Download or read book Constraintson Growth in the MENA Region written by Ms.Rina Bhattacharya and published by International Monetary Fund. This book was released on 2010-02-01 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we contribute to the empirical literature on growth in the MENA region by attempting to quantify the impact of the various constraints faced by local businesses highlighted by the World Bank’s Business Enterprise surveys. To the best of our knowledge this dataset has not been used in any empirical analysis looking at the main constraints on growth in the MENA region. Our empirical results suggest that the key direct constraints to growth in the MENA region are difficulties in access to finance, labor skill mismatches and shortages, and electricity constraints.
Download or read book Constraints on Growth in the MENA Region written by Rina Bhattacharya and published by . This book was released on 2014 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we contribute to the empirical literature on growth in the MENA region by attempting to quantify the impact of the various constraints faced by local businesses highlighted by the World Bank's Business Enterprise surveys. To the best of our knowledge this dataset has not been used in any empirical analysis looking at the main constraints on growth in the MENA region. Our empirical results suggest that the key direct constraints to growth in the MENA region are difficulties in access to finance, labor skill mismatches and shortages, and electricity constraints.
Download or read book Constraints on Trade in the MENA region written by Hirut Wolde and published by International Monetary Fund. This book was released on 2010-02-01 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we estimate gravity models to see whether trade volumes of countries in the MENA region are significantly lower than what would be expected given their economic, cultural and geographical characteristics. Our empirical results show that the variables used in standard gravity models cannot explain a significant part of MENA's trade performance, particularly on exports. We then go on to 'augment' the standard gravity model with relevant variables from the World Bank's Business Enterprise surveys. Our results further show that these variables, and in particular transport constraints and inefficiencies in customs clearance processes, are important in explaining the MENA region's underperformance in trade.
Download or read book Arab MENA Countries Vulnerabilities and Constraints Against Democracy on the Eve of the Global COVID 19 Crisis written by Hussein Solomon and published by Springer Nature. This book was released on 2020-12-08 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers readers critical insights into a region in crisis and explores different facets of the crisis from governance to gender to the politics of identity, the challenge of the environment and the enduring impact of demographic variables and technological change. Whilst exploring the nature of the crises, the book also explores how policy-makers have responded to these and what other alternatives there are in overcoming challenges posed. Whilst the focus is on the Middle East North Africa region as a whole, the authors are well aware of the unique characteristics of individual countries. Hence the book examines regional trends whilst also being conscious of the national specificities of each country. In combining the general with the particular, the book approaches its subject matter from both a quantitative and a qualitative perspective allowing one to understand regional trends and country specific peculiarities.
Download or read book Constraints to Economic Development and Growth in the Middle East and North Africa written by Juliane Brach and published by . This book was released on 2008 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Challenges of Economic Development in the Middle East and North Africa Region written by Julia Devlin and published by World Scientific. This book was released on 2010 with total page 566 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ch. 1. Is MENA exceptional? ch. 2. State formation, consolidation, and development, 1960s-1980s -- ch. 3. Toward greater use of markets and the global economy? -- ch. 4. Oil, OPEC, and the challenges of surplus management -- ch. 5. Water scarcity and agricultural policy in the MENA region -- ch. 6. Building a new future : development in the post-conflict context and post-disaster recovery -- ch. 7. Is the MENA region "open" for business? -- ch. 8. Making global integration work for MENA countries -- ch. 9. Are market disciplines sufficient? Industrial policy and technology transfer -- ch. 10. The keys to the future : human capital development in the MENA region -- ch. 11. Are MENA's labor markets the key to growth? -- ch. 12. Closing the poverty gap in MENA -- ch. 13. Development assistance and its effectiveness in MENA countries -- ch. 14. Pathways to future prosperity.
Download or read book The Economic Development Process in the Middle East and North Africa written by Alessandro Romagnoli and published by Routledge. This book was released on 2013-11-12 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering a comprehensive analysis of the development of economies in the Middle East and North Africa over the past half century, this book charts the progress of these countries through an examination of an Islamic model of economic development, reform processes, and economic integration. Far from being a simple process, economic development in the Middle East and North Africa is dependent on the interaction of a set of changing systems including; international relations, the political regime, economy, and society. By analysing these interdependent factors, The Economic Development Process in MENA seeks to provide answers to the most pressing issues facing the economies in this area. Providing an interpretation of regional development in light of dialectics between state and society, this book will be of value to students and scholars with an interest in the Middle East, Economics, and International Relations.
