Economic Development in the Middle East

Economic Development in the Middle East
Author: Rodney Wilson
Publisher: Routledge
Total Pages: 229
Release: 2002-03-11
Genre: Business & Economics
ISBN: 113480119X

Despite its oil resources,the Middle East is falling behind other regions of the developing world, notably the countries of East and South East Asia. Rodney Wilson examines the economic prospects for the region considering: *the consequences of rapid population growth, including the implications for education and employment; *low savings levels; *the absence of significant inflows of private capital and foreign investment; *fragmentation of the banking system; *the basic ecomomic infrastructure and the problems caused by excessive military expenditure; *falling oil prices; *budget deficits; The author examines alternative economic directions for the region arguing that both the methods and goals of development have to be reassessed in a region where Islam prevails.

Challenges Of Economic Development In The Middle East And North Africa Region

Challenges Of Economic Development In The Middle East And North Africa Region
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.

The Economic Development Process in the Middle East and North Africa

The Economic Development Process in the Middle East and North Africa
Author: Alessandro Romagnoli
Publisher: Routledge
Total Pages: 281
Release: 2013-11-12
Genre: Business & Economics
ISBN: 1134447256

Offering a comprehensive analysis of the development of economies in the Middle East and North Africa over the past half century, this book charts the progress of these countries through an examination of an Islamic model of economic development, reform processes, and economic integration. Far from being a simple process, economic development in the Middle East and North Africa is dependent on the interaction of a set of changing systems including; international relations, the political regime, economy, and society. By analysing these interdependent factors, The Economic Development Process in MENA seeks to provide answers to the most pressing issues facing the economies in this area. Providing an interpretation of regional development in light of dialectics between state and society, this book will be of value to students and scholars with an interest in the Middle East, Economics, and International Relations.

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.

A History of Middle East Economies in the Twentieth Century

A History of Middle East Economies in the Twentieth Century
Author: Roger Owen
Publisher: Harvard University Press
Total Pages: 336
Release: 1998
Genre: Business & Economics
ISBN: 9780674398306

This text offers an examination of the economic history of the principal Arab countries, Turkey and Israel since 1918. Using the state as its major economic analysis, it charts the growth of national income and issues of welfare and distribution over two periods, 1918-1945 and 1945-1990. Important trends are explored, including the patterns of colonial economic management, import substitution, the impact of the 1970s oil boom, and the current process of liberalization and structural adjustment

Economic Development in Saudi Arabia

Economic Development in Saudi Arabia
Author: Ahmed Al Rajhi
Publisher: Routledge
Total Pages: 210
Release: 2012-10-12
Genre: Business & Economics
ISBN: 1136132821

The changing political situation in the Middle East poses challenges for the economies of the region, and some see none more vulnerable to collapse than Saudi Arabia's. Yet as this study demonstrates, the fundamentals of the Kingdom's economy are relatively robust, as over three quarters of GDP is accounted for by the non-oil sector, and impressive modern industries have been established, notably in petrochemicals. The financial system functions well, and despite substantial government debts, there is low inflation and currency stability. The private sector increasingly drives the economy, although job creation has been insufficient to prevent rising youth unemployment. The development challenges Saudi Arabia faces are similar to those of other middle-income countries, and three decades of diversification have made the economy less unique than it was in the oil boom years of the 1970s.

Economic Development in the MENA Region

Economic Development in the MENA Region
Author: Mohamed Sami Ben Ali
Publisher: Springer Nature
Total Pages: 204
Release: 2021-05-08
Genre: Business & Economics
ISBN: 3030663809

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.

An Economic History of the Middle East and North Africa

An Economic History of the Middle East and North Africa
Author: Charles Issawi
Publisher: Routledge
Total Pages: 329
Release: 2013-10-16
Genre: Business & Economics
ISBN: 1134560516

The economic history of the Middle East and North Africa is quite extraordinary. This is an axiomatic statement, but the very nature of the economic changes that have stemmed directly from the effects of oil resources in these areas has tended to obscure longterm patterns of economic change and the fundamental transformation of Middle Eastern and North African economies and societies over the past two hundred years. In this study Professor Issawi examines and explains the development of these economies since 1800, focusing particularly on the challenge posed by the use and subsequent decline of Western economic and political domination and the Middle Eastern response to it. The book beg ins with an analysis of the effects of foreign intervention in the area: the expansion of trade, the development of transport networks, the influx of foreign capital and resulting integration into international commercial and financial networks. It goes on to examine the local response to these external forces: migration within, to and from the region, population growth, urbanization and changes in living standards, shifts in agricultural production and land tenure and the development of an industrial sector. Professor Issawi discusses the crucial effects of the growth of oil and oil-related industries in a separate chapter, and finally assesses the likely gains and losses in this long period for both the countries in the area and the Western powers. He has drawn on long experience and an immense amount of material in surveying the period, and provides a clear and penetrating survey of an extraordinarily complex area.

Rulers, Religion, and Riches

Rulers, Religion, and Riches
Author: Jared Rubin
Publisher: Cambridge University Press
Total Pages: 297
Release: 2017-02-16
Genre: Business & Economics
ISBN: 110703681X

This book seeks to explain the political and religious factors leading to the economic reversal of fortunes between Europe and the Middle East.

The Economics of the Middle East

The Economics of the Middle East
Author: James E. Rauch
Publisher:
Total Pages: 329
Release: 2020
Genre: Business & Economics
ISBN: 0190879181

Countries in the Middle East have very different economies, even if they are often grouped together. In The Economics of the Middle East, James Rauch focuses on the drivers of their distinctiveness, including the effects of their natural endowments, geographic locations, and interactions with the global economy. This book evaluates the socioeconomic trajectories of three groups of Middle Eastern States: Sub-Saharan African, fuel-endowed, and "Mediterranean." It compares these groups both to each other and to developing countries in other regions with similar characteristics. Rauch draws on basic approaches to economic development to enhance understanding of important issues, such how policies on gender, education, health, and the environment affect development. His comparative perspective sheds light on how and why the Arab countries, Iran, and Turkey have done better or worse than similar countries in other regions. His analysis throughout is supported by data that are well organized and clearly presented. Rauch develops new insights on topics as diverse as unemployment, urbanization, corruption, and the importance of intraregional flows of investment and migrants. The result is a fascinating and balanced overview of the socioeconomic performance of the Arab countries, Iran, and Turkey that presents a new lens on the economics of the Middle East.