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Mena Quarterly Economic Brief July 2014
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Book Synopsis MENA Quarterly Economic Brief, July 2014 by : Shantayanan Devarajan
Download or read book MENA Quarterly Economic Brief, July 2014 written by Shantayanan Devarajan and published by World Bank Publications. This book was released on 2014-08-06 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This issue of the Quarterly Economic Brief looks at the actual growth performance of these countries and highlights the limitations of forecasting in the wake of the 2011 uprisings, at the consequences of the growth slowdown, including unemployment, where perceptions may diverge from reality. The story is told in fourteen charts.
Book Synopsis MENA Quarterly Economic Brief, July 2014 by : Shanta Devarajan
Download or read book MENA Quarterly Economic Brief, July 2014 written by Shanta Devarajan and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis MENA Quarterly Economic Brief, July 2014 by :
Download or read book MENA Quarterly Economic Brief, July 2014 written by and published by . This book was released on 2014 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This issue of the Quarterly Economic Brief looks at the actual growth performance of these countries and highlights the limitations of forecasting in the wake of the 2011 uprisings, at the consequences of the growth slowdown, including unemployment, where perceptions may diverge from reality. The story is told in fourteen charts.
Book Synopsis MENA Quarterly Economic Brief, July 2015 by : Shantayanan Devarajan
Download or read book MENA Quarterly Economic Brief, July 2015 written by Shantayanan Devarajan and published by World Bank Publications. This book was released on 2015 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Iran and the Permanent Members of the UN Security Council and Germany (P5+1) reached a deal on July 14, 2015 that limits Iranian nuclear activity in return for lifting all international sanctions that were placed on Iran (Box 1). This issue of the MENA Quarterly Economic Brief (QEB) traces the economic effects of this development--removing sanctions on Iran--on the world oil market, on Iran's trading partners, and on the Iranian economy.
Book Synopsis Middle East and North Africa Quarterly Economic Brief, January 2014 by : Shantayanan Devarajan
Download or read book Middle East and North Africa Quarterly Economic Brief, January 2014 written by Shantayanan Devarajan and published by World Bank Publications. This book was released on 2014-06-28 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ongoing regional tensions, together with a challenging (albeit slightly improving) external environment, have hit the economies of the Middle East and North Africa (MENA) region hard. Economic growth is slowing, fiscal buffers are depleting, unemployment is rising, and inflation is mounting in seven of the region’s most vulnerable economies-- Egypt, Tunisia, Iran, Lebanon, Jordan, Yemen and Libya. Short-term policy actions such as increasing public sector wages and subsidies—aimed at reducing social tensions--exacerbate the situation, which is driven by long-standing structural weaknesses, including labor market rigidities, complicated and opaque regulations, infrastructure deficiencies, regressive and inefficient subsidies, and inadequate social safety nets. While these countries face an unstable political and macroeconomic environment, the growth slowdown after the Arab Spring creates a unique opportunity to address these structural problems to both create fiscal space and restructure the economy towards job creation and inclusive growth.
Book Synopsis MENA Quarterly Economic Brief January 2016 by : Shantayanan Devarajan
Download or read book MENA Quarterly Economic Brief January 2016 written by Shantayanan Devarajan and published by World Bank Publications. This book was released on 2016-01-29 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This issue of the World Bank MENA Quarterly Economic Brief expects growth in the Middle East and North Africa to fall to 2.6 percent in 2015, from 2.8 percent predicted in October. The short term outlook remains “cautiously pessimistic†?. The poor performance of several MENA economies and their dim prospects for the future are mainly driven by the civil wars that have created death, destruction and significant growth shortfalls in both conflict countries and their neighbors. This report examines the different ways in which civil wars affect the economies of the region, including the important channel of forced displacement, which has become a crisis. Moreover, we explore how economic fortunes will turn around if there is peace. The report concludes that under peace settlement, a permanent transition from non democracy to democracy could improve economic growth significantly in the long run.
Book Synopsis MENA Quarterly Economic Brief January 2016 by : Shantayanan Devarajan
Download or read book MENA Quarterly Economic Brief January 2016 written by Shantayanan Devarajan and published by . This book was released on 2016 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The July 2015 nuclear deal between Iran and Permanent Members of the UN Security Council and Germany (P5+1), with the attendant lifting of sanctions on Iran, will have significant consequences for the global, regional and national economies. First, Iran's return to the oil market, coupled with increased production from Libya (should the conflict subside) will keep world oil prices low. Secondly, once sanctions and restrictions on financial transactions are relaxed, Iran's trade, which had both declined in absolute terms and shifted away from Europe towards Asia and the Middle East, is likely to pick up. Thirdly, the Iranian economy, which has been in recession for the past two years, will receive a major boost from increased oil revenues--conservatively estimated at about USD 15 billion in the first year--and lower trade costs. This issue of the MENA Quarterly Economic Brief (QEB) traces these effects on the world oil market, on Iran's trading partners, and on the Iranian economy.