Download or read book Economics Of The Middle East And North Africa Mena The Second Edition written by Joseph Pelzman and published by World Scientific. This book was released on 2018-11-29 with total page 534 pages. 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.The purpose of this book is not to provide a country-by-country study, but rather to deal with general economic themes found in Arab MENA and Israel, such as problems associated with growth and structural change; the role of State-intervention in country-specific local markets; labor market imperfections driven by gender bias; technology gaps and endogenous growth; capital market development in a restricted financial model based on religious constraints; savings and investment behaviour in a model of state subsidization and intervention designed to control local development; and the role of the state in constraining private sector activity. Data sources used in this second edition include country-specific data, the World Bank, the United Nations, the International Monetary Fund and the Organisation for Economic Co-operation and Development.The new material in this second edition includes a discussion of the impending and inevitable leadership changes which will occur throughout Arab MENA over the next decades. The evidence to support this evaluation is based on the current lack of transparent markets; the lack of inclusive macro policies, the impact of distortionary micro economic policies across all sectors; and the impact of anti-globalization and xenophobia on innovation. Old chapters are revised with updated data, a discussion of the role of the 'State' and 'Oligarchies' in the economies of most of the MENA countries, an in-depth exploration of the investment in human capital and growth and an identification of the most important binding constraints to economic development in Arab MENA and Israel.This book serves as both a textbook and a summary of the very large literature on MENA. It examines the economic realities of the region and compares them across the MENA economies. It should be stressed that this book is not about the latest political debate on who did what to whom in the Middle East or in North Africa. The focus is on economics, not political economics.
Download or read book From Privilege to Competition written by World Bank and published by World Bank Publications. This book was released on 2009-11-04 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'From Privilege to Competition: Unlocking Private-Led Growth in the Middle East and North Africa' sheds new light on the difficult quest for stronger and more diversified growth in a region of unquestionable potential. It underlines the need to strengthen reforms in many areas specifically, by reducing policy uncertainty and improving credit and real estate markets. It also highlights other important issues that restrain the credibility and impact of reforms in many parts of the region: conflicts of interest between politicians and businesses, an investment climate that favors a few privileged firms, and a dominant private sector that often opposes reforms. The book recommends that countries in the Middle East and North Africa (MENA) engage in more credible reform agendas by improving the implementation of policies in a manner that will reduce discretion and privileges. This renewed commitment to stronger growth would entail several developments. First, governments will need to reduce opportunities for rent-seeking and foster competition. Second, they will need to work to reform institutions: private sector development policies will need to be systematically anchored in elements of institutional and public sector reforms in order to reduce discretion and opacity and improve the quality of services to firms. Third, they will need to mobilize all stakeholders, including larger representations from the private sector, around dedicated long-term growth strategies. Short of such a fundamental shift in the way private sector policies are formulated and implemented, investor expectations that governments are committed to reform will be limited. It will take political will and time to support sustained reforms that credibly convince investors and the public that changes are real, deep, and set to last. MENA countries are endowed with strong human capital, good infrastructure, immense resources, and a great deal of untapped creativity and entrepreneurship. The economic and social payoff of embarking on a more ambitious private-led growth agenda could thus be immense for all.
Download or read book Regional Economic Integration in the Middle East and North Africa written by Mustapha Rouis and published by World Bank Publications. This book was released on 2012-12-11 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book summarizes the constraints to and opportunities for deepening economic integration within the MENA region and beyond. Trade and investment reform are discussed together with physical connectivity, cross-border trade facilitation, infrastructure networks, and the vital role of logistics.
Download or read book Challenges of Growth and Globalization in the Middle East and North Africa written by Mr.Hamid R Davoodi and published by International Monetary Fund. This book was released on 2003-09-05 with total page 44 pages. 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.
Download or read book Economic Development in the MENA Region written by Mohamed Sami Ben Ali and published by Springer Nature. This book was released on 2021-05-08 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers new perspectives on the economic development of the Middle East and North Africa region. Offering both theoretical studies and empirical country studies, it examines micro- and macroeconomic issues and provides deep insights into the development challenges and prospects of various countries in the region. The articles examine a wide range of development issues, including economic growth, natural resource use, food security, poverty and inequality, corruption and transparency, military spending, water and resource scarcity, agriculture and aid effectiveness, and other relevant issues. The volume is aimed at scholars in economic and development studies as well as policy-makers and investors interested in the economic development of the MENA region.
