Impacts of Political Instability on Economics in the MENA Region

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Publisher : IGI Global
ISBN 13 : 1522582487
Total Pages : 300 pages
Book Rating : 4.5/5 (225 download)

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Book Synopsis Impacts of Political Instability on Economics in the MENA Region by : Zgheib, Philippe W.

Download or read book Impacts of Political Instability on Economics in the MENA Region written by Zgheib, Philippe W. and published by IGI Global. This book was released on 2019-05-15 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political instability can harm economic performance and is likely to shorten policymakers’ horizons, leading to sub-optimal short-term macroeconomic policies. This instability can also lead to a more frequent switch of policies, creating volatility and negatively affecting macroeconomic performance. Impacts of Political Instability on Economics in the MENA Region explores the results of financing challenges and strategies surrounding political unrest that center around the MENA region, as well as opportunities these challenges create for businesses and governments. Featuring research on topics such as debt, macroeconomics, and economic reform, this book is ideally designed for economists, investors, managers, multinational companies, policymakers, government officials, academicians, researchers, and advanced-level students furthering their research exposure to economic instability in the world today.

How Does Political Instability Affect Economic Growth?

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1455211907
Total Pages : 30 pages
Book Rating : 4.4/5 (552 download)

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Book Synopsis How Does Political Instability Affect Economic Growth? by : Mr.Ari Aisen

Download or read book How Does Political Instability Affect Economic Growth? written by Mr.Ari Aisen and published by International Monetary Fund. This book was released on 2011-01-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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

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Publisher : International Monetary Fund
ISBN 13 : 9781589062290
Total Pages : 44 pages
Book Rating : 4.0/5 (622 download)

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Book Synopsis Challenges of Growth and Globalization in the Middle East and North Africa by : Mr.Hamid R Davoodi

Download or read book Challenges of Growth and Globalization in the Middle East and North Africa written by Mr.Hamid R Davoodi and published by International Monetary Fund. This book was released on 2003-09-05 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475535783
Total Pages : 43 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa by : Mr.Bjoern Rother

Download or read book The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa written by Mr.Bjoern Rother and published by International Monetary Fund. This book was released on 2016-09-16 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, the Middle East and North Africa region (MENA) has experienced more frequent and severe conflicts than in any other region of the world, exacting a devastating human toll. The region now faces unprecedented challenges, including the emergence of violent non-state actors, significant destruction, and a refugee crisis bigger than any since World War II. This paper raises awareness of the economic costs of conflicts on the countries directly involved and on their neighbors. It argues that appropriate macroeconomic policies can help mitigate the impact of conflicts in the short term, and that fostering higher and more inclusive growth can help address some of the root causes of conflicts over the long term. The paper also highlights the crucial role of external partners, including the IMF, in helping MENA countries tackle these challenges.

Political Economies of the Middle East and North Africa

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1509535616
Total Pages : 235 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis Political Economies of the Middle East and North Africa by : Robert Springborg

Download or read book Political Economies of the Middle East and North Africa written by Robert Springborg and published by John Wiley & Sons. This book was released on 2020-03-16 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite its oil wealth, the Middle East and North Africa is economically stagnating. Growth rates are comparatively unfavorable and insufficient to substantially improve citizens’ lives. Whether this economic inertia can be overcome or will continue into the indefinite future is a vital question that confronts both the region and the world. In this book leading Middle East scholar Robert Springborg discusses the economic future of this region by examining the national and regional political causes of its contemporary underperformance. Overgrown, weak MENA states, he explains, have been unable to escape their unfavorable historical legacies. “Limited access orders” and the deep states based in the means of coercion that underpin them undermine state capacities and constrain beneficial, autonomous political and economic activity. Increasingly challenged by their populations, MENA states face the daunting and so far unmet challenge of diversifying non-sustainable, rentier political economies away from direct or indirect dependence on oil and gas revenues. Stagnation of those revenues and failure to generate alternative income sources, combined with rapid population growth, presents the region with an economic challenge that can only be overcome by profound political change.

Economic and Political Change in the Middle East (RLE Economy of Middle East)

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Author :
Publisher : Routledge
ISBN 13 : 1317594665
Total Pages : 239 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Economic and Political Change in the Middle East (RLE Economy of Middle East) by : Elias Tuma

Download or read book Economic and Political Change in the Middle East (RLE Economy of Middle East) written by Elias Tuma and published by Routledge. This book was released on 2014-10-30 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economic Development and Political Reform

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781008188
Total Pages : 168 pages
Book Rating : 4.0/5 (81 download)

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Book Synopsis Economic Development and Political Reform by : Bradley Louis Glasser

Download or read book Economic Development and Political Reform written by Bradley Louis Glasser and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.

