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State Owned Enterprises In The Middle East And North Africa
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Book Synopsis State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges by : Mr. Ernesto Ramirez Rigo
Download or read book State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges written by Mr. Ernesto Ramirez Rigo and published by International Monetary Fund. This book was released on 2021-09-20 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis State-Owned Enterprises in the Middle East and North Africa Engines of Development and Competitiveness? by : OECD
Download or read book State-Owned Enterprises in the Middle East and North Africa Engines of Development and Competitiveness? written by OECD and published by OECD Publishing. This book was released on 2013-10-21 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication examines the contribution of MENA SOEs to industiral development, diversification, poverty elimination and the provision of goods and services to the public, and provides an overview of the diverse mandates and roles of MENA SOEs.
Book Synopsis State-Owned Enterprises in the Middle East and North Africa by : Merih Celasun
Download or read book State-Owned Enterprises in the Middle East and North Africa written by Merih Celasun and published by Routledge. This book was released on 2013-01-11 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the rapid world-wide spread of privatization, progress in the Middle East and North Africa region has been markedly slow. This volume argues that a high level of overstaffing in public enterprises and the inability of economies to create jobs fast enough is mainly responsible for this. An in-depth study of the facts and a well-supported conclusion makes this an impressive collection of work on a very pertinent subject.
Book Synopsis Towards New Arrangements for State Ownership in the Middle East and North Africa by : OECD
Download or read book Towards New Arrangements for State Ownership in the Middle East and North Africa written by OECD and published by OECD Publishing. This book was released on 2012-03-05 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication provides insight into the varied and rich experience in SOE reform in the region over the past decade, highlighting reform initiatives undertaken at national and country specific levels.
Book Synopsis Public Sector Reform in the Middle East and North Africa by : Robert P. Beschel
Download or read book Public Sector Reform in the Middle East and North Africa written by Robert P. Beschel and published by Brookings Institution Press. This book was released on 2020-12-01 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Critical examinations of efforts to make governments more efficient and responsive Political upheavals and civil wars in the Middle East and North Africa (MENA) have obscured efforts by many countries in the region to reform their public sectors. Unwieldy, unresponsive—and often corrupt—governments across the region have faced new pressure, not least from their publics, to improve the quality of public services and open up their decisionmaking processes. Some of these reform efforts were under way and at least partly successful before the outbreak of the Arab Spring in 2010. Reform efforts have continued in some countries despite the many upheavals since then. This book offers a comprehensive assessment of a wide range of reform efforts in nine countries. In six cases the reforms targeted core systems of government: Jordan's restructuring of cabinet operations, the Palestinian Authority's revision of public financial management, Morocco's voluntary retirement program, human resource management reforms in Lebanon, an e-governance initiative in Dubai, and attempts to improve transparency in Tunisia. Five other reform efforts tackled line departments of government, among them Egypt's attempt to improve tax collection and Saudi Arabia's work to improve service delivery and bill collection. Some of these reform efforts were more successful than others. This book examines both the good and the bad, looking not only at what each reform accomplished but at how it was implemented. The result is a series of useful lessons on how public sector reforms can be adopted in MENA.
Book Synopsis Towards New Arrangements for State Ownership in the Middle East and North Africa by : OECD
Download or read book Towards New Arrangements for State Ownership in the Middle East and North Africa written by OECD and published by OECD Publishing. This book was released on 2012-03-21 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication provides insight into the varied and rich experience in SOE reform in the region over the past decade, highlighting reform initiatives undertaken at national and country specific levels.
Book Synopsis Subsidy Reform in the Middle East and North Africa by : Mr.Carlo A. Sdralevich
Download or read book Subsidy Reform in the Middle East and North Africa written by Mr.Carlo A. Sdralevich and published by International Monetary Fund. This book was released on 2014-07-09 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis State-Owned Enterprises in the Middle East and North Africa Engines of Development and Competitiveness? (Arabic version) by : OECD
Download or read book State-Owned Enterprises in the Middle East and North Africa Engines of Development and Competitiveness? (Arabic version) written by OECD and published by OECD Publishing. This book was released on 2013-10-21 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis From Privilege to Competition by : World Bank
Download or read book From Privilege to Competition written by World Bank and published by World Bank Publications. This book was released on 2009-11-04 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: '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.
Book Synopsis Towards New Arrangements for State Ownership in the Middle East and North Africa by :
Download or read book Towards New Arrangements for State Ownership in the Middle East and North Africa written by and published by . This book was released on 2012 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Reaching New Heights by : Rabah Arezki
Download or read book Reaching New Heights written by Rabah Arezki and published by World Bank Publications. This book was released on 2019-10-08 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part I of this report discusses the short- and medium-term growth prospects for countries in the Middle East and North Africa (MENA). The region is expected to grow at a subdued rate of 0.6 percent in 2019, rising to 2.6 percent in 2020 and 2.9 percent in 2021. The growth forecast for 2019 is revised down by 0.8 percentage points from the April 2019 projection. MENA’s economic outlook is subject to substantial downside risks—most notably, intensified global economic headwinds and rising geopolitical tensions. Part II argues that promoting fair competition is key for MENA countries to complete the transition from an administered to a market economy. Part II first examines current competition policies in MENA countries and to promote fair competition calls for strengthening competition law and enforcement agencies. It also calls for corporatizing state-owned enterprises, promoting the private sector and creating a level-playing field between them. Any moves to reform MENA economies would be aided by professional management of public assets, which could tap into a new source of national wealth.
