The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa PDF Download
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Author: Mr.Bjoern Rother
Publisher: International Monetary Fund
ISBN: 1475535783
Category : Social Science
Languages : en
Pages : 43
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Book Description
In recent decades, the Middle East and North Africa region (MENA) has experienced more frequent and severe conflicts than in any other region of the world, exacting a devastating human toll. The region now faces unprecedented challenges, including the emergence of violent non-state actors, significant destruction, and a refugee crisis bigger than any since World War II. This paper raises awareness of the economic costs of conflicts on the countries directly involved and on their neighbors. It argues that appropriate macroeconomic policies can help mitigate the impact of conflicts in the short term, and that fostering higher and more inclusive growth can help address some of the root causes of conflicts over the long term. The paper also highlights the crucial role of external partners, including the IMF, in helping MENA countries tackle these challenges.
Author: Mr.Bjoern Rother
Publisher: International Monetary Fund
ISBN: 1475535783
Category : Social Science
Languages : en
Pages : 43
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Book Description
In recent decades, the Middle East and North Africa region (MENA) has experienced more frequent and severe conflicts than in any other region of the world, exacting a devastating human toll. The region now faces unprecedented challenges, including the emergence of violent non-state actors, significant destruction, and a refugee crisis bigger than any since World War II. This paper raises awareness of the economic costs of conflicts on the countries directly involved and on their neighbors. It argues that appropriate macroeconomic policies can help mitigate the impact of conflicts in the short term, and that fostering higher and more inclusive growth can help address some of the root causes of conflicts over the long term. The paper also highlights the crucial role of external partners, including the IMF, in helping MENA countries tackle these challenges.
Author: MissRanda Sab
Publisher: International Monetary Fund
ISBN: 1498310893
Category : Business & Economics
Languages : en
Pages : 32
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Book Description
Using narrative-based country-case studies, war episodes in the Middle East were examined to assess their economic impact on conflict and neighboring economies. The paper found that conflicts led to a contraction in growth, higher inflation, large fiscal and current account deficits, loss of reserves, and a weakened financial system. Post-conflict recovery depended on the economic and institutional development of the country, economic structure, duration of the war, international engagement, and prevailing security conditions. The net economic impact on neighboring countries varied according to their initial economic conditions, number and income level of refugees they hosted, economic integration, and external assistance.
Author: Xiangming Fang
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781513559667
Category : Business & Economics
Languages : en
Pages : 29
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Book Description
Sub-Saharan Africa has been marred by conflicts during the past several decades. While the intensity of conflicts in recent years is lower than that observed in the 1990s, the region remains prone to conflicts, with around 30 percent of the countries affected in 2019. In addition to immeasurable human suffering, conflicts impose large economic costs. On average, annual growth in countries in intense conflicts is about 2.5 percentage points lower, and the cumulative impact on per capita GDP increases over time. Furthermore, conflicts pose significant strains on countries’ public finances, lowering revenue, raising military spending, and shifting resources away from development and social spending.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1498304117
Category : Business & Economics
Languages : en
Pages : 69
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Book Description
The economic recovery in sub-Saharan Africa is expected to continue, but at a slower pace than envisaged in October 2018. This weaker outlook reflects domestic and external challenges. On the external side, the global expansion is losing momentum, including in China and the euro area, trade tensions remain elevated, global financial conditions have tightened, and commodity prices are expected to remain low. On the domestic front, security challenges, climate shocks, and policy uncertainty are hampering investment and weighing on economic prospects in several countries. Under current policies, medium-term average growth for the region is expected to continue to fall well short of what is needed to absorb the new entrants to the labor force and to deliver limited gains in living standards.
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 148431252X
Category : Business & Economics
Languages : en
Pages : 125
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Book Description
Oil exporters in the Middle East and North Africa, Afghanistan, and Pakistan region (MENAP) are continuing to adjust to lower oil prices, which have dampened growth and contributed to large fiscal and external deficits.
