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Economic and/or political liberalisation became a symbol of Arab authoritarian regimes since the initial phase of the “third wave of democratisation” in the early 1990s. Arab rulers found out that liberalisation could help strengthening their authoritarian rule; it diminishes both internal and external pressure and increases their legitimacy. While the regimes soon figured out that the West finally preferred stability and the containment of Islamic militancy to uncertainty caused by democratic “experiments”, 9/11 proved the failure of this unwritten agreement. Based on the experience that democracies do not wage wars against each other, the U.S. government came to the conclusion that only a sincere advancement of human rights and democracy in the Islamic world would – in the long run – avoid a repetition of 9/11-like events. The book analyses in detail how selected Arab regimes from Morocco in the West via Egypt in the centre to Syria and Palestine in the East reacted to this new, unprecedented challenge. Most of them promised a substantial intensification of the liberalisation process. Therefore, the book had to answer the question whether the current reforms are still rhetorical and cosmetic or real and radical, i.e. whether they once again rather foster the authoritarian regimes or lean towards the promotion of democratisation this time. Although a certain surplus of freedom for the ruled could be measured, the book resumed that the liberalisation process is still opposed to democratisation insofar as the authoritarian elite continues to use it as a tool to avoid democracy. Nevertheless, the authors did not stop here. They stated that under the complex circumstances of the modern world even rational actors such as Arab regimes cannot assess all the long-term consequences of their actions. Therefore, they cannot definitely be sure whether a specific measure contributes to the strengthening or to the weakening of their rule. Unintended, the reforms may result in long-term developments which are detrimental to the interests of the authoritarian elite. In other words, if certain liberalisation policies increase the legitimacy of the authoritarian rule in the short run, it still cannot be excluded that they may destabilise the system in the long run, i.e. democracy may come “by accident”.

Economic Development of the Arab Countries

Economic Development of the Arab Countries
Author: Mr.Saíd El-Naggar
Publisher: International Monetary Fund
Total Pages: 312
Release: 1993-05-15
Genre: Business & Economics
ISBN: 9781557753328

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This volume, edited by Said El-Naggar, is the fifth in a series of seminars dealing with economic issues of particular importance to the Arab countries. Held in Manama, Bahrain, in February 1993, it covered topics pertaining to economic development of the Arab countries in the nineties. The seven papers that were presented comprised economic reform in the Arab countries, including particularly structural issues; investment policies and capital flows; inter-Arab labor movements; environment and development; development of human resources; and European economic integration. An overview of the topics is presented by the seminar moderator, Said El-Naggar.

Causes and Consequences of Income Inequality

Causes and Consequences of Income Inequality
Author: Ms.Era Dabla-Norris
Publisher: International Monetary Fund
Total Pages: 39
Release: 2015-06-15
Genre: Business & Economics
ISBN: 1513547437

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This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa

The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa
Author: Mr.Bjoern Rother
Publisher: International Monetary Fund
Total Pages: 43
Release: 2016-09-16
Genre: Social Science
ISBN: 1475535783

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In recent decades, the Middle East and North Africa region (MENA) has experienced more frequent and severe conflicts than in any other region of the world, exacting a devastating human toll. The region now faces unprecedented challenges, including the emergence of violent non-state actors, significant destruction, and a refugee crisis bigger than any since World War II. This paper raises awareness of the economic costs of conflicts on the countries directly involved and on their neighbors. It argues that appropriate macroeconomic policies can help mitigate the impact of conflicts in the short term, and that fostering higher and more inclusive growth can help address some of the root causes of conflicts over the long term. The paper also highlights the crucial role of external partners, including the IMF, in helping MENA countries tackle these challenges.

Economic Diversification in Oil-Exporting Arab Countries

Economic Diversification in Oil-Exporting Arab Countries
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 41
Release: 2016-04-29
Genre: Business & Economics
ISBN: 1498345697

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countries face similar challenges to create jobs and foster more inclusive growth. The current environment of likely durable low oil prices has exacerbated these challenges. The non-oil private sector remains relatively small and, consequently, has been only a limited source of growth and employment. Because oil is an exhaustible resource, new sectors need to be developed so they can take over as the oil and gas industry dwindles. Over-reliance on oil also exacerbates macroeconomic volatility. Greater economic diversification would unlock job-creating growth, increase resilience to oil price volatility and improve prospects for future generations. Macro-economic stability and supportive regulatory and institutional frameworks are key prerequisites for economic diversification...

The Economics of the Middle East and North Africa (MENA)

The Economics of the Middle East and North Africa (MENA)
Author: Joseph Pelzman
Publisher: World Scientific Publishing Company
Total Pages: 290
Release: 2012-06-26
Genre: Business & Economics
ISBN: 9813108029

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The Middle East and North Africa (MENA) is a large, complex, and diverse region, which faces a wide range of economic issues. The MENA group includes Algeria, Bahrain, Cyprus, Djibouti, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, Turkey, United Arab Emirates, and Yemen. This book uses analytical tools drawn from the trade, labor, finance, and development literature to critically analyze and compare these countries' economic policies. The approach taken in this book is to focus on the economic policies and institutional arrangements which have evolved in MENA and which may serve to explain the differences in each country's economic performance. The key objective of the book is to unravel the context-specific variety of growth-promoting policies within MENA rather than focus on specific countries. This book stresses that the poor performance of Arab MENA can be chiefly explained by their aversion to a Western paradigm of market economics. In the advanced industrial countries and in Israel, “globalization” is largely viewed in economic terms — the free movement of goods, services, labor and capital across borders. In the Arab MENA, however, “globalization” is viewed in largely ideological terms and has been regarded as a new version of imperialism. Consequently, the Arab MENA region remains one of the most un-globalized regions in the world. The book serves as both a textbook and a summary of the very large literature on MENA. It examines the following economic realities of the region and compares them across the MENA economies: Technology gap and comparative developmentThe value of education and human capital developmentWater and food securityThe economics and politics of oilPopulation growth, role of gender, and labor mobilityThe role of the state as economic actorThe economic value of democracyThe prospects for regional integration

Doing Business 2020

Doing Business 2020
Author: World Bank
Publisher: World Bank Publications
Total Pages: 241
Release: 2019-11-21
Genre: Business & Economics
ISBN: 1464814414

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Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.