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Author: Ahmed Galal
Publisher: Springer
ISBN: 1137529776
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
Diwan and Galal looks at the structure and prospects of the Middle East economies after the 2011 Uprisings, focusing on issues of economic growth, inequality, the impact of oil, and the unfolding political transitions. On the growth question, the book looks into the extent of structural transformation of the economy, the political economy reasons for the lack of structural change, and the external conditions in the EU and in the GCC that underpin the lack of structural change. On inequality, the book offers new measures of equality of opportunity in human development and in the job market, and it also reviews the complex political economy of subsidy removal. Regarding natural resources, the volume provides three innovations: connecting the notion of 'oil curse' to the global phenomena of asset bubbles; evidence that resource curse effects do not rise monotonically with the size of the resource rent, but rather, according to an inverted U shape; and an extension of the concept of rent to the other non-oil rents that are also predominant in the region. Finally, the volume places the political transition in the region in a global perspective using various methods – theoretical, comparative, and empirical, and it explores the relationship between democracy in its variety of forms and economic development.
Author: Ahmed Galal
Publisher: Springer
ISBN: 1137529776
Category : Business & Economics
Languages : en
Pages : 372
Get Book Here
Book Description
Diwan and Galal looks at the structure and prospects of the Middle East economies after the 2011 Uprisings, focusing on issues of economic growth, inequality, the impact of oil, and the unfolding political transitions. On the growth question, the book looks into the extent of structural transformation of the economy, the political economy reasons for the lack of structural change, and the external conditions in the EU and in the GCC that underpin the lack of structural change. On inequality, the book offers new measures of equality of opportunity in human development and in the job market, and it also reviews the complex political economy of subsidy removal. Regarding natural resources, the volume provides three innovations: connecting the notion of 'oil curse' to the global phenomena of asset bubbles; evidence that resource curse effects do not rise monotonically with the size of the resource rent, but rather, according to an inverted U shape; and an extension of the concept of rent to the other non-oil rents that are also predominant in the region. Finally, the volume places the political transition in the region in a global perspective using various methods – theoretical, comparative, and empirical, and it explores the relationship between democracy in its variety of forms and economic development.
Author: Shantayanan Devarajan
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
In 2011, when the organizers of the International Economics Association decided to hold their 2014 World Congress in Jordan, they did not anticipate that the Middle East would be the center of one of the most important economic, political and social transitions of our time. The Arab Spring caught much of the world by surprise. Its aftermath has led to political unrest, violent conflict and deteriorating economic performance in the Middle East and North Africa (MENA) region. The organizers therefore asked Ishac Diwan and Ahmed Galal, two leading economists and experts on the region, to put together an edited volume from the papers at the World Congress relevant to the transition in the Middle East. This volume collects some of those papers, as well as a few others, to explain the factors that led to the Arab Spring and to anticipate some of its consequences. It provides a multidisciplinary "snapshot” of research on the transitions in MENA.
Author: Hassan Hakimian
Publisher: Routledge
ISBN: 1000143996
Category : Business & Economics
Languages : en
Pages : 294
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Book Description
Economic liberalisation and reform are widely considered as the favourite remedies for the declining economic fortunes of the Middle Eastern and North African states in the past two decades. International economic institutions have been among the main advocates of transition to market-led economies in the region and a force contributing to its realisation. This has placed the state at the centre of the proposed transformations, acting both as an instrument of, and an obstacle to, change. With attempts at liberalisation worldwide spanning over twenty years, the time is ripe for a re-evaluation of its premises and outcome. The essays in this volume debate the political economy of transition and reforms in the Middle East and North Africa, drawing on interdisciplinary approaches and outlooks involving international, regional and national levels of analysis. The three central themes of the book are the rationale and strategies for reform, the processes and outcomes, and the nature of the state in the changing global setting.