The Economic and Political Aftermath of the Arab Spring

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782540908
Total Pages : 0 pages
Book Rating : 4.5/5 (49 download)

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Book Synopsis The Economic and Political Aftermath of the Arab Spring by : Carlo Altomonte

Download or read book The Economic and Political Aftermath of the Arab Spring written by Carlo Altomonte and published by Edward Elgar Publishing. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economies of the Middle East and North Africa (MENA) region have always been characterized by economic volatility and social disparities. The recent Arab Spring wave of protests has increased political uncertainty and instability in the region, and this timely book provides an in-depth analysis of the subsequent changes from economic, political and environmental perspectives. The international contributors provide a comprehensive overview of the situation in the Mediterranean Basin, addressing a wide range of contributing factors including: - productivity and innovation - trade and foreign investment - changing geo-political equilibria - labor markets and the role of women - the environment, climate change and energy sourcing. The book concludes that the key problems shared by MENA countries are the uncertain economic prospects coupled with high levels of unemployment - a combination that, through different channels, limits technological and innovative capacities. This book will prove an enlightening read for scholars, researchers and students in various academic fields including development economics, development studies, political economy, international politics and Islamic studies. Contributors S. Alessandrini, C. Altomonte, A.H. Bayar, M.G. Bosco, S. Contessi, F. de Nicola, A. Farshbaf, M. Ferrara, L. Li, R. Mavilia, M. Nicolini, J.B. Nugent, S. Porcheri, V. Talbot, H. Youssef

Economic Performance in the Middle East and North Africa

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Author :
Publisher : Routledge
ISBN 13 : 1134072201
Total Pages : 304 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis Economic Performance in the Middle East and North Africa by : Serdar Sayan

Download or read book Economic Performance in the Middle East and North Africa written by Serdar Sayan and published by Routledge. This book was released on 2009-05-07 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economies of the Middle East and North Africa (MENA) region are in dire need of substantial institutional reform to improve their growth performance so as to create enough jobs for millions of entrants into their respective job markets, and to fight poverty and income inequality. This is necessary not only to reduce the risk of social unrest and domestic/regional conflicts, but also to assure stability of energy supply to the rest of the world and to hamper the violence originating from the region. So, the region's convergence to global standards of governance quality is desirable for increased prosperity and stability both in the region and outside. This volume contributes to the recently burgeoning political economy literature on institutions by putting together well-written chapters that empirically study the relationship between economic performance and institutional characteristics in MENA economies to point out some of the areas where institutional reform is particularly needed and possible tools to use for such reform. Perhaps one common lesson that can be derived from all chapters in the volume is that the both the region itself and the global economy will benefit from a MENA region that is better integrated to the rest.

Economic Impact of Selected Conflicts in the Middle East

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498310893
Total Pages : 32 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Economic Impact of Selected Conflicts in the Middle East by : MissRanda Sab

Download or read book Economic Impact of Selected Conflicts in the Middle East written by MissRanda Sab and published by International Monetary Fund. This book was released on 2014-06-11 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using narrative-based country-case studies, war episodes in the Middle East were examined to assess their economic impact on conflict and neighboring economies. The paper found that conflicts led to a contraction in growth, higher inflation, large fiscal and current account deficits, loss of reserves, and a weakened financial system. Post-conflict recovery depended on the economic and institutional development of the country, economic structure, duration of the war, international engagement, and prevailing security conditions. The net economic impact on neighboring countries varied according to their initial economic conditions, number and income level of refugees they hosted, economic integration, and external assistance.

Breaking the Barriers to Higher Economic Growth

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Publisher : World Bank Publications
ISBN 13 : 0821374168
Total Pages : 500 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Breaking the Barriers to Higher Economic Growth by : Mustapha Kamel Nabli

Download or read book Breaking the Barriers to Higher Economic Growth written by Mustapha Kamel Nabli and published by World Bank Publications. This book was released on 2007-01-01 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economic Development in the MENA Region

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Author :
Publisher : Springer Nature
ISBN 13 : 3030663809
Total Pages : 204 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Economic Development in the MENA Region by : Mohamed Sami Ben Ali

Download or read book Economic Development in the MENA Region written by Mohamed Sami Ben Ali and published by Springer Nature. This book was released on 2021-05-08 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers new perspectives on the economic development of the Middle East and North Africa region. Offering both theoretical studies and empirical country studies, it examines micro- and macroeconomic issues and provides deep insights into the development challenges and prospects of various countries in the region. The articles examine a wide range of development issues, including economic growth, natural resource use, food security, poverty and inequality, corruption and transparency, military spending, water and resource scarcity, agriculture and aid effectiveness, and other relevant issues. The volume is aimed at scholars in economic and development studies as well as policy-makers and investors interested in the economic development of the MENA region.