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1484375386
Category : Business & Economics
Languages : en
Pages : 80
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Book Description
As in other regions in the world, countries in MENAP and CCA regions are exposed to tightening in global financing conditions and ongoing global trade tensions. The former has already begun to impact several emerging market economies in MENAP and could have more severe implications should financial market sentiment suddenly deteriorate. Escalating global trade tensions will have a limited direct and immediate impact on these regions but could impart significant strains over time through negative effects on trading partners and through market confidence effects.
Author: Dennis B. Klein
Publisher: Cambridge Scholars Publishing
ISBN: 1527510417
Category : Political Science
Languages : en
Pages : 237
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Book Description
Does the proliferation of post-atrocity remedies over the past 25-plus years—the human rights movement, reparations and other justice schemes, and memorials and counter-memorials—suggest promising alternatives to retributive criminal proceedings? Or does it mean that very little so far is working? This collection of essays, written by scholars with ties to Bangladesh, Bulgaria, Canada, Ghana, Indonesia, Iraq, and the United States, argues that a new post-atrocity framework is taking root. In search for a more reliably favorable post-atrocity succession, the volume’s contributors weigh the merits of practices circumventing the state, whose anemic performance has failed to manage large-scale violence and restore confidence in social stability and security. This ascendant phase includes citizen activism, historical dialogues, and witnesses’ accounts. Into the breach where state actors prevailed, citizens “from below” are seizing opportunities for independent intervention. While all transitional frameworks are vulnerable, this volume provides a thoughtful, requisite evaluation of citizen activism for scholars, non-governmental organization practitioners, government and think-tank policymakers, and teachers at all levels.
Author: Ranabir Samaddar
Publisher: Taylor & Francis
ISBN: 1000071405
Category : Political Science
Languages : en
Pages : 262
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Book Description
This book critically examines the question of migration that appears at the intersection of global neo-liberal transformation, postcolonial politics, and economy. It analyses the specific ways in which colonial relations are produced and reproduced in global migratory flows and their consequences for labour, human rights, and social justice. The postcolonial age of migration not only indicates a geopolitical and geo-economic division of the globe between countries of the North and those of the South marked by massive and mixed population flows from the latter to the former, but also the production of these relations within and among the countries of the North. The book discusses issues such as transborder flows among countries of the South; migratory movements of the internally displaced; growing statelessness leading to forced migration; border violence; refugees of partitions; customary and local practices of care and protection; population policies and migration management (both emigration and immigration); the protracted nature of displacement; labour flows and immigrant labour; and the relationships between globalisation, nationalism, citizenship, and migration in postcolonial regions. It also traces colonial and postcolonial histories of migration and justice to bear on the present understanding of local experiences of migration as well as global social transformations while highlighting the limits of the fundamental tenets of humanitarianism (protection, assistance, security, responsibility), which impact the political and economic rights of vast sections of moving populations. Topical and an important intervention in contemporary global migration and refugee studies, the book offers new sources, interpretations, and analyses in understanding postcolonial migration. It will be useful to scholars and researchers of migration studies, refugee studies, border studies, political studies, political sociology, international relations, human rights and law, human geography, international politics, and political economy. It will also interest policymakers, legal practitioners, nongovernmental organisations, and activists.
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1475546580
Category : Business & Economics
Languages : en
Pages : 112
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Book Description
This issue focuses on the ongoing adjustment to cheaper oil and subdued economic activity for oil-producing countries, as well as the weak and fragile recovery in the Caucasus and Central Asia region. It also discusses global spillovers from China’s rebalancing and the growth of fiscal deficits.
Author: Ali Compaoré
Publisher: International Monetary Fund
ISBN: 1513530054
Category : Business & Economics
Languages : en
Pages : 40
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Book Description
While there is an extensive literature examining the economic impact of conflict and political instability, surprisingly there have been few studies on their impact on the probability of banking crises. This paper therefore investigates whether rising conflict and political instability globally over the past several decades led to increased occurrence of banking crises in developing countries. The paper provides strong evidence that conflicts and political instability are indeed associated with higher probability of systemic banking crises. Unsurprisingly, the duration of a conflict is positively associated with rising probability of a banking crisis. Interestingly, the paper also finds that conflicts and political instability in one country can have negative spillover effects on neighboring countries’ banking systems. The paper provides evidence that the primary channel of transmission is the occurrence of fiscal crises following a conflict or political instability.
