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Privilege-Resistant Policies in the Middle East and North Africa

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Release : 2018-02-06
Genre : Law
Kind : eBook
Book Rating : 08X/5 ( reviews)

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Book Synopsis Privilege-Resistant Policies in the Middle East and North Africa by : Syed Akhtar Mahmood

Download or read book Privilege-Resistant Policies in the Middle East and North Africa written by Syed Akhtar Mahmood. This book was released on 2018-02-06. Available in PDF, EPUB and Kindle. Book excerpt: Renewing the social contract, one of the pillars of the new World Bank Group strategy for the Middle East and North Africa, requires a new development model built on greater trust; openness, transparency, inclusive and accountable service delivery; and a stronger private sector that can create jobs and opportunities for the youth of the region. Recent analytic work trying to explain weak job creation and insufficient private sector dynamism in the region point to formal and informal barriers to entry and competition. These barriers privilege a few (often unproductive) incumbents who enjoy a competition-edge due to their connections or ability to influence policy making and delivery. Policy recommendations to date in the field of governance for private sector policymaking have been too general and too removed from concrete, actionable policy outcomes. This report proposes -for the first time- to fill this policy and operational gap by answering the following question: What good governance features should be instilled in the design of economic policies and institutions to help shield them from capture, discretion and arbitrary implementation? The report proposes an innovative conceptual and measurement framework that encapsulates the governance features that could shield policies from capture, discretion and arbitrary enforcement that limits competition. The report offers a menu of operational and technical entry-points to enhance privilege-resistant policy making in a concrete way, that is politically tractable in different country contexts.

Towards Privilege-Resistant Economic Policies in MENA

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Release : 2017
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Towards Privilege-Resistant Economic Policies in MENA by : Weltbank

Download or read book Towards Privilege-Resistant Economic Policies in MENA written by Weltbank. This book was released on 2017. Available in PDF, EPUB and Kindle. Book excerpt: Unemployment rates in the Middle East and North Africa (MENA) region are among the highest in the world, especially for young graduates. Policy recommendations to date in the field of governance for private sector policymaking have been too general and too removed from concrete, actionable policy outcomes. This report presents, for the first time to fill this policy and operational gap by answering the following question: what good governance features should be instilled in the design of economic policies and institutions to help shield them from capture, discretion, and arbitrary implementation? The report presents an innovative conceptual framework that encapsulates the governance features that can shield policies from capture, discretion, and arbitrary enforcement that limits competition. Based on this framework, a check-list of policy features in a wide range of policy areas relevant to private sector development policy is presented, notably in terms of: (i) the process of policy-making (ex-ante); (ii) the actual policies, regulations, and their implementation (for example, business regulations, procurement, financing, trade); and (iii) competition policy and other attributes like open-business and transparency measures that help identify, and prevent or deter anti-competitive market behavior and outcomes (ex-post). The report benchmarks eight countries along the framework and checklist of indicators, pointing, for each country, to policy gaps and poor governance features that make these countries prone to capture and discretion. The report offers a menu of operational and technical entry-points to engage the capture agenda in a concrete way, one that may be more politically tractable in some of the client countries.

Middle East and North Africa Investment Policy Perspectives

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Release : 2021-03-30
Genre :
Kind : eBook
Book Rating : 041/5 ( reviews)

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Book Synopsis Middle East and North Africa Investment Policy Perspectives by : OECD

Download or read book Middle East and North Africa Investment Policy Perspectives written by OECD. This book was released on 2021-03-30. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Informality and Inclusive Growth in the Middle East and North Africa

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Release : 2023-06-30
Genre : Business & Economics
Kind : eBook
Book Rating : 890/5 ( reviews)

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Book Synopsis Informality and Inclusive Growth in the Middle East and North Africa by : Gladys Lopez-Acevedo

