Promoting U.S. Commerce in the Middle East and North Africa

Promoting U.S. Commerce in the Middle East and North Africa
Author: United States. Congress. House. Committee on Foreign Affairs. Subcommittee on the Middle East and North Africa
Publisher:
Total Pages: 44
Release: 2015
Genre: Africa, North
ISBN:

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Promoting U.s. Commerce in the Middle East and North Africa

Promoting U.s. Commerce in the Middle East and North Africa
Author: United States. Congress
Publisher: Createspace Independent Publishing Platform
Total Pages: 42
Release: 2017-09-18
Genre:
ISBN: 9781976515477

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Promoting U.S. commerce in the Middle East and North Africa : hearing before the Subcommittee on the Middle East and North Africa of the Committee on Foreign Affairs, House of Representatives, One Hundred Fourteenth Congress, first session, July 22, 2015.

Trade, Investment, and Development in the Middle East and North Africa

Trade, Investment, and Development in the Middle East and North Africa
Author: Dipak Das Gupta
Publisher: World Bank Publications
Total Pages: 302
Release: 2003-01-01
Genre: Business & Economics
ISBN: 9780821355749

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There is a large potential for expanding trade in the Middle East and North Africa region. This work discusses ways forward for trade integration, capturing the diversity of country experiences within the region without losing the generality of principles involved.

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

Challenges of Growth and Globalization in the Middle East and North Africa
Author: Mr.Hamid R Davoodi
Publisher: International Monetary Fund
Total Pages: 44
Release: 2003-09-05
Genre: Business & Economics
ISBN: 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.

The Near East and North Africa

The Near East and North Africa
Author: Commerce Action Group for the Near East
Publisher:
Total Pages: 72
Release: 1974
Genre: Africa, North
ISBN:

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Champions Wanted

Champions Wanted
Author: Mélise Jaud
Publisher: World Bank Publications
Total Pages: 91
Release: 2015-04-21
Genre: Business & Economics
ISBN: 1464804613

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While other emerging regions were thriving, MENA's aggregate export performance over the past two decades has been consistently weak. Using detailed firm-level export data from Customs administrations, this report explains why. One central finding is that the size distribution of MENA's exporting firms is suggestive of a critical weakness at the top. With the exception of the top firm, MENA's elite exporters are smaller and weaker compared to their peers in other regions. The largest exporter is alone at the top-Zidane without a team. MENA countries have failed to nurture a group of export superstars which critically contribute to export success in other regions. Part of the reason behind weak export performance is the lack of a competitive real exchange rate. The deleterious effects of an uncompetitive currency can be traced all the way down to the firm, hurting expansion at the intensive and extensive margin and preventing the emergence of export take-offs. The lack of heavy weight exporters at the top of the distribution also reflects the region's failure to push for trade and business climate reforms energetically. Finally, MENA's prevalent cronyism and corruption under pre-Arab Spring regimes (at least) confirms that business-government ties led to distortionary allocation of favors and rent dissipation by beneficiary firms, with little evidence that those firms developed into national champions or helped lift the region's export performance. The possibility of state capture in itself should call for caution when advocating any form of government intervention. In contrast, some interventions, like export promotion programs show effects on small exporters. However, because these firms are marginal in trade, such programs cannot be game changers. More broadly, the success of MENA countries in promoting export growth and diversification as well as generating jobs depends heavily on their ability to create an environment where large firms can invest and expand exports and new, efficient firms can rise to the top.

Middle East and North Africa Investment Policy Perspectives

Middle East and North Africa Investment Policy Perspectives
Author: OECD
Publisher: OECD Publishing
Total Pages: 253
Release: 2021-03-30
Genre:
ISBN: 9264473041

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Middle East and North Africa Investment Policy Perspectives highlights the considerable progress in investment policies made by the region’s governments over the past decade. Yet, the reform momentum needs to be sustained and deepened for the benefits of investment to be shared with society at large and for growth to be sustainable, particularly in the context of the COVID-19 pandemic and resulting global economic upheaval.