Regional Economic Integration in the Middle East and North Africa

Regional Economic Integration in the Middle East and North Africa

Author: Mustapha Rouis

Publisher: World Bank Publications

Published: 2012-12-11

Total Pages: 209

ISBN-13: 082139729X

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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.


Trade Competitiveness of the Middle East and North Africa

Trade Competitiveness of the Middle East and North Africa

Author: Jos R. L pez-C lix

Publisher: World Bank Publications

Published: 2010-07-01

Total Pages: 368

ISBN-13: 0821380753

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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.


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.


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

Author: Ndiame' Diop

Publisher: World Bank Publications

Published: 2012-10-01

Total Pages: 229

ISBN-13: 0821395920

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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.


Expanding Opportunities for the Next Generation

Expanding Opportunities for the Next Generation

Author: Safaa El-Kogali

Publisher: World Bank Publications

Published: 2015-01-28

Total Pages: 343

ISBN-13: 1464803242

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Early childhood is the most important stage of human development yet in Middle East and North Africa countries there is little research and inadequate investment in this crucial stage of life. This book covers risk, protective factors, policies and programs that can address inequality and shortfalls in the early years of life.


Subsidy Reform in the Middle East and North Africa

Subsidy Reform in the Middle East and North Africa

Author: Mr.Carlo A Sdralevich

Publisher: International Monetary Fund

Published: 2014-07-09

Total Pages: 130

ISBN-13: 1498350437

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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.


The Economics of the Middle East and North Africa (MENA)

The Economics of the Middle East and North Africa (MENA)

Author: Joseph Pelzman

Publisher: World Scientific Publishing Company

Published: 2012-06-26

Total Pages: 290

ISBN-13: 9813108029

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The Middle East and North Africa (MENA) is a large, complex, and diverse region, which faces a wide range of economic issues. The MENA group includes Algeria, Bahrain, Cyprus, Djibouti, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, Turkey, United Arab Emirates, and Yemen. This book uses analytical tools drawn from the trade, labor, finance, and development literature to critically analyze and compare these countries' economic policies. The approach taken in this book is to focus on the economic policies and institutional arrangements which have evolved in MENA and which may serve to explain the differences in each country's economic performance. The key objective of the book is to unravel the context-specific variety of growth-promoting policies within MENA rather than focus on specific countries. This book stresses that the poor performance of Arab MENA can be chiefly explained by their aversion to a Western paradigm of market economics. In the advanced industrial countries and in Israel, “globalization” is largely viewed in economic terms — the free movement of goods, services, labor and capital across borders. In the Arab MENA, however, “globalization” is viewed in largely ideological terms and has been regarded as a new version of imperialism. Consequently, the Arab MENA region remains one of the most un-globalized regions in the world. The book serves as both a textbook and a summary of the very large literature on MENA. It examines the following economic realities of the region and compares them across the MENA economies: Technology gap and comparative developmentThe value of education and human capital developmentWater and food securityThe economics and politics of oilPopulation growth, role of gender, and labor mobilityThe role of the state as economic actorThe economic value of democracyThe prospects for regional integration


Shocks and Rivalries in the Middle East and North Africa

Shocks and Rivalries in the Middle East and North Africa

Author: Imad Mansour

Publisher: Georgetown University Press

Published: 2020-06-01

Total Pages: 254

ISBN-13: 1626167680

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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.


Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa

Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa

Author:

Publisher: World Bank Publications

Published: 2009

Total Pages: 220

ISBN-13: 0821377779

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China and India's spectacular economic rise over the last two decades has accelerated their trade and investment flows with the Middle East and North Africa (MENA), particularly with the oil-producing countries. And while these flows are still small, China and India's presence in the region is on the rise. This report focuses on the following questions: what have been evolution and the impact of MENA's trade and investment relations with China and India? what actions can be taken to maximize the benefits from these relations and to enhance MENA's international integration? The main findings indicate that the region as a whole has benefited from the rise of China and India in terms of better terms of trade, significant increases in oil and gas exports, and cheaper imports. However, producers of industrial goods have been negatively-and in a few cases severely-affected by competition with the two Asian countries in both third and domestic markets. While China and India are investing more in MENA, they are contributing very little to job creation or to the transfer and diffusion of technology. Faster growth in the two Asian countries-and the associated higher demand for energy-will increase revenues from oil and the difficult choices associated with their management. For the labor-abundant, non oil-producing countries, competition with China and India will increase. But the lack of competitive manufacturing industries and services, the insufficient attention given in the past to building technological capabilities and promoting openness and entrepreneurship are constraining their ability to respond to competition. They need to accelerate productivity to tackle unemployment, especially among youth. This may require the broader institutional changes seen in China and India-suggesting the importance of a pragmatic reform agenda that can accelerate productivity, trade, and investment in the region.


State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges

State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges

Author: Mr. Ernesto Ramirez Rigo

Publisher: International Monetary Fund

Published: 2021-09-20

Total Pages: 153

ISBN-13: 1513594087

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Prior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate strong, sustainable, job-rich, inclusive growth. Post-COVID-19, this challenge has only grown given the additional reduction in fiscal space due to the crisis and the increased need to support the recovery. The sizable state-owned enterprise (SOE) footprint in the region, together with its cost to the government, call for revisiting the SOE sector to help open fiscal space and look for growth opportunities.