Author: Katherine Wolff
Publisher: Bloomsbury Publishing
ISBN: 0755650395
Category : Political Science
Languages : en
Pages : 329
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Book Description
How do Middle East energy transitions fit into international energy markets? In this book, energy analysts, geopolitical experts and specialists of political economy examine the new energy potential in the Middle East. The particular focus surrounds how the region's access to finance, combined with the new global regulations and considerations of economic development, shape the region's energy transitions overall. The Middle East is revealed to be a key site of new energy production, sharing and transmission as well as technology innovation. At the same time, the authors examine the variables that determine the success in each country and energy source, including the advantages that hydrocarbon producers will have in renewables and transition fuels, and the risk that these might slow down the energy transition overall. In doing so, the book situates the energy transition in the Middle East in a broader context of economic development, financing models, and regulations, and explains how this context interacts with the development of new energy sources. Energy Transitions in the Middle East is an account of the challenges Middle Eastern states will face in navigating the global energy transition, as well as their key areas of opportunity.
Author: Alfred Bonne
Publisher: Psychology Press
ISBN: 9780415175838
Category : Business & Economics
Languages : en
Pages : 452
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Book Description
First Published in 1998. Routledge is an imprint of Taylor & Francis, an informa company.
Author: Heba Ahmad Handoussa
Publisher: American Univ in Cairo Press
ISBN: 9789774244285
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
Is there a new development paradigm? This volume brings together a number of studies on the major issues of adjustment as they apply to countries of the Middle East and North Africa (MENA). The authors draw on economic, political and institutional theory in order to appraise and compare the development models, identify the determinants of sustained growth, apply the new development concepts to the case of MENA countries, and suggest viable options to reduce the political and social constraints to reform. Four sets of issues are vividly highlighted throughout the book: the issue of integration into the global economy and the speed with which foreign trade should be liberalized; the issue of divestiture and the merits of following various privatization strategies; the issue of state intervention in the context of liberalization and private sector orientation; and the issue of democratization and the political economy of reform. Contributors: Fikret Adaman, Nazih Ayubi, Driss Ben Ali, Amar Bhattacharya, Ha-Joon Chang, Byron Gangnes, Giacomo Luciani, Seiji Naya, Jeffrey B. Nugent, John M. Page, Jr., Raed Safadi, Mona Said, Khaled Sakr, Murat Sertel.
Author: Elias Tuma
Publisher: Routledge
ISBN: 1317594665
Category : Social Science
Languages : en
Pages : 239
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Book Description
In the early 1960s the Middle East suffered from political instability, inefficiency of government, widespread poverty and inequality, low productivity, and a mounting population pressure on the region’s resources. With the exception of some of the oil-exporting countries, the entire region still suffers from these same burdens. There have been many studies in the economic development and industrialization of the region in recent years. This study is different, motivated by scepticism and a sense of intellectual frustration and apprehension because of the apparent inadequacy of socioeconomic and political development in the Middle East. First published in 1987.
Author: Magdi Amin
Publisher: OUP USA
ISBN: 0199924929
Category : Business & Economics
Languages : en
Pages : 190
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Book Description
For too long, the economic aspirations of the people in the region, especially young people, have been ignored by leaders in Arab countries and abroad. Competing views as to how best to meet these aspirations are now being debated in the region. The outcome will shape Arab societies for generations to come.
Author: Alfred Boone
Publisher:
ISBN:
Category : Middle East
Languages : en
Pages : 474
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Book Description
Author: Shahid Yusuf
Publisher: International Monetary Fund
ISBN: 1498354580
Category : Business & Economics
Languages : en
Pages : 54
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Book Description
Since the onset of the Arab Spring, economic uncertainty in Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen (Arab Countries in Transition, ACTs) has slowed already sluggish growth; worsened unemployment, particularly of youth; undermined business confidence, affected tourist arrivals, and depressed domestic and foreign direct investment. Furthermore, political and social tensions have constrained reform efforts. Assessing policy options as presented in the voluminous literature on the Arab Spring and based on cross-country experience, this paper concludes that sustainable and inclusive growth calls for a two pronged approach: short term measures that revive growth momentum and partially allay popular concerns; complemented with efforts to adjust the public’s expectations and prepare the ground for structural reforms that will deliver the desired longer tem performance.