Book Synopsis Middle East and North Africa Quarterly Economic Brief, January 2015 by : Shantayanan Devarajan
Download or read book Middle East and North Africa Quarterly Economic Brief, January 2015 written by Shantayanan Devarajan and published by World Bank Publications. This book was released on 2015-01-31 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the three months since most observers, including the World Bank, issued their last forecasts, the Middle East and North Africa (MENA) Region has changed substantially. Political tensions have eased somewhat with presidential and legislative elections completed in a few countries. Egypt’s cabinet approved the electoral constituencies’ law, the last step before calling for the House of Representatives elections, the final milestone in the political roadmap initiated in July 2013. Presidential elections were held in Tunisia, with Beji Caid Essebsi sworn in as the new president in December. Iran’s nuclear talks with the P5+1 were extended for 6 months--while bilateral talks continue—with the aim of reaching a deal in July 2015. In Iraq, the government and the Kurdish region reached an agreement in December resolving a longstanding dispute over the budget and distribution of oil revenues. Meanwhile, Lebanon, Yemen and Libya still struggle to maintain a functional government. The global economy is estimated to have expanded by 2.6 percent (q/q annualized rate), better than the second quarter of 2014, but unchanged from the slow pace seen in 2012 and 2013. But the most important development is that international oil prices have literally collapsed, reaching a level below $50 per barrel (Brent crude) in early January, a drop of 50 percent since their peak in mid-June 2014.
Book Synopsis Middle East and North Africa Quarterly Economic Brief, January 2014 by :
Download or read book Middle East and North Africa Quarterly Economic Brief, January 2014 written by and published by . This book was released on 2014 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Middle East and North Africa Quarterly Economic Brief, January 2015 by :
Download or read book Middle East and North Africa Quarterly Economic Brief, January 2015 written by and published by . This book was released on 2015 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the three months since most observers, including the World Bank, issued their last forecasts, the Middle East and North Africa (MENA) Region has changed substantially. Political tensions have eased somewhat with presidential and legislative elections completed in a few countries. Egypt's cabinet approved the electoral constituencies' law, the last step before calling for the House of Representatives elections, the final milestone in the political roadmap initiated in July 2013. Presidential elections were held in Tunisia, with Beji Caid Essebsi sworn in as the new president in December. Iran's nuclear talks with the P5+1 were extended for 6 months--while bilateral talks continueâ€" with the aim of reaching a deal in July 2015. In Iraq, the government and the Kurdish region reached an agreement in December resolving a longstanding dispute over the budget and distribution of oil revenues. Meanwhile, Lebanon, Yemen and Libya still struggle to maintain a functional government. The global economy is estimated to have expanded by 2.6 percent (q/q annualized rate), better than the second quarter of 2014, but unchanged from the slow pace seen in 2012 and 2013. But the most important development is that international oil prices have literally collapsed, reaching a level below
Book Synopsis MENA Quarterly Economic Brief, July 2016 by : Shantayanan Devarajan
Download or read book MENA Quarterly Economic Brief, July 2016 written by Shantayanan Devarajan and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This issue of the World Bank MENA Quarterly Economic Brief seeks to understand the factors behind the new normal of the oil market to discern the evolution of world oil prices in the future, and their implications for the economies of the Middle East and North Africa (MENA). Our findings show that the oil price crash of 2014 was preceded by a significant increase in the size and frequency of volatility of oil prices. This volatility in turn contributed to the accumulation of oil inventories, attributing to the decline in oil prices. Noting that, historically, oil price slumps have lasted longer than spikes, we suggest that the current situation in the oil market may persist because of the changing behavior of market players, and the fact that overall oil demand is weak and not expected to rebound anytime soon. We expect the world oil market to work through its current oversupply and rebalance in early 2020 at market-clearing prices that are close to the marginal cost of the last producer (US shale oil producers). Oil prices are likely to be in the range of $53 - $60 a barrel and stay there for several years. The new normal for oil prices will prove difficult for MENA oil producers and could end up overhauling the existing social contract.
Book Synopsis Middle East and North Africa Quarterly Economic Brief, July 2013 by : Shantayanan Devarajan
Download or read book Middle East and North Africa Quarterly Economic Brief, July 2013 written by Shantayanan Devarajan and published by World Bank Publications. This book was released on 2014-06-28 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the focus has been on the recent change in government in Egypt, five countries in the Middle East and North Africa Region, including Egypt, Tunisia, Lebanon, Jordan and Iran are facing a growth slowdown, rising fiscal deficits and debt, and high unemployment and inflation. Continued political turmoil in Egypt and spillovers from the civil war in Syria to Jordan and Lebanon threaten to make their economic situation worse. While easing political tensions in Tunisia and post-election improvements in Iran’s international relations may help these countries, the overall macroeconomic outlook in all five countries for the rest of 2013 is grim.
