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

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

Author: Mr.Hamid R Davoodi

Publisher: International Monetary Fund

Published: 2003-09-05

Total Pages: 44

ISBN-13: 9781589062290

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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.


Determinants of Financial Development

Determinants of Financial Development

Author: Y. Huang

Publisher: Springer

Published: 2010-11-24

Total Pages: 233

ISBN-13: 0230302491

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A PDF version of this book is available for free in open access via the OAPEN Library platform, www.oapen.org. This book examines the emergence of both financial markets and carbon markets, and provides an in-depth investigation on the fundamental determinants of financial development.


A New Database on Financial Development and Structure

A New Database on Financial Development and Structure

Author: Thorsten Beck

Publisher: World Bank Publications

Published: 1999

Total Pages: 67

ISBN-13:

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This new database of indicators of financial development and structure across countries and over time unites a range of indicators that measure the size, activity, and efficiency of financial intermediaries and markets.


How Does Political Instability Affect Economic Growth?

How Does Political Instability Affect Economic Growth?

Author: Mr.Ari Aisen

Publisher: International Monetary Fund

Published: 2011-01-01

Total Pages: 30

ISBN-13: 1455211907

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The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.


Economic Integration in the Maghreb

Economic Integration in the Maghreb

Author: Mr.Alexei P Kireyev

Publisher: International Monetary Fund

Published: 2019-02-13

Total Pages: 47

ISBN-13: 1484378377

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Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their total trade, substantially lower than in all other regional trading blocs around the world. Geopolitical considerations and restrictive economic policies have stifled regional integration. Economic policies have been guided by country-level considerations, with little attention to the region, and are not coordinated. Restrictions on trade and capital flows remain substantial and constrain regional integration for the private sector.


Economic Development in the Middle East and North Africa

Economic Development in the Middle East and North Africa

Author: Mohamed Sami Ben Ali

Publisher: Palgrave Macmillan

Published: 2015-11-19

Total Pages: 0

ISBN-13: 9781137486462

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Using cases on individual countries, Economic Development in the Middle East and North Africa offers diverse theoretical and empirical evidence on a variety of issues facing policymakers, investors, and other stakeholders in the region.


The Impact of Formal and Informal Institutions on Economic Growth

The Impact of Formal and Informal Institutions on Economic Growth

Author: Constanze Dobler

Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften

Published: 2011

Total Pages: 0

ISBN-13: 9783631616161

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Regarding the Arab region, GDP per capita virtually stagnated for more than 20 years from 1980. During the same period, GDP per capita in the world's highly industrialized states further increased and the gap between the Middle East and North Africa (MENA) and the highly developed countries widened. However, the differences between Arab countries and the Western states exist not only economically. The countries also differ regarding their political, legal, and social systems. This work explains the differences in development on the basis of institutional economics. In addition to a general theoretical part, an empirical analysis demonstrates the effects of institutions on income, and a historical case study explains the divergent development paths of the Arab region and selected advanced economies.


International Journal of Economics and Business Studies

International Journal of Economics and Business Studies

Author: Siddhartha Sarkar

Publisher: Universal-Publishers

Published: 2016-02-15

Total Pages: 59

ISBN-13: 1627345930

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1. Determinants of Uganda's Export Performance: A Gravity Model Analysis by Henry Karamuriro Tumwebaze et al. 2. Indicators of Stock Market Development in Botswana by Goabaone Otisitswe et al. 3. Performance of Microfinance and Entrepreneurship in Botswana: The Role of Trust by Linnea Molin 4. Contractual Arrangements among Wholesale Traders in Vegetable Chains in Lushoto District, Tanzania Geraldine by Arbogast Rasheli


Financial Markets and Institutions in the Arab Economy

Financial Markets and Institutions in the Arab Economy

Author: Niḍāl Rashīd Ṣabrī

Publisher: Nova Publishers

Published: 2008

Total Pages: 192

ISBN-13: 9781604561371

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This book aims to trace and point out the recent developments occurred in the Arab Economy in the last two decades, including trends toward integration, liberalisation, and globalisation. This book indicates the most recent changes in the Arab Financial Institutions including banks, insurance companies, pension funds and other financial institutions. There is also the discussion of issues in market stability and efficiency in the light of new Arab environment of stock trading. This book is a comprehensive text covering the Arab Financial Sector.