Seven Pillars

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Publisher : AEI Press
ISBN 13 : 0844750263
Total Pages : 178 pages
Book Rating : 4.8/5 (447 download)

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Book Synopsis Seven Pillars by : Michael Rubin

Download or read book Seven Pillars written by Michael Rubin and published by AEI Press. This book was released on 2019-11-14 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: For decades, US foreign policy in the Middle East has been on autopilot: Seek Arab-Israeli peace, fight terrorism, and urge regimes to respect human rights. Every US administration puts its own spin on these initiatives, but none has successfully resolved the region’s fundamental problems. In Seven Pillars: What Really Causes Instability in the Middle East? a bipartisan group of leading experts representing several academic and policy disciplines unravel the core causes of instability in the Middle East and North Africa. Why have some countries been immune to the Arab Spring? Which governments enjoy the most legitimacy and why? With more than half the region under 30 years of age, why does education and innovation lag? How do resource economies, crony capitalism, and inequality drive conflict? Are ethnic and sectarian fault lines the key factor, or are these more products of political and economic instability? And what are the wellsprings of extremism that threaten not only the United States but, more profoundly, the people of the region? The answers to these questions should help policymakers and students of the region understand the Middle East on its own terms, rather than just through a partisan or diplomatic lens. Understanding the pillars of instability in the region can allow the United States and its allies to rethink their own priorities, adjust policy, recalibrate their programs, and finally begin to chip away at core challenges facing the Middle East. Contributors: Thanassis Cambanis Michael A. Fahy Florence Gaub Danielle Pletka Bilal Wahab A. Kadir Yildirim

Regional Trade and Development Strategies in the Era of Globalization

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Author :
Publisher : IGI Global
ISBN 13 : 1799817326
Total Pages : 305 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Regional Trade and Development Strategies in the Era of Globalization by : Prabhakar, Akhilesh Chandra

Download or read book Regional Trade and Development Strategies in the Era of Globalization written by Prabhakar, Akhilesh Chandra and published by IGI Global. This book was released on 2019-12-27 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite three decades of continuous globalization, transitional economies in many countries remain marginalized. In order to maximize the positive growth of employment creation opportunities in various sectors, including agriculture, existing patterns of long-run sustainable equilibrium relationships, technology transfers, and trade to promote export-led economic growth must be examined and identified. Regional Trade and Development Strategies in the Era of Globalization provides a comprehensive overview of globalization and regional initiative trends of trade and development through the examination of theoretical and practical experiences of their underpinning principles through approaches to overcome the obstacles of globalization and its positive and negative impacts on global trade and economic development. The content within this publication examines economic integration, foreign investment, and financial risk. It is designed for trade specialists, government officials, students, researchers, policymakers, business professionals, academicians, and economists.

Credit Constraints, Political Instability, and Capital Accumulation

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484303571
Total Pages : 26 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Credit Constraints, Political Instability, and Capital Accumulation by : Risto Herrala

Download or read book Credit Constraints, Political Instability, and Capital Accumulation written by Risto Herrala and published by International Monetary Fund. This book was released on 2013-12-16 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate the complex interactions between credit constraints, political instability, and capital accumulation using a novel approach based on Kiyotaki and Moore’s (1997) theoretical framework. Drawing on a unique firm-level data set from Middle-East and North Africa (MENA), empirical findings point to a large and significant effect of credit conditions on capital accumulation and suggest that continued political unrest worsens credit constraints. The results support the view that financial development measured by a relaxing of financial constraints is key to macroeconomic development.

The Dynamic Effect of Social and Political Instability on Output

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484339266
Total Pages : 41 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis The Dynamic Effect of Social and Political Instability on Output by : Mr.Lorenzo E. Bernal-Verdugo

Download or read book The Dynamic Effect of Social and Political Instability on Output written by Mr.Lorenzo E. Bernal-Verdugo and published by International Monetary Fund. This book was released on 2013-04-23 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this paper is to analyze the dynamic effect of social and political instability on output. Using a panel of up to 183 countries from 1980 to 2010, the results of the paper suggest that social conflicts have a significant and negative impact on output in the short-term with the magnitude of the effect being a function of the intensity of political instability. The results also show that the recovery of output over the medium-term depends on the ability of the country to implement, in the aftermath of a social instability episode, reforms aimed at improving the level of governance. The results are robust to different checks and estimation strategies.

Key Challenges and Policy Reforms in the MENA Region

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Author :
Publisher : Springer Nature
ISBN 13 : 3030921336
Total Pages : 164 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis Key Challenges and Policy Reforms in the MENA Region by : Mohamed Sami Ben Ali

Download or read book Key Challenges and Policy Reforms in the MENA Region written by Mohamed Sami Ben Ali and published by Springer Nature. This book was released on 2022-04-22 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume addresses economic challenges and policy reforms in the Middle East and North Africa (MENA) region. Despite important resources and strategic advantages, the region suffers from a number of economic, social, and political problems that impedes normal economic take-off. The volume contains theoretical and empirical studies covering individual countries and panel studies addressing these economic challenges. Chapters address issues such as economic growth; poverty and inequality; subsidies and public finances policies; external trade and financial liberalization; remittances, corruption, transparency, and institutions; renewable energy, digitalization, terrorism, regional integration, capital flight, money laundering, financial development and brain drain. Providing a comprehensive understanding of the most important and urgent economic challenges in the region, this volume will be a useful reference for researchers and policymakers interested in the MENA region.