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
Total Pages: 44
Release: 2003-09-05
Genre: Business & Economics
ISBN: 9781589062290

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.

Corporate Governance in MENA Building a Framework for Competitiveness and Growth

Corporate Governance in MENA Building a Framework for Competitiveness and Growth
Author: OECD
Publisher: OECD Publishing
Total Pages: 186
Release: 2019-04-15
Genre:
ISBN: 9264392025

A strong corporate governance framework is essential for MENA economies as they strive to boost economic growth, strengthen competitiveness and build prosperous societies. The G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises are a reference in order to build such a framework.

Middle East and North Africa Investment Policy Perspectives

Middle East and North Africa Investment Policy Perspectives
Author: OECD
Publisher: OECD Publishing
Total Pages: 253
Release: 2021-03-30
Genre:
ISBN: 9264473041

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.

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

The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa
Author: Mr.Bjoern Rother
Publisher: International Monetary Fund
Total Pages: 43
Release: 2016-09-16
Genre: Social Science
ISBN: 1475535783

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.

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
Total Pages: 153
Release: 2021-09-20
Genre: Business & Economics
ISBN: 1513594087

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.

Policy Competition for Foreign Direct Investment

Policy Competition for Foreign Direct Investment
Author: Charles Oman
Publisher: OECD
Total Pages: 148
Release: 2000
Genre: Business & Economics
ISBN:

This book looks at the evidence and assesses the impact of competition among governments to attract FDI. It finds little evidence directly to support fears of a "global race to the bottom" in labour and environmental standards.

Regional Integration in the Union for the Mediterranean Progress Report

Regional Integration in the Union for the Mediterranean Progress Report
Author: OECD
Publisher: OECD Publishing
Total Pages: 201
Release: 2021-05-27
Genre:
ISBN: 9264504621

Regional Integration in the Union for the Mediterranean: Progress Report monitors major trends and evolutions of integration in the Euro-Mediterranean region. The Report examines five domains of regional integration, namely trade integration, financial integration, infrastructure integration, movement of people, as well as research and higher education.

The Growth Report

The Growth Report
Author: Commission on Growth and Development
Publisher: World Bank Publications
Total Pages: 198
Release: 2008-07-23
Genre: Business & Economics
ISBN: 0821374923

The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.

Morocco

Morocco
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
Total Pages: 42
Release: 2017-09-11
Genre: Business & Economics
ISBN: 1484317378

This paper discusses Morocco’s Second Review Under the Arrangement Under the Precautionary and Liquidity Line (PLL). Growth prospects for 2017 have improved, but nonagricultural growth is subdued. The current account deficit is projected to decline and international reserves are at a comfortable level. The IMF staff assesses that Morocco continues to meet the PLL qualification criteria and performs strongly in four out of the five areas of PLL qualification (external, monetary, financial, and data), does not substantially underperform in the fifth area (fiscal). The IMF staff recommends the completion of the second review under the PLL arrangement.