Economic Crisis In The Middle East And North Africa PDF Download
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Author | : Mr.Bjoern Rother |
Publisher | : International Monetary Fund |
Total Pages | : 43 |
Release | : 2016-09-16 |
Genre | : Social Science |
ISBN | : 1475535783 |
Download The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa Book in PDF, ePub and Kindle
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.
Author | : Marek Dąbrowski |
Publisher | : |
Total Pages | : |
Release | : 2021 |
Genre | : |
ISBN | : |
Download Economic Crisis in the Middle East and North Africa Book in PDF, ePub and Kindle
In the 2010s, the economic situation in the Middle East and North Africa (MENA) deteriorated as a result of lower oil and other commodity prices, a new round of domestic political instability, continuous intra-regional conflicts, stalled economic and governance reforms and, finally, the COVID-19 pandemic.The growth of real GDP, which slowed after the global financial crisis of 2008-2009, further decelerated in the second half of the 2010s and became negative in 2020 as result of the COVID-19 shock. Fiscal balances have deteriorated, even in the oil-exporting countries, and public debt has grown rapidly. MENA countries continue to face numerous long-term socio-economic and institutional challenges including high unemployment (especially youth unemployment), low female labour-market participation rates, the poor quality of education, costly and ineffective public sectors, high military and security spending, high energy subsidies and trade protectionism. Only comprehensive long-term reform programmes can address these challenges.The European Union is MENA's second largest trading partner after the region itself, and is one of two main sources of foreign direct investment and a major aid donor. However, given the critical importance of the MENA region to its own security and stability, the EU's engagement in conflict resolution and in supporting economic and political transformation of the region is insufficient and should be intensified. The EU should also update and upgrade its existing association agreements with the countries of the Southern and Eastern Mediterranean, including their free trade provisions.
Author | : Roberta Gatti |
Publisher | : World Bank Publications |
Total Pages | : 76 |
Release | : 2021-10-06 |
Genre | : Business & Economics |
ISBN | : 1464817987 |
Download Overconfident Book in PDF, ePub and Kindle
Overconfident: How Economic and Health Fault Lines Left the Middle East and North Africa Ill-Prepared to Face COVID This report examines the region’s economic prospects in 2021, forecasting that the recovery will be both tenuous and uneven as per capita GDP level stays below pre-pandemic levels. COVID-19 was a stress-test for the region’s public health systems, which were already overwhelmed even before the pandemic. Indeed, a decade of lackluster economic reforms left a legacy of large public sectors and high public debt that effectively crowded out investments in social services such as public health. This edition points out that the region’s health systems were not only ill-prepared for the pandemic, but suffered from over-confidence, as authorities painted an overly optimistic picture in self-assessments of health system preparedness. Going forward, governments must improve data transparency for public health and undertake reforms to remedy historical underinvestment in public health systems.
Author | : The World Bank |
Publisher | : World Bank Publications |
Total Pages | : 370 |
Release | : 2011-09-21 |
Genre | : Business & Economics |
ISBN | : 0821388568 |
Download Financial Access and Stability Book in PDF, ePub and Kindle
The countries of the Middle East and North Africa (MENA) have been recovering from the global financial crisis, but the recent political turmoil has interrupted the pace of credit and output recovery in many countries. The political turmoil in the MENA region reveals deep-seated frustrations and a sense of political, social, and economic exclusion, especially among the youth. The relatively weak growth performance reflects a combination of insufficient reforms and weak reform implementation, including financial sector reforms. The structural weaknesses of financial sectors imply that access to finance may remain restricted even with a full recovery of credit activity. Therefore, the region s countries face an ambitious reform agenda to revert two decades of relatively poor performance of output and employment growth. Financial development should be a central component of the region s growth agenda. This study reviews the region s financial systems, the severity of the limitations on access to finance, and the main factors behind such limitations. It goes on to provide a road map for expanding access and preserving financial stability.
Author | : Nilgün Çil Yavuz |
Publisher | : Nova Science Publishers |
Total Pages | : 0 |
Release | : 2013 |
Genre | : Africa, North |
ISBN | : 9781629481524 |
Download Economic and Social Issues in the Middle East and North African Countries Book in PDF, ePub and Kindle
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 | : World Bank |
Publisher | : World Bank Publications |
Total Pages | : 146 |
Release | : 2013 |
Genre | : Africa, North |
ISBN | : 082139889X |
Download Middle East and North Africa Economic Developments and Prospects, January 2011 Book in PDF, ePub and Kindle
"The impact of the global financial and economic crisis on the Middle East and North Africa region was relatively mild. Lack of integration and a large public sector helped insulate the region to some extent, but now these and other factors are slowing down the speed of its economic recovery. The report examines the major factors threatening the recovery and those that obstruct long-term growth, especially non-oil export growth, which in net terms contributed little to regional growth during the past decade, with non-oil exports remaining below potential in many countries in the region. The report emphasizes several major areas in need of policy makers\2019 attention, including restrictive trade policies, particularly those affecting trade in services; governance issues linked to uneven application of rules and regulations; inefficient and inflexible labor markets and scarcity of skills, innovation and technological capabilities."--page xi.
Author | : Charles Issawi |
Publisher | : Routledge |
Total Pages | : 329 |
Release | : 2013-10-16 |
Genre | : Business & Economics |
ISBN | : 1134560516 |
Download An Economic History of the Middle East and North Africa Book in PDF, ePub and Kindle
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.
Author | : Mr.Hamid R Davoodi |
Publisher | : International Monetary Fund |
Total Pages | : 44 |
Release | : 2003-09-05 |
Genre | : Business & Economics |
ISBN | : 9781589062290 |
Download Challenges of Growth and Globalization in the Middle East and North Africa Book in PDF, ePub and Kindle
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 |
Download Challenges Of Economic Development In The Middle East And North Africa Region Book in PDF, ePub and Kindle
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 | : Habib Ayeb |
Publisher | : Anthem Press |
Total Pages | : 218 |
Release | : 2019-09-30 |
Genre | : Political Science |
ISBN | : 1785270885 |
Download Food Insecurity and Revolution in the Middle East and North Africa Book in PDF, ePub and Kindle
‘Food Insecurity and Revolution in the Middle East and North Africa’ studies the political economy of agrarian transformation in the eponymous regions. Examining Egypt and Tunisia in detail as case studies, it critiques the dominant tropes of food security offered by the international financial institutions and promotes the importance of small-scale family farming in developing sustainable food sovereignty. Egypt and Tunisia are located in the context of the broader Middle East and broader processes of war, environmental transformation and economic reform. The book contributes to uncovering the historical backdrop and contemporary pressures in the Middle East and North Africa for the uprisings of 2010 and 2011. It also explores the continued failure of post-uprising counter-revolutionary governments to directly address issues of rural development that put the position and role of small farmers centre stage.