Foreign Aid and Economic Development in the Middle East

Foreign Aid and Economic Development in the Middle East PDF Author: Victor Lavy
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
The acquisition of large amounts of foreign aid, handled improperly by a struggling economy, can weaken rather than strengthen it. This study reaches this sobering conclusion by examining how the economic boom enjoyed by Egypt, Syria, and Jordan in the 1970s turned into financial crisis by the 1980s. The analysis involves the political, economic, and social similarities and differences among the three countries and pinpoints both the internal and external factors that contributed most significantly to their economic declines. Particular attention focuses on the huge influx of foreign aid thay reached the region from 1978 to 1981 and was used to advance purposes such as military buildups rather than to enhance future economic growth potential. This left all three countries, regardless of their unique political structures, in economic chaos when outside funds ran out. The work outlines the economic developments and policies of Egypt, Syria, and Jordan during the years of prosperity and crisis. Central to the discussion are the short- and long-term ramifications of both this downturn and the countries' refusal to restrict military expenditures. After illustrating how foreign aid should, therefore, not be used, this volume then urges that countries not depend on outside capital for their economic well-being, and demonstrates how economic reform can be achieved only by initiating responsible economic programs. The hardships associated with such a reversal in policy are considered, especially in light of the current Gulf conflict, but scholars of economic development and Middle East studies will agree that the extended benefits of such an approach far outweigh any temporary setbacks.

Foreign Aid and Economic Development in the Middle East

Foreign Aid and Economic Development in the Middle East PDF Author: Victor Lavy
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 192

Get Book Here

Book Description
The acquisition of large amounts of foreign aid, handled improperly by a struggling economy, can weaken rather than strengthen it. This study reaches this sobering conclusion by examining how the economic boom enjoyed by Egypt, Syria, and Jordan in the 1970s turned into financial crisis by the 1980s. The analysis involves the political, economic, and social similarities and differences among the three countries and pinpoints both the internal and external factors that contributed most significantly to their economic declines. Particular attention focuses on the huge influx of foreign aid thay reached the region from 1978 to 1981 and was used to advance purposes such as military buildups rather than to enhance future economic growth potential. This left all three countries, regardless of their unique political structures, in economic chaos when outside funds ran out. The work outlines the economic developments and policies of Egypt, Syria, and Jordan during the years of prosperity and crisis. Central to the discussion are the short- and long-term ramifications of both this downturn and the countries' refusal to restrict military expenditures. After illustrating how foreign aid should, therefore, not be used, this volume then urges that countries not depend on outside capital for their economic well-being, and demonstrates how economic reform can be achieved only by initiating responsible economic programs. The hardships associated with such a reversal in policy are considered, especially in light of the current Gulf conflict, but scholars of economic development and Middle East studies will agree that the extended benefits of such an approach far outweigh any temporary setbacks.

Egypt And The Politics Of U.s. Economic Aid

Egypt And The Politics Of U.s. Economic Aid PDF Author: Marvin G. Weinbaum
Publisher: Routledge
ISBN: 0429711832
Category : Political Science
Languages : en
Pages : 169

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Book Description
The massive U.S. economic aid program for Egypt initiated in 1975 resulted in a bilateral aid relationship shaped by the interaction of political and development goals. In this study of the program's origins and consequences, Professor Weinbaum describes its scope and identifies the constraints that delayed and limited program implementation. The author discusses the modest U.S. leverage designed to encourage economic reforms and argues that far-reaching reforms could only be attained through a major change in Egypt's political structure. He finds that, despite its failure to make Egypt more economically self-reliant, U.S. assistance has enabled the country to attain a level of consumption and development planning possible with no other alternative. The profit to the United States results from the regime's moderate foreign policies and compatible views on strategic threats to the region. Despite the mutual benefits of this aid program, Professor Weinbaum concludes that the United States must display greater sensitivity to Egypt's political and economic problems if the "special relationship" is to survive through the 1980s.

Report of a Study of United States Foreign Aid in Ten Middle Eastern and African Countries

Report of a Study of United States Foreign Aid in Ten Middle Eastern and African Countries PDF Author: United States. Congress. Senate. Committee on Government Operations
Publisher:
ISBN:
Category : Economic assistance, American
Languages : en
Pages : 484

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Book Description


OPEC and the Third World

OPEC and the Third World PDF Author: Shireen Hunter
Publisher: Routledge
ISBN: 1000587010
Category : Business & Economics
Languages : en
Pages : 334

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Book Description
Originally published in 1984 this book focuses principally on the use of foreign aid by the members of OPEC in the 1970s and demonstrates how the divisive elements both within OPEC and between OPEC and the rest of the developing world prevented OPEC from using aid to advance developing world objectives. It explains why the OPEC countries filed to achieve the goals they set for themselves and will be of interest to all those concerned with the politics of the developing world, development assistance, Middle East regional economics and political and security issues.