Download or read book Constraints on Trade in the MENA Region written by Rina Bhattacharya and published by . This book was released on 2014 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we estimate gravity models to see whether trade volumes of countries in the MENA region are significantly lower than what would be expected given their economic, cultural and geographical characteristics. Our empirical results show that the variables used in standard gravity models cannot explain a significant part of MENA's trade performance, particularly on exports. We then go on to 'augment' the standard gravity model with relevant variables from the World Bank's Business Enterprise surveys. Our results further show that these variables, and in particular transport constraints and inefficiencies in customs clearance processes, are important in explaining the MENA region's underperformance in trade.
Download or read book Key Challenges and Policy Reforms in the MENA Region written by Mohamed Sami Ben Ali and published by Springer Nature. This book was released on 2022-04-22 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume addresses economic challenges and policy reforms in the Middle East and North Africa (MENA) region. Despite important resources and strategic advantages, the region suffers from a number of economic, social, and political problems that impedes normal economic take-off. The volume contains theoretical and empirical studies covering individual countries and panel studies addressing these economic challenges. Chapters address issues such as economic growth; poverty and inequality; subsidies and public finances policies; external trade and financial liberalization; remittances, corruption, transparency, and institutions; renewable energy, digitalization, terrorism, regional integration, capital flight, money laundering, financial development and brain drain. Providing a comprehensive understanding of the most important and urgent economic challenges in the region, this volume will be a useful reference for researchers and policymakers interested in the MENA region.
Download or read book Opening Doors written by The World Bank and published by World Bank Publications. This book was released on 2013-02-07 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report analyzes key challenges for improving gender equality in the MENA region and provides policy priorities that Governments could consider to address these challenges. By and large the critical areas are in improving economic and political participation of females.
Download or read book Opening Doors written by World Bank and published by World Bank Publications. This book was released on 2013-02-07 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 1990s, countries in the Middle East and North Africa (MENA) Region have made admirable progress in reducing the gap between girls and boys in areas such as access to education and health care. Indeed, almost all young girls in the Region attend school, and more women than men are enrolled in university. Over the past two decades, maternal mortality declined 60 percent, the largest decrease in the world. Women in MENA are more educated than ever before. It is not only in the protest squares that have seen women whose aspirations are changing rapidly but increasingly unmet. The worldwide average for the participation of women in the workforce is approximately 50 percent. In MENA, their participation is half that at 25 percent. Facing popular pressure to be more open and inclusive, some governments in the region are considering and implementing electoral and constitutional reforms to deepen democracy. These reforms present an opportunity to enhance economic, social, and political inclusion for all, including women, who make up half the population. However, the outlook remains uncertain. Finally, there are limited private sector and entrepreneurial prospects not only for jobs but also for those women who aspire to create and run a business. These constraints present multiple challenges for reform. Each country in MENA will, of course, confront these constraints in different contexts. However, inherent in many of these challenges are rich opportunities as reforms unleash new economic actors. For the private sector, the challenge is to create more jobs for young women and men. The World Bank has been pursuing an exciting pilot program in Jordan to assist young women graduates in preparing to face the work environment.
Download or read book Agriculture and economic transformation in the Middle East and North Africa A review of the past with lessons for the future written by Nin-Pratt, Alejandro and published by Intl Food Policy Res Inst. This book was released on 2017-12-31 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: The agriculture sector is key for economic and social development, but the sector’s potential has not received enough attention from policy makers and stakeholders in the Middle East and North Africa (MENA) region. Political transitions, instability, and the resulting refugee crisis have shifted focus away from other pressing development challenges, including slow progress in economic diversification, high unemployment, and persistent high food insecurity and rural poverty. Despite its small contribution to GDP, agriculture is strategic for sustainable development in the MENA countries. Agriculture, for example, is central to achieve food and water security in a region characterized as one of the most food insecure and water scarce in the world. The sector’s role in employment is also central, given the region’s high structural unemployment. However, it will not be possible for MENA countries to develop agriculture without a pathway to structural economic transformation. The region has already started the process of transformation but longstanding challenges remain. This report aims to examine the drivers, constraints, and social implications of agricultural development in MENA and to explore possible cornerstones for new and sustainable development strategies in the context of economic transformation. More specifically, the report provides answers to the following questions: • What development strategies and policies did governments in MENA put in place over the past three decades and how did they affect the performance of agriculture? • How did the structural characteristics of the MENA countries affect agricultural development and the economic transformation process in the region? • What did we learn from the past performance of agriculture? What should be the central elements guiding future agricultural policies? • What are elements of a new and sustainable development strategy in MENA countries? • What is the role of agriculture and agro-industries for development in MENA?
