Monetary Issues In The Middle East And North Africa Region
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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.
Author | : Julia C Devlin |
Publisher | : World Scientific |
Total Pages | : 566 |
Release | : 2010-01-20 |
Genre | : Business & Economics |
ISBN | : 9814471658 |
This book surveys major economic issues in the development of countries in the Middle East and North Africa (MENA) region since World War II. It presents a framework of analysis highlighting underlying continuities in the region's approach to issues of growth, management of oil and natural resources, post-conflict environments, progress in trade liberalization and regional integration, the use of industrial policy, labor market adjustment and unemployment, educational attainment and poverty incidence. At the same time, this book focuses on emerging differences across countries in the region in the prevailing approach to addressing such challenges most notably between the economies of the Gulf Cooperation Council and other MENA countries.This book also incorporates a discussion of tools and methods used by development practitioners and briefly examines issues of aid effectiveness. The approach used is intended to appeal to a wide audience including students of economic development, political scientists and development practitioners.
Author | : Mr.Simon Gray |
Publisher | : International Monetary Fund |
Total Pages | : 176 |
Release | : 2013-05-10 |
Genre | : Business & Economics |
ISBN | : 1484349032 |
This paper documents the main themes covered in two seminars (December 2011 and September 2012) on monetary policy and implementation at the IMF—Middle East Center for Economics and Finance, and includes country case studies. Against the backdrop of the global financial crisis and swings in cross-border capital flows, operational frameworks have become more flexible, and liquidity management has impacted the relationship between the policy rate corridor and market rates. The balance sheet structure of central banks in the Middle East and North Africa (MENA) shows differences between oil exporters and others, while a few countries have exhibited notable changes since early 2011. Collateral now has a significant financial stability function. Although only one MENA country is part of the G20, implementation of the Basel III bank capital adequacy and liquidity rules will most likely impact banks’ way of doing business in MENA countries, even if indirectly.
Author | : Nilgün Cil Yavuz |
Publisher | : Nova Science Publishers |
Total Pages | : 0 |
Release | : 2013 |
Genre | : Business & Economics |
ISBN | : 9781629481524 |
The Middle East and North Africa (MENA) countries have witnessed important complex economic, social and political changes and transition recently. These changes resulted from not only social and political reasons called the Arab Spring but also economic reasons from the global economic crisis. External and internal dynamics of the MENA region force governments into an important transformation in terms of better democratic mechanisms, better governance and better social, political and economic environment. This book sheds light on the main economic, social and political problems and characteristics of MENA economies by considering the latest in the global and regional turmoil.
Author | : David Ramin Jalilvand |
Publisher | : Routledge |
Total Pages | : 400 |
Release | : 2017-11-22 |
Genre | : Political Science |
ISBN | : 1351783483 |
The Middle East and North Africa (MENA) are in disarray, and shifts in the field of energy have the potential to drastically affect the course of political and economic developments in the region. Declining oil prices, skyrocketing domestic demand, the rise of unconventional oil and natural gas production in North America, as well as shifting patterns of global energy trade all put severe pressures on both producing and importing countries in the MENA region. Policy-makers are facing fundamental challenges in light of the duality of grand transformations in (geo)politics and energy. Changes in the field of energy require substantial political and economic reforms, affecting the very fabric of sociopolitical arrangements. At the same time, the MENA region’s geopolitical volatility makes any such reforms extremely risky. Including contributions by academics and analysts from both inside and outside the MENA region, this volume explores the changes in global and regional energy, the impact of changing international energy dynamics on politics and economies in the MENA region, and the challenges that will result. This is essential reading for researchers, postgraduates, and professionals in Middle Eastern and North African politics, global energy governance and regionalism.
Author | : Nemat Shafik |
Publisher | : Springer |
Total Pages | : 272 |
Release | : 2016-07-27 |
Genre | : Business & Economics |
ISBN | : 1349261246 |
An authoritative analysis of economic performance in Middle Eastern and North African countries are presented by scholars in the region. The papers focus on the implications of changes in the world economy, in the role of the private sector, and in the need for human resource development. Country studies are presented for Egypt, the economies of the Gulf Cooperation Council, Iran, Jordan, Lebanon, Morocco, Palestine, Sudan, Syria, Tunisia, and Turkey.
Author | : Mr.Carlo A Sdralevich |
Publisher | : International Monetary Fund |
Total Pages | : 130 |
Release | : 2014-07-09 |
Genre | : Business & Economics |
ISBN | : 1498350437 |
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.
Author | : Mustapha Rouis |
Publisher | : World Bank Publications |
Total Pages | : 209 |
Release | : 2012-12-11 |
Genre | : Business & Economics |
ISBN | : 082139729X |
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.
Author | : MissCatriona Purfield |
Publisher | : International Monetary Fund |
Total Pages | : 123 |
Release | : 2018-07-17 |
Genre | : Business & Economics |
ISBN | : 148436855X |
This publication brings together a set of IMF papers that prepared as backgrounds for the various sessions of the conference and will help put into broader dissemination channels the results of this important conference. An official IMF publication is well disseminated into academic and institutional libraries and book channels. The IMF metadata will also make the conference papers more discoverable online.
Author | : Rabah Arezki |
Publisher | : World Bank Publications |
Total Pages | : 98 |
Release | : 2018-10-03 |
Genre | : Business & Economics |
ISBN | : 1464813671 |
"After a sharp fall in 2017, economic growth in MENA is projected to rebound to 3.1 percent in 2018, thanks to the positive global outlook, oil prices stabilizing at relatively higher levels, stabilization policies and reforms, and recovery and reconstruction as conflicts recede. The outlook for MENA remains positive, and the growth rebound is expected to gain momentum over the next two years, exceeding 3 percent in 2020. While stabilization policies have helped economies adjust in recent years, .a second phase of reforms is needed should be transformative if the region is to reach its potential and create jobs for hundred million young people who will enter the labor market in coming decades. In this report, we explore the role that public-private partnerships can play. not only in providing an alternative source of financing but in helping change the role of the state from the main provider of employment to an enabler of private sector activity. Studies have shown that the gap between MENA economies and fast-growing ones is the performance of the services sector. The disruptive technology offers new opportunities for boosting private-sector-led growth through enhancement of high-tech jobs in the services sector. The report argues that combining the region's fast-growing pool of university graduates and a heavy penetration of social media and smartphone, could serve as the foundation for a digital sector that could create much-needed private sector jobs for the youth over the next decade."