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Economic and Financial Rationale for a Regional Multilateral Bank for the Middle East and North Africa

Economic and Financial Rationale for a Regional Multilateral Bank for the Middle East and North Africa
Author: Wafik Grais
Publisher:
Total Pages: 30
Release: 1999
Genre: Africa, North
ISBN:

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"The MENA region has recently witnessed significant economic and financial development. Yet its trade and capital flows remain marginal on a global level, and risk perceptions and institutional underdevelopment are still a powerful obstacle to an increased access to capital markets, a better mobilization of savings and of long term finance for investment, especially large infrastructure projects. The paper argues that the creation of a regional multilateral bank for MENA could contribute to ease some of these constraints and to provide a powerful catalyst for increased capital flows, and that the recent attempt to turn this idea into reality, the MENABANK, currently on a shelve, deserves to be revamped"-- Economic Research Forum for the Arab Countries, Iran and Turkey web site.


Financial Markets and Institutions in the Arab Economy

Financial Markets and Institutions in the Arab Economy
Author: Niḍāl Rashīd Ṣabrī
Publisher: Nova Publishers
Total Pages: 192
Release: 2008
Genre: Business & Economics
ISBN: 9781604561371

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This book aims to trace and point out the recent developments occurred in the Arab Economy in the last two decades, including trends toward integration, liberalisation, and globalisation. This book indicates the most recent changes in the Arab Financial Institutions including banks, insurance companies, pension funds and other financial institutions. There is also the discussion of issues in market stability and efficiency in the light of new Arab environment of stock trading. This book is a comprehensive text covering the Arab Financial Sector.


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

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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.


Globalization and Growth Prospect in Arab Countries

Globalization and Growth Prospect in Arab Countries
Author: Ms.Patricia Alonso-Gamo
Publisher: International Monetary Fund
Total Pages: 50
Release: 1997-09-01
Genre: Business & Economics
ISBN: 1451937334

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Globalization—the intensification of international trade and finance linkages underpinned by economic liberalization and technological change—presents both challenges and opportunities to Arab countries. After reviewing this region’s disappointing performance in integration and growth, this paper analyzes the empirical relationship between the two and concludes that integration is necessary if high growth rates are to be attained and the region is not to become marginalized. It then identifies the main obstacles to the integration of Arab countries into the world economy and reviews recent progress in overcoming them. On this basis, the paper derives some policy prescriptions.


Economic Development and Islamic Finance

Economic Development and Islamic Finance
Author: Zamir Iqbal
Publisher: World Bank Publications
Total Pages: 375
Release: 2013-08-05
Genre: Business & Economics
ISBN: 0821399543

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Although Islamic finance is one of the fastest growing segments of emerging global financial markets, its concepts are not fully exploited especially in the areas of economic development, inclusion, access to finance, and public policy. This volume is to improve understanding of the perspective of Islamic finance on economic development, social and economic justice, human welfare, and economic growth.


Growth and Stability in the Middle East and North Africa

Growth and Stability in the Middle East and North Africa
Author: Ms.Sena Eken
Publisher: International Monetary Fund
Total Pages: 60
Release: 1996-04-06
Genre: Business & Economics
ISBN: 9781557755650

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This paper provides an economic overview of the very diverse countries within the large geographical area. It highlights the economic challenges and opportunities facing the MENA region, the policies pursued by the countries in the region, and the outlook for the external environment. The paper concludes with eight policy recommendations.