Industrial Policy In The Middle East And North Africa
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Industrial Policy In The Middle East And North Africa
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Author : Ahmed Galal
language : en
Publisher: American Univ in Cairo Press
Release Date : 2008
Industrial Policy In The Middle East And North Africa written by Ahmed Galal and has been published by American Univ in Cairo Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
Most governments in the Middle East and North Africa (MENA) region use trade policy to protect certain industries, provide tax incentives to promote a particular type of investment, and make subsidized credit available to firms of a certain size. Such government intervention, known as industrial policy, is the topic of this book. The aim is to assess whether state intervention leads to net benefits to society, why policymakers intervene, and how to bring about a healthier balance between states and markets. Answers to these questions are given in six chapters based on research papers that were presented at a conference held in Cairo in November 2005, and include case studies on Egypt, Morocco, Turkey, and Jordan. Contributors: Hasan Ersel, Ahmed Galal, Najib Harabi, Nihal El Megharbel, Mustapha Nabli, and Marcus Noland. An Egyptian Center for Economic Studies / World Bank Publication
Trade Policy Developments In The Middle East And North Africa
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Author : Bernard M. Hoekman
language : en
Publisher: World Bank Publications
Release Date : 2000-01-01
Trade Policy Developments In The Middle East And North Africa written by Bernard M. Hoekman and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-01 with Business & Economics categories.
"While very diverse in many respects, the Middle East and North Africa (MENA) countries nevertheless also share some common characteristics, including a number of important shared challenges for policymakers."The Middle East and North Africa region has great potential for economic growth and prosperity in the 21st century. Yet, this potential will not be realized unless governments and private sector leaders in the region forge partnerships for development. An indispensable resource for all those working within the international development community, especially within the Middle East and North Africa region, Trade Policy Developments in the Middle East and North Africa offers policy and institutional alternatives to help both parties achieve that goal.This volume describes and analyzes recent trade policy developments in the Middle East and North Africa. Contributorsalmost all economists from the regionreview recent trends in trade performance, assess current trade and investment regimes, and discuss some of the emerging microeconomic policy challenges that confront governments and firms seeking to export and trade. Topics addressed include the need and scope for using regional integration and economic free zones as a tool of development, mobilization of non-trade tax bases, efficient enforcement of product standards to ensure health and safety of citizens, and implementation of modern information technologies to facilitate customs clearance.This book is the second in a series from the Mediterranean Development Forum, a partnership of 10 Middle East and North Africa Region think tanks and the World Bank Institute. This volume will be of interest to development specialists, policymakers, and investors.
From Privilege To Competition
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Author : World Bank
language : en
Publisher: World Bank Publications
Release Date : 2009-11-04
From Privilege To Competition written by World Bank and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-04 with Business & Economics categories.
'From Privilege to Competition: Unlocking Private-Led Growth in the Middle East and North Africa' sheds new light on the difficult quest for stronger and more diversified growth in a region of unquestionable potential. It underlines the need to strengthen reforms in many areas specifically, by reducing policy uncertainty and improving credit and real estate markets. It also highlights other important issues that restrain the credibility and impact of reforms in many parts of the region: conflicts of interest between politicians and businesses, an investment climate that favors a few privileged firms, and a dominant private sector that often opposes reforms. The book recommends that countries in the Middle East and North Africa (MENA) engage in more credible reform agendas by improving the implementation of policies in a manner that will reduce discretion and privileges. This renewed commitment to stronger growth would entail several developments. First, governments will need to reduce opportunities for rent-seeking and foster competition. Second, they will need to work to reform institutions: private sector development policies will need to be systematically anchored in elements of institutional and public sector reforms in order to reduce discretion and opacity and improve the quality of services to firms. Third, they will need to mobilize all stakeholders, including larger representations from the private sector, around dedicated long-term growth strategies. Short of such a fundamental shift in the way private sector policies are formulated and implemented, investor expectations that governments are committed to reform will be limited. It will take political will and time to support sustained reforms that credibly convince investors and the public that changes are real, deep, and set to last. MENA countries are endowed with strong human capital, good infrastructure, immense resources, and a great deal of untapped creativity and entrepreneurship. The economic and social payoff of embarking on a more ambitious private-led growth agenda could thus be immense for all.
Trade Policy And Economic Integration In The Middle East And North Africa
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Author : Hassan Hakimian
language : en
Publisher: Psychology Press
Release Date : 2005
Trade Policy And Economic Integration In The Middle East And North Africa written by Hassan Hakimian and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
This important book examines the impact of recent changes in the world economy on trade policy within the MENA region and its economic relations with the rest of the world.
Challenges Of Economic Development In The Middle East And North Africa Region
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Author : Julia Devlin
language : en
Publisher: World Scientific
Release Date : 2010
Challenges Of Economic Development In The Middle East And North Africa Region written by Julia Devlin and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
Ch. 1. Is MENA exceptional? ch. 2. State formation, consolidation, and development, 1960s-1980s -- ch. 3. Toward greater use of markets and the global economy? -- ch. 4. Oil, OPEC, and the challenges of surplus management -- ch. 5. Water scarcity and agricultural policy in the MENA region -- ch. 6. Building a new future : development in the post-conflict context and post-disaster recovery -- ch. 7. Is the MENA region "open" for business? -- ch. 8. Making global integration work for MENA countries -- ch. 9. Are market disciplines sufficient? Industrial policy and technology transfer -- ch. 10. The keys to the future : human capital development in the MENA region -- ch. 11. Are MENA's labor markets the key to growth? -- ch. 12. Closing the poverty gap in MENA -- ch. 13. Development assistance and its effectiveness in MENA countries -- ch. 14. Pathways to future prosperity.