Report of a Study of United States Foreign Aid in Ten Middle Eastern and African Countries

Report of a Study of United States Foreign Aid in Ten Middle Eastern and African Countries PDF Author: Ernest Gruening
Publisher:
ISBN:
Category : Economic assistance, American
Languages : en
Pages : 484

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Book Description


The Economic Development of Jordan (RLE Economy of Middle East)

The Economic Development of Jordan (RLE Economy of Middle East) PDF Author: Bichara Khader
Publisher: Routledge
ISBN: 1317594363
Category : Social Science
Languages : en
Pages : 268

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Book Description
Jordan is one of the most important countries of the Fertile Crescent. Although it is not richly endowed with material resources its political significance in the region gives it considerable authority. This book focuses on the economic development of Jordan over the last decade. It analyses the structural changes the economy has undergone and examines the experience of the key sectors. It also looks at the contribution of foreign aid and emigrant workers’ remittances to the economy. The book concludes that there is a significant potential for the Jordanian economy but the current political and economic problems facing it are daunting. First published in 1987.

Development, Administration and Aid in the Middle East

Development, Administration and Aid in the Middle East PDF Author: Gerd Nonneman
Publisher: Routledge
ISBN: 1135076286
Category : Political Science
Languages : en
Pages : 217

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Book Description
Successful development in the Middle East remains elusive, although considerable aid is poured into the region and extensive bureaucracies for managing development have been established. This book is a concise political economy of Middle Eastern development and its administration. A major focus is the nature and role of State and bureaucracy. Special attention is also paid to the relation between aid and development. In addition to providing an analytical framework, this book brings together a wealth of up-to-date information in an easily accessible format about the region's economic development and the structure of the countries' development 'machinery'. Extensive original research in the area, combined with a balanced use of Western and Arabic sources allow the author to present the most comprehensive overview of the subject available yet. The book encompasses most of the Arab countries plus Ethiopia. The Arab donors are also examined in detail. Especially valuable and not elsewhere available are the numerous organisational charts depicting the individual countries' development administrations and the Arab donors' aid administrations. This book will be of interest to all students of Middle East politics, economics and administration as well as to students of development.

Economic Development and Political Reform

Economic Development and Political Reform PDF Author: Bradley Louis Glasser
Publisher: Edward Elgar Publishing
ISBN: 9781781008188
Category : Business & Economics
Languages : en
Pages : 168

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Book Description
"Providing new theoretical perspectives on Third World political and economic reform, this innovative volume will be of particular interest to political economists, international governmental and developmental organizations, international financial institutions and non-governmental organizations in this region."--BOOK JACKET.

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

Challenges of Growth and Globalization in the Middle East and North Africa PDF Author: Mr.Hamid R Davoodi
Publisher: International Monetary Fund
ISBN: 9781589062290
Category : Business & Economics
Languages : en
Pages : 44

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Book Description
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 Future Of Western Development Assistance

The Future Of Western Development Assistance PDF Author: Elliott R Morss
Publisher: Routledge
ISBN: 1000301729
Category : Social Science
Languages : en
Pages : 89

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Book Description
Since the inception of Western development assistance, significant changes in the makeup of donors, recipients, development goals, and strategies have taken place. However, major donor institutions have not yet weighed the impact of these changes on their operations and objectives in anticipation of the future global environment. Discussing trends that will profoundly affect development assistance strategy, the authors raise such questions as: Will the demand for Western technical assistance drop sharply over the next decade? Was the Latin American debt crisis precipitated by the loan practices of international commercial banks? Should aid to Africa be shifted from investment in rural desert areas to investment in urban planning and infrastructure? Also examined are such concerns as the outside management of agricultural research; the U.S. focus on purchasing political allegiance with its aid programs, thus creating dependent nations; the threat to East Asian economic growth posed by the micro-electronics revolution; and the growing conflict between western aid and trade objectives. The authors' purpose is not to provide definitive prescriptions for future development programs, but rather to focus the attention of policymakers on important, but often neglected, issues.