Book Synopsis Management Practices and the Partial Government Ownership of Firms in the Middle East and North Africa by : Asif M. Islam
Download or read book Management Practices and the Partial Government Ownership of Firms in the Middle East and North Africa written by Asif M. Islam and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Better management practices and a disentanglement from government ownership could yield better results for businesses in the Middle East and North Africa, data from the Enterprise Surveys show. Well-managed firms are more productive, have higher operating profits, are more outward oriented and invest more in research and development. But company ownership also plays a role. Evidence from the Enterprise Surveys points to a negative relationship between partial government ownership and management practices in the Middle East and North Africa, where there is a high ratio of state-owned firms and where political connections play an important role in business management. To improve managerial practices, firms in the region must first disentangle themselves from government ownership. Management training and consultancy hold promise, but as long as governments distort incentives in the region, these cannot be fully effective. The Enterprise Surveys, conducted by the EIB, EBRD and the World Bank, provide insight into what lies beneath the region's relatively slow growth, with a focus on the reasons for stagnating productivity and inadequate accumulation of human and physical capital in the private sector. This is the seventh of nine working papers supporting the full report: Unlocking sustainable growth in the Middle East and North Africa private sector.
Book Synopsis Middle East and North Africa Investment Policy Perspectives by : OECD
Download or read book Middle East and North Africa Investment Policy Perspectives written by OECD and published by OECD Publishing. This book was released on 2021-03-30 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Partners for Development by : Samiha Fawzy
Download or read book Partners for Development written by Samiha Fawzy and published by World Bank Publications. This book was released on 1999-01-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: ¿¿the world is changing and so should the region. After decades of state domination of economic activity, many governments around the world are relying increasingly on the private sector to foster economic growth.¿ There is a growing consensus that the time has come for governments and private sector leaders of the Middle East and North Africa to forge a new partnership for development. However, the question is: what kind of partnership should the two parties seek in order to ensure sustainable economic development? This volume attempts to address this question. To make the investigation tractable, the papers deal with four key facets of the government-private sector interface: the business environment, privatization, infrastructure, and two activities that induce transaction costs, tax administration and government procurement. The volume derives its content from papers on the theme of public-private partnerships discussed at the second Mediterranean Development Forum (MDF2) held in Marrackech, Morocco on September 3-6, 1998. The papers presented here are intended to contribute to the ongoing debate on the development opportunities and challenges facing the countries in the Middle East and North Africa.
Book Synopsis Industrial Policy in the Middle East and North Africa by : Ahmed Galal
Download or read book Industrial Policy in the Middle East and North Africa written by Ahmed Galal and published by American Univ in Cairo Press. This book was released on 2008 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most governments in the Middle East and North Africa (MENA) region use trade policy to protect certain industries, provide tax incentives to promote a particular type of investment, and make subsidized credit available to firms of a certain size. Such government intervention, known as industrial policy, is the topic of this book. The aim is to assess whether state intervention leads to net benefits to society, why policymakers intervene, and how to bring about a healthier balance between states and markets. Answers to these questions are given in six chapters based on research papers that were presented at a conference held in Cairo in November 2005, and include case studies on Egypt, Morocco, Turkey, and Jordan. Contributors: Hasan Ersel, Ahmed Galal, Najib Harabi, Nihal El Megharbel, Mustapha Nabli, and Marcus Noland. An Egyptian Center for Economic Studies / World Bank Publication
Book Synopsis Towards New Arrangements for State Ownership in the Middle East and North Africa (Arabic version) by : OECD
Download or read book Towards New Arrangements for State Ownership in the Middle East and North Africa (Arabic version) written by OECD and published by OECD Publishing. This book was released on 2012-05-09 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trading Together written by Rabah Arezki and published by World Bank Publications. This book was released on 2020-10-06 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part I of this report discusses the short- and medium-term growth prospects for countries in the Middle East and North Africa (MENA). The region is expected to grow at a subdued rate of 0.6 percent in 2019, rising to 2.6 percent in 2020 and 2.9 percent in 2021. The growth forecast for 2019 is revised down by 0.8 percentage points from the April 2019 projection. MENA’s economic outlook is subject to substantial downside risks—most notably, intensified global economic headwinds and rising geopolitical tensions. Part II argues that promoting fair competition is key for MENA countries to complete the transition from an administered to a market economy. Part II first examines current competition policies in MENA countries and to promote fair competition calls for strengthening competition law and enforcement agencies. It also calls for corporatizing state-owned enterprises, promoting the private sector and creating a level-playing field between them. Any moves to reform MENA economies would be aided by professional management of public assets, which could tap into a new source of national wealth.