Natural Resource Abundance Growth And Diversification In The Middle East And North Africa
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Author : Ndiame' Diop
language : en
Publisher: World Bank Publications
Release Date : 2012-10-01
Natural Resource Abundance Growth And Diversification In The Middle East And North Africa written by Ndiame' Diop and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-10-01 with Business & Economics categories.
MENA holds more than 60% of oil and nearly 50% of gas reserves, making its economy very vulnerable to price fluctuations. This volume investigates the effect of natural resources and the role of policies on achieving higher and sustained growth through economic diversification.
State Business Alliances And Economic Development
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Author : Işık Özel
language : en
Publisher: Routledge
Release Date : 2014-08-07
State Business Alliances And Economic Development written by Işık Özel and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-07 with Social Science categories.
This book argues that a key dynamic behind economic development in the emerging markets is the coordination between the state and businesses. Exploring the links between institutions, state--business alliances and economic development in the context of tumultuous market transitions since the 1980s, the book tackles the formation and sustainability of coordination-inducing institutions besides their mere existence, and points out the new modalities of coordination in the age of new developmentalism. Based on extensive original research in Turkey and Mexico embedded in a comparative historical analysis, the book shows how state--business alliances have been formed, collapsed and re-formed between the respective states and shifting business actors since the launching of market transitions. It demonstrates how both the state and business actors, and their cohesiveness vs. fragmentation, play crucial roles in the making and sustainability of the institutions, which are central to state--business alliances. It explores the emergence of new actors, the diversification of the organizational landscape, and the evolution of the ways in which the states interact with businesses throughout major economic and political transformations that helped transform the respective states and their interactions with the non-state actors. It draws on the meandering developmental trajectories of Turkey and Mexico from the 1970s to the present and goes on to draw some lessons for institution-building and market reforms in selected countries in North Africa.
Breaking The Barriers To Higher Economic Growth
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Author : Mustapha Kamel Nabli
language : en
Publisher: World Bank Publications
Release Date : 2007-01-01
Breaking The Barriers To Higher Economic Growth written by Mustapha Kamel Nabli and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-01-01 with Business & Economics categories.
The world's attention to the countries of the Middle East and North Africa (MENA) region has often been dominated by headline issues: conflict, sanctions, political turmoil, and rising oil prices. Little of this international attention has considered the broad range of development challenges facing this diverse group of countries. Breaking the Barriers reflects the collected thinking of the World Bank's Office of the Chief Economist for the MENA Region on the long-term development challenges facing the region and the reform priorities and strategies for effectively meeting these challenges. It.
Trade Competitiveness Of The Middle East And North Africa
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Author : Jos R. L pez-C lix
language : en
Publisher: World Bank Publications
Release Date : 2010-07-01
Trade Competitiveness Of The Middle East And North Africa written by Jos R. L pez-C lix and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-07-01 with Political Science categories.
Over the past decade, four major developments in global economic integration have shaped trade policy and the economic performance of countries within the Middle East and North Africa region: the emergence of global supply chains, the growth of trade in services, the rise of China and India as major international trading powers, and regional integration. These developments, along with the labor and natural resource endowments of particular countries (some are resource-poor but labor-abundant, some resource-rich and labor-abundant, and some resource-rich and labor-importing), have influenced export diversification outcomes across the region. Yet these countries may not be taking full advantage of all of the opportunities the four new trends offer to them. 'Trade Competitiveness of the Middle East and North Africa: Policies for Export Diversification' examines the region's trade policy agendas and their results by focusing on the countries' response to these four key developments in international trade. As the region recovers from the global financial and economic crises, the book identifies reforms that could allow countries to further strengthen global production networks, benefit more from trade in services, better compete in external markets to face the rise of China and India, and reach the full potential of regional integration. If thoroughly implemented, especially by oil exporters, all of these reforms could help boost growth and job creation in the region.
Market Dynamics And Productivity In Developing Countries
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Author : Khalid Sekkat
language : en
Publisher: IDRC
Release Date : 2010
Market Dynamics And Productivity In Developing Countries written by Khalid Sekkat and has been published by IDRC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
To what degree are trade liberalization, productivity, and economic growth correlated? Can economic policies designed to encourage competition and curtail industry protection result in large-scale improvements, such as increased innovation and reduced unemployment? After 20 years of economic reform in the Middle East and North Africa (MENA), economic performance is still lagging behind many regions of the world. Even in those countries that are the most advanced in implementing reforms, including Egypt, Jordan, Morocco and Tunisia, industries with low productivity growth and high market power continue to dominate. Moreover, the termination of the Multi-Fiber Agreement and the negotiations concerning further liberalization of trade in agricultural products (under the framework of the World Trade Organization) put these and other countries under pressure of fierce competition from emerging nations. Recent empirical evidence on the impact of reforms in a number of developing countries shows that such persistence of inefficiency and market power is specific to MENA. Showcasing in-depth analyses from Jordan, Morocco, Tunisia, and Turkey (with comparative data from Asia and Latin America), this book focuses on the dynamics of firm entry and exit to help explain the low productivity of the region. The results suggest a number of policy recommendations designed to foster competition, which, in turn, would contribute to innovation, productivity growth, and improved return on capital investments. The book not only reveals important correlations among policy and market factors in MENA, but suggests fruitful areas of research in other developing regions of the world.