Trade Competitiveness of the Middle East and North Africa

Trade Competitiveness of the Middle East and North Africa PDF Author: Jos R. L pez-C lix
Publisher: World Bank Publications
ISBN: 0821380753
Category : Political Science
Languages : en
Pages : 368

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Book Description
Over the past decade, four major developments in global economic integration have shaped trade policy and the economic performance of countries within the Middle East and North Africa region: the emergence of global supply chains, the growth of trade in services, the rise of China and India as major international trading powers, and regional integration. These developments, along with the labor and natural resource endowments of particular countries (some are resource-poor but labor-abundant, some resource-rich and labor-abundant, and some resource-rich and labor-importing), have influenced export diversification outcomes across the region. Yet these countries may not be taking full advantage of all of the opportunities the four new trends offer to them. 'Trade Competitiveness of the Middle East and North Africa: Policies for Export Diversification' examines the region's trade policy agendas and their results by focusing on the countries' response to these four key developments in international trade. As the region recovers from the global financial and economic crises, the book identifies reforms that could allow countries to further strengthen global production networks, benefit more from trade in services, better compete in external markets to face the rise of China and India, and reach the full potential of regional integration. If thoroughly implemented, especially by oil exporters, all of these reforms could help boost growth and job creation in the region.

Trade Competitiveness of the Middle East and North Africa

Trade Competitiveness of the Middle East and North Africa PDF Author: Jos R. L pez-C lix
Publisher: World Bank Publications
ISBN: 0821380753
Category : Political Science
Languages : en
Pages : 368

Get Book Here

Book Description
Over the past decade, four major developments in global economic integration have shaped trade policy and the economic performance of countries within the Middle East and North Africa region: the emergence of global supply chains, the growth of trade in services, the rise of China and India as major international trading powers, and regional integration. These developments, along with the labor and natural resource endowments of particular countries (some are resource-poor but labor-abundant, some resource-rich and labor-abundant, and some resource-rich and labor-importing), have influenced export diversification outcomes across the region. Yet these countries may not be taking full advantage of all of the opportunities the four new trends offer to them. 'Trade Competitiveness of the Middle East and North Africa: Policies for Export Diversification' examines the region's trade policy agendas and their results by focusing on the countries' response to these four key developments in international trade. As the region recovers from the global financial and economic crises, the book identifies reforms that could allow countries to further strengthen global production networks, benefit more from trade in services, better compete in external markets to face the rise of China and India, and reach the full potential of regional integration. If thoroughly implemented, especially by oil exporters, all of these reforms could help boost growth and job creation in the region.

Regional Economic Integration in the Middle East and North Africa

Regional Economic Integration in the Middle East and North Africa PDF Author: Mustapha Rouis
Publisher: World Bank Publications
ISBN: 082139729X
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
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.

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.

Middle East and North Africa Investment Policy Perspectives

Middle East and North Africa Investment Policy Perspectives PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264473041
Category :
Languages : en
Pages : 253

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Book Description
Middle East and North Africa Investment Policy Perspectives highlights the considerable progress in investment policies made by the region’s governments over the past decade. Yet, the reform momentum needs to be sustained and deepened for the benefits of investment to be shared with society at large and for growth to be sustainable, particularly in the context of the COVID-19 pandemic and resulting global economic upheaval.

Natural Resource Abundance, Growth, and Diversification in the Middle East and North Africa

Natural Resource Abundance, Growth, and Diversification in the Middle East and North Africa PDF Author: Ndiame' Diop
Publisher: World Bank Publications
ISBN: 0821395920
Category : Business & Economics
Languages : en
Pages : 229

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Book Description
MENA holds more than 60% of oil and nearly 50% of gas reserves, making its economy very vulnerable to price fluctuations. This volume investigates the effect of natural resources and the role of policies on achieving higher and sustained growth through economic diversification.

Subsidy Reform in the Middle East and North Africa

Subsidy Reform in the Middle East and North Africa PDF Author: Mr.Carlo A Sdralevich
Publisher: International Monetary Fund
ISBN: 1498350437
Category : Business & Economics
Languages : en
Pages : 130

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Book Description
In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms.

Shocks and Rivalries in the Middle East and North Africa

Shocks and Rivalries in the Middle East and North Africa PDF Author: Imad Mansour
Publisher: Georgetown University Press
ISBN: 1626167699
Category : Political Science
Languages : en
Pages : 254

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Book Description
Shocks and Rivalries in the Middle East and North Africa is the first book to examine issue-driven antagonisms within groups of Middle East and North Africa (MENA) states and their impact on relations within the region. The volume also considers how shock events, such as internal revolts and regional wars, can alter interstate tensions and the trajectory of conflict. MENA has experienced more internal rivalries than any other region, making a detailed analysis vital to understanding the region’s complex political, cultural, and economic history. The state groupings studied in this volume include Israel and Iran; Iran and Saudi Arabia; Iran and Turkey; Iran, Iraq, and Syria; Egypt and Saudi Arabia; and Algeria and Morocco. Essays are theoretically driven, breaking the MENA region down into a collection of systems that exemplify how state and nonstate actors interact around certain issues. Through this approach, contributors shed rare light on the origins, persistence, escalation, and resolution of MENA rivalries and trace significant patterns of regional change. Shocks and Rivalries in the Middle East and North Africa makes a major contribution to scholarship on MENA antagonisms. It not only addresses an understudied phenomenon in the international relations of the MENA region, it also expands our knowledge of rivalry dynamics in global politics.

U.S. Trade and Investment in the Middle East and North Africa

U.S. Trade and Investment in the Middle East and North Africa PDF Author: Shayerah I. Akhtar
Publisher:
ISBN:
Category : Investments, American
Languages : en
Pages : 0

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Book Description


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.

The MENA Region: a great power competition

The MENA Region: a great power competition PDF Author: AA.VV
Publisher: Ledizioni
ISBN: 8855260731
Category : Political Science
Languages : en
Pages : 173

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Book Description
The volume deals with competition among regional and external players for the redistribution of power and international status in the Middle East and North Africa, with a focus on Russia’s renewed role and the implications for US interests. Over the last few years, a crisis of legitimacy has beset the liberal international order. In this context, the configuration of regional orders has come into question, as in the extreme case of the current collapse in the Middle East. The idea of a “Russian resurgence” in the Middle East set against a perceived American withdrawal has captured the attention of policymakers and scholars alike, warranting further examination. This volume, a joint publication by ISPI and the Atlantic Council, gathers analysis on Washington’s and Moscow’s policy choices in the MENA region and develops case studies of the two powers’ engagament in the countries beset by major crises.