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Middle East and North Africa Economic Monitor April 2016

2016-04-11 Business & Economics
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Release : 2016-04-11
Genre : Business & Economics
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Book Rating : 070/5 ( reviews)

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Book Synopsis Middle East and North Africa Economic Monitor April 2016 by : Shantayanan Devarajan

Download or read book Middle East and North Africa Economic Monitor April 2016 written by Shantayanan Devarajan. This book was released on 2016-04-11. Available in PDF, EPUB and Kindle. Book excerpt: The short term economic outlook for the Middle East and North Africa (MENA) region remains “cautiously pessimistic†?. A combination of civil wars and refugee inflows, terrorist attacks, cheap oil, and subdued global economic recovery is expected to keep average growth in the MENA region around 3 percent in 2016, for the fourth year in a row. Furthermore, the humanitarian and economic situation in the war torn countries keep deteriorating. In this report we will explore ways in which a strategy of reconstruction of Syria—the most war-ravaged country in the region—could help foster a sustainable peace. This report argues that the impact of the civil war on the Syrian society will be persistent, and the challenges facing the country need to be addressed now. The report calls for the international community to be the guarantor of an inclusive reconstruction strategy that not only makes peace sustainable tomorrow, but makes it happen today: peace and reconstruction are two sides of the same coin.

Middle East and North Africa Economic Monitor, April 2015

2015-04-14 Business & Economics
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Release : 2015-04-14
Genre : Business & Economics
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Book Rating : 08X/5 ( reviews)

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Book Synopsis Middle East and North Africa Economic Monitor, April 2015 by : Shantayanan Devarajan

Download or read book Middle East and North Africa Economic Monitor, April 2015 written by Shantayanan Devarajan. This book was released on 2015-04-14. Available in PDF, EPUB and Kindle. Book excerpt: The economic outlook for the Middle East and North Africa (MENA) region in 2015 is slightly more favorable than in 2013-14, when the region as a whole grew at 3 percent a year. The World Bank group’s latest MENA Economic Monitor projects MENA’s economic growth to average 5.2 percent in 2015 driven by domestic consumption, easing political tensions crowding-in investments in Egypt and Tunisia, and full resumption of oil production in Libya. However the violent conflicts in Syria, Iraq, Gaza, Yemen and Libya with their spillovers to Lebanon and Jordan could make MENA’s economic prospects bleak. The report has a special focus on the corrosive nature of the large energy subsidies in MENA. The MENA region is currently experiencing growth below potential, high unemployment, urban air pollution and congestion, and severe water scarcity that is undermining agriculture. The report shows how energy subsidies have contributed to these development challenges. Reforming these subsidies, therefore, should be one of the highest priorities of policymakers.

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

2012-06-26 Business & Economics
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Release : 2012-06-26
Genre : Business & Economics
Kind : eBook
Book Rating : 029/5 ( reviews)

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Book Synopsis The Economics of the Middle East and North Africa (MENA) by : Joseph Pelzman

Download or read book The Economics of the Middle East and North Africa (MENA) written by Joseph Pelzman. This book was released on 2012-06-26. Available in PDF, EPUB and Kindle. Book excerpt: 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

Middle East and North Africa Economic Monitor, October 2018

2018-10-03 Business & Economics
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Release : 2018-10-03
Genre : Business & Economics
Kind : eBook
Book Rating : 671/5 ( reviews)

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Book Synopsis Middle East and North Africa Economic Monitor, October 2018 by : Rabah Arezki

Download or read book Middle East and North Africa Economic Monitor, October 2018 written by Rabah Arezki. This book was released on 2018-10-03. Available in PDF, EPUB and Kindle. Book excerpt: "After a sharp fall in 2017, economic growth in MENA is projected to rebound to 3.1 percent in 2018, thanks to the positive global outlook, oil prices stabilizing at relatively higher levels, stabilization policies and reforms, and recovery and reconstruction as conflicts recede. The outlook for MENA remains positive, and the growth rebound is expected to gain momentum over the next two years, exceeding 3 percent in 2020. While stabilization policies have helped economies adjust in recent years, .a second phase of reforms is needed should be transformative if the region is to reach its potential and create jobs for hundred million young people who will enter the labor market in coming decades. In this report, we explore the role that public-private partnerships can play. not only in providing an alternative source of financing but in helping change the role of the state from the main provider of employment to an enabler of private sector activity. Studies have shown that the gap between MENA economies and fast-growing ones is the performance of the services sector. The disruptive technology offers new opportunities for boosting private-sector-led growth through enhancement of high-tech jobs in the services sector. The report argues that combining the region's fast-growing pool of university graduates and a heavy penetration of social media and smartphone, could serve as the foundation for a digital sector that could create much-needed private sector jobs for the youth over the next decade."

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

2003-09-05 Business & Economics
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Release : 2003-09-05
Genre : Business & Economics
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Book Rating : 290/5 ( reviews)

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Book Synopsis Challenges of Growth and Globalization in the Middle East and North Africa by : Mr.Hamid R Davoodi

Download or read book Challenges of Growth and Globalization in the Middle East and North Africa written by Mr.Hamid R Davoodi. This book was released on 2003-09-05. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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