Book Synopsis Middle East and North Africa Quarterly Economic Brief, July 2013 by :
Download or read book Middle East and North Africa Quarterly Economic Brief, July 2013 written by and published by . This book was released on 2014 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis MENA's Forced Displacement Crisis by : Lili Mottaghi
Download or read book MENA's Forced Displacement Crisis written by Lili Mottaghi and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest MENA Quarterly Economic Brief estimates growth in the Middle East and North Africa (MENA) Region to fall short of expectation at 2.6 percent in 2015, about 0.2 percentage points below the October 2015 forecast. The World Bank expects the economic outlook to remain “cautiously pessimistic” in the short term. The recent poor performance of several MENA economies, and their dim prospects for the future, are partly driven by the civil wars that have created death, destruction and significant growth shortfalls in both conflict countries; Syria, Iraq, Yemen and Libya and their neighbors. This Quick Note summarizes the findings of the report including the important channel of forced displacement, which has become a crisis.Overall, millions of Syrians, Iraqis, Yemenis and Libyans have been forced to flee their homes or displaced with in the country. They are in need of urgent humanitarian and financial assistance. According to the United Nations (U.N.) for Syria only, it will take US 7.7 billion dollars to meet the urgent needs of the most vulnerable people in 2016.
Book Synopsis International Leadership by : Ingo Stolz
Download or read book International Leadership written by Ingo Stolz and published by Springer Nature. This book was released on 2022-08-25 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume strives to support leaders in successfully leading their teams, projects and organizations across borders in an increasingly boundaryless world. From both an academic’s and a practitioner’s perspective, the book focuses on international leaders and their potential to be or become enablers of international success, for and within their respective organizations. The authors are a curated selection of established experts, seasoned leaders, and new voices showcasing novel research, best practices, and business cases. The contributions are assigned to three sections, corresponding to the three core challenges of international leadership: Leading international organizations, leading international teams, and (self)leadership with intercultural excellence. An additional section is dedicated to case studies, exhibiting these challenges in practice. The Foundation of the Swiss Society for Organization and Management (SGO) as well as Innosuisse – Swiss Innovation Agency supported the creation of this book.
Book Synopsis North Africa in Transition by : Ben Fishman
Download or read book North Africa in Transition written by Ben Fishman and published by Routledge. This book was released on 2018-10-16 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first comprehensive examination of North Africa’s political, security, and economic developments since the 2011 Arab Uprisings shook the Middle East. North Africa in Transition examines how the people and governments of North Africa have responded to the Arab uprisings that shook the region’s politics in 2011. With individual chapters detailing key developments in Algeria, Libya, Morocco, and Tunisia, the authors bring together a wide range of expertise to assess how a previously under-explored and politically static region underwent bursts or energy, protests, and war. Two of the regimes were completely transformed and two adapted to survive. Of interest to North Africa specialists and scholars of democratic transitions, North Africa in Transition unravels the story of what has changed since 2011 and what security, political, and economic reforms are required to ensure progress and stability. The book argues that without the persistent and comprehensive development of key government institutions focused on creating jobs and providing security, the region risks future protests, terrorism or even revolution.
Book Synopsis Middle East and North Africa Economic Monitor, April 2015 by : Shantayanan Devarajan
Download or read book Middle East and North Africa Economic Monitor, April 2015 written by Shantayanan Devarajan and published by World Bank Publications. This book was released on 2015-04-14 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic outlook for the Middle East and North Africa (MENA) region in 2015 is slightly more favorable than in 2013-14, when the region as a whole grew at 3 percent a year. The World Bank group’s latest MENA Economic Monitor projects MENA’s economic growth to average 5.2 percent in 2015 driven by domestic consumption, easing political tensions crowding-in investments in Egypt and Tunisia, and full resumption of oil production in Libya. However the violent conflicts in Syria, Iraq, Gaza, Yemen and Libya with their spillovers to Lebanon and Jordan could make MENA’s economic prospects bleak. The report has a special focus on the corrosive nature of the large energy subsidies in MENA. The MENA region is currently experiencing growth below potential, high unemployment, urban air pollution and congestion, and severe water scarcity that is undermining agriculture. The report shows how energy subsidies have contributed to these development challenges. Reforming these subsidies, therefore, should be one of the highest priorities of policymakers.
