Book review on B. L. Glasser's "Economic Development and Political Reform: The Impact of External Capital on the Middle East"

Book review on B. L. Glasser's Author: Maximilian Spinner
Publisher: GRIN Verlag
ISBN: 3638190781
Category : Political Science
Languages : en
Pages : 13

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Book Description
Document from the year 2003 in the subject Politics - Region: Near East, Near Orient, grade: A, Central European University Budapest (Department of Political Science), course: The New Political Economy of Development, language: English, abstract: Oil seems to prevent the development of democracy and a free market economy. Oilrich countries as diverse as Nigeria, Saudi-Arabia, Irak, Iran, Venezuela or Azerbaijan appear to be among the least democratic countries with highly closed economies and little signs of change in their course. This assumption can be confirmed by the empirical correlation between low indices in democratic rule and in the openness of the economy, and the endowment with natural resources. Intuitively everybody could explain that in each of these countries a narrow elite can keep up this state due to almost unlimited and unconditional cash inflows compensating for ineffective economic structures and buying off the population with populist policies in subsidizing consumption or low taxation. In his book Economic Development and Political Reform – The Impact of External Capital on the Middle East Bradley Louis Glasser puts the development of Middle Eastern states with different degrees of resource endowment into a broader perspective. Economic liberalization and democratization are explained in the context of external capital contributing to both economic development theories and transitology.

Book review on B. L. Glasser's "Economic Development and Political Reform: The Impact of External Capital on the Middle East"

Book review on B. L. Glasser's Author: Maximilian Spinner
Publisher: GRIN Verlag
ISBN: 3638190781
Category : Political Science
Languages : en
Pages : 13

Get Book Here

Book Description
Document from the year 2003 in the subject Politics - Region: Near East, Near Orient, grade: A, Central European University Budapest (Department of Political Science), course: The New Political Economy of Development, language: English, abstract: Oil seems to prevent the development of democracy and a free market economy. Oilrich countries as diverse as Nigeria, Saudi-Arabia, Irak, Iran, Venezuela or Azerbaijan appear to be among the least democratic countries with highly closed economies and little signs of change in their course. This assumption can be confirmed by the empirical correlation between low indices in democratic rule and in the openness of the economy, and the endowment with natural resources. Intuitively everybody could explain that in each of these countries a narrow elite can keep up this state due to almost unlimited and unconditional cash inflows compensating for ineffective economic structures and buying off the population with populist policies in subsidizing consumption or low taxation. In his book Economic Development and Political Reform – The Impact of External Capital on the Middle East Bradley Louis Glasser puts the development of Middle Eastern states with different degrees of resource endowment into a broader perspective. Economic liberalization and democratization are explained in the context of external capital contributing to both economic development theories and transitology.

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.

From Privilege to Competition

From Privilege to Competition PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 0821378899
Category : Business & Economics
Languages : en
Pages : 276

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Book Description
'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.

Breaking the Barriers to Higher Economic Growth

Breaking the Barriers to Higher Economic Growth PDF Author: Mustapha Kamel Nabli
Publisher: World Bank Publications
ISBN: 0821374168
Category : Business & Economics
Languages : en
Pages : 500

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Book Description
The world's attention to the countries of the Middle East and North Africa (MENA) region has often been dominated by headline issues: conflict, sanctions, political turmoil, and rising oil prices. Little of this international attention has considered the broad range of development challenges facing this diverse group of countries. Breaking the Barriers reflects the collected thinking of the World Bank's Office of the Chief Economist for the MENA Region on the long-term development challenges facing the region and the reform priorities and strategies for effectively meeting these challenges. It.

Routledge Handbook of the Arab Spring

Routledge Handbook of the Arab Spring PDF Author: Larbi Sadiki
Publisher: Routledge
ISBN: 1317650042
Category : Political Science
Languages : en
Pages : 718

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Book Description
The self-immolation of Mohammed Bouazizi in Tunisia in December 2010 heralded the arrival of the ‘Arab Spring,’ a startling, yet not unprecedented, era of profound social and political upheaval. The meme of the Arab Spring is characterised by bottom-up change, or the lack thereof, and its effects are still unfurling today. The Routledge Handbook of the Arab Spring seeks to provide a departure point for ongoing discussion of a fluid phenomenon on a plethora of topics, including: Contexts and contests of democratisation The sweep of the Arab Spring Egypt Women and the Arab Spring Agents of change and the technology of protest Impact of the Arab Spring in the wider Middle East and further afield Collating a wide array of viewpoints, specialisms, biases, and degrees of proximity and distance from events that shook the Arab world to its core, the Handbook is written with the reader in mind, to provide students, practitioners, diplomats, policy-makers and lay readers with contextualization and knowledge, and to set the stage for further discussion of the Arab Spring.

Book Review Digest

Book Review Digest PDF Author:
Publisher:
ISBN:
Category : Bibliography
Languages : en
Pages : 2542

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Book Description


Privatization and Liberalization in the Middle East

Privatization and Liberalization in the Middle East PDF Author: Iliya F. Harik
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
... a highly original and valuable contribution on an important and most timely topic... No other book on Middle Eastern political economy matches this one in combining clarity of focus and breadth of geographic coverage. - Robert Bianchi. An international group of specialists take stock of the problems and prospects for privatization of state-run economies and other liberalization efforts in a wide range of countries throughout the Middle East and North Africa. Although privatization and liberalization are frequently regarded as economic measures, the contributors demonstrate that it is the politics of such reforms that often determines the success or failure of economic policy changes. The countries under review share a variety of economic and political characteristics, yet are sufficiently different in their response to the call for privatization to constitute useful cases for comparative political and economic analysis. Countries studied include Egypt, Turkey, Syria, Jordan, Iraq, Saudi Arabia, Tunisia, and Algeria. The contributors are Abdel-Monem Said Aly, Laurie A. Brand, Kiren Aziz Chaudhry, Iliya Harik, Fred H. Lawson, Marcie J. J. Sullivan, and Dirk Vandewalle.

Globalization and the Politics of Development in the Middle East

Globalization and the Politics of Development in the Middle East PDF Author: Clement M. Henry
Publisher: Cambridge University Press
ISBN: 9780521626316
Category : Business & Economics
Languages : en
Pages : 284

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Book Description
An incisive analysis of the political economy of the Middle East and North Africa.

Avoiding the New Mediocre

Avoiding the New Mediocre PDF Author: Ms.Pritha Mitra
Publisher: International Monetary Fund
ISBN: 1513572717
Category : Business & Economics
Languages : en
Pages : 51

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Book Description
Raising the Middle East and Central Asia’s long-term growth prospects is critical for meeting the region's pressing need for jobs and higher living standards.

Building on Progress

Building on Progress PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 9781557756251
Category : Business & Economics
Languages : en
Pages : 84

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Book Description
Countries in the Middle East and North Africa region have unprecedented opportunities for transforming their economies through accelerated economic growth, but the countries themselves must ensure the necessary conditions. This study, by the Middle Eastern Department, focuses on four areas that are fundamental to growth-enhancing structural changes: improving the region's investment performance, fiscal reform, financial sector reform, and trade liberalization.