Download or read book Informality and Inclusive Growth in the Middle East and North Africa written by Gladys Lopez-Acevedo. This book was released on 2023-06-30. Available in PDF, EPUB and Kindle. Book excerpt: The long-standing informality debate in the Middle East and North Africa (MENA) Region has taken on a new urgency as it looks for a pathway to more socially inclusive growth that is less reliant on fossil fuels. This is occurring against a backdrop of subpar labor market outcomes, further growth setbacks, and deteriorating fiscal and current account deficits in the aftermath of the COVID-19 pandemic--and in the wake of high inflation and supply chain disruptions triggered by the Russian Federation-Ukraine war. 'Informality and Inclusive Growth in the Middle East and North Africa' aims to better understand the characteristics and incentive structure that have led to the prevalence of informal employment in three MENA countries--the Arab Republic of Egypt, Morocco, and Tunisia. The report breaks new ground by adopting a comprehensive perspective to focus on the features of, and interrelationships among, different aspects of these countries' institutional landscapes to make sense of the complex incentive structure that workers and firms face when deciding between formal and informal options. Specifically, the report groups these issues in three broad realms: (1) entrepreneur-worker relations, (2) taxes and transfers, and (3) market conditions. 'This report is an extremely welcome addition to the literature on MENA labor markets. By analyzing the incentive structure and institutional factors that have led to the prevalence of informal employment in Egypt, Morocco, and Tunisia, it points the way to policy actions that can be taken to reduce informality and increase social protection for workers. It is a must-read for anyone who cares about greater economic inclusion in MENA.' --Ragui Assaad, Professor, Hubert H. Humphrey School of Public Affairs, University of Minnesota 'A compelling account of the implications of informality in the workforce and how economies of MENA can design appropriate policy responses. This timely report comes amid multiple social reforms in MENA and is a must-read for policy practitioners and economists in the region.' --Karim El Aynaoui, Executive President, Policy Center for the New South 'This report is particularly timely given the negative impact the COVID-19 pandemic and subsequent crises have had on living standards and poverty rates around the world and especially in MENA countries. While the focus on boosting growth and achieving the Sustainable Development Goals has revolved around financing, the report sheds new light on the benefits that tackling informality through institutional, regulatory, and policy changes could present to achieving these goals.' --Mahmoud Mohieldin, Executive Director, International Monetary Fund

Exports to Improve Labor Markets in the Middle East and North Africa

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Release : 2023-06-26
Genre : Business & Economics
Kind : eBook
Book Rating : 734/5 ( reviews)

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Book Synopsis Exports to Improve Labor Markets in the Middle East and North Africa by : Gladys Lopez-Acevedo

Download or read book Exports to Improve Labor Markets in the Middle East and North Africa written by Gladys Lopez-Acevedo. This book was released on 2023-06-26. Available in PDF, EPUB and Kindle. Book excerpt: In the Middle East and North Africa (MENA), trade liberalization measures have coincided with stable economic growth, and GDP per capita growth has surpassed that of other developing regions. However, MENA's labor-market outcomes--such as average wage levels, informality rate, and female labor force participation--continue to underperform. Why has rising trade failed to produce better labor market outcomes in low- and middle-income countries in the region? 'Exports to Improve Labor Markets in the Middle East and North Africa' focuses on the impact of trade policy on trade-flows and their relationship with local labor market outcomes in three low- and middle-income countries--the Arab Republic of Egypt, Morocco, and Tunisia. Given their idiosyncratic labor markets, export diversification, and trade policy history, these three countries other important lessons for economic development in the region. Policy makers and stakeholders can use these findings to design policies to improve the chances that higher trade flows will deliver better labor market outcomes and ensure that the benefits are more equally shared. 'This report, led by Gladys Lopez-Acevedo and Raymond Robertson, pushes forward the frontier of knowledge about the relationship between trade and the labor market in MENA. Although focusing on three countries (the Arab Republic of Egypt, Morocco, and Tunisia), it gives us broader lessons on how to solve the apparent puzzle of greater exposure to trade not being followed by greater labor market outcomes in the region. It points out, among other factors, how market segmentation by gender shapes the effects of trade shocks like higher exports. Policy makers in the region will definitely benefit from the evidence and analysis conveyed by the report on how to turn trade integration into a lever for shared prosperity.' --Otaviano Canuto, Senior Fellow at the Policy Center for the New South, and former Vice President of the World Bank 'This timely report attempts to understand why trade expansion did not produce the desired improvements in labor market outcomes in three non-oil-exporting countries in MENA. The main reason for the weak link between trade expansion and widely shared labor market improvements appears to be the segmented nature of labor markets in the three countries, by gender as well as by formality status. In Morocco and Tunisia, the highly segmented labor markets along gender lines, in combination with the concentration of trade in male-dominated capital-intensive sectors, led to few employment benefits accruing to women. In Egypt, the limited impact of trade on formal employment is attributable to the small size of the nation’s export sector and its lack of integration with the rest of the economy. These findings are critical to understanding how barriers to widely shared prosperity can be tackled in the region.' --Ragui Assaad, Professor, Humphrey School of Public Affairs, University of Minnesota

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