Economics Of The Middle East And North Africa (Mena), The

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A01=Joseph Pelzman
Arab Middle East
Author_Joseph Pelzman
Category=KCBM
Category=KCL
Category=KCM
Category=KCP
Economic Development
Economics and Arab Spring
Economics of Corruption
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Financial Markets in MENA
Gender Bias in Arab MENA
Human Capital and Economic Growth
Inequality of Opportunity in MENA
Intergenerational Mobility of Wealth
Israel in MENA
Labor Market Imperfections
MENA
Middle East
Natural Borders within MENA and Intra- and Extra -MENA Region Trade
Natural Resource Curse in MENA
North Africa
State Industrialization
Technology Gap within MENA

Product details

  • ISBN 9789813203976
  • Publication Date: 09 Jan 2019
  • Publisher: World Scientific Publishing Co Pte Ltd
  • Publication City/Country: SG
  • Product Form: Hardback
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The Middle East and North Africa (MENA) is a large, complex, and diverse region, which faces a wide range of economic issues. The MENA group includes Algeria, Bahrain, Cyprus, Djibouti, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, Turkey, United Arab Emirates, and Yemen.The purpose of this book is not to provide a country-by-country study, but rather to deal with general economic themes found in Arab MENA and Israel, such as problems associated with growth and structural change; the role of State-intervention in country-specific local markets; labor market imperfections driven by gender bias; technology gaps and endogenous growth; capital market development in a restricted financial model based on religious constraints; savings and investment behaviour in a model of state subsidization and intervention designed to control local development; and the role of the state in constraining private sector activity. Data sources used in this second edition include country-specific data, the World Bank, the United Nations, the International Monetary Fund and the Organisation for Economic Co-operation and Development.The new material in this second edition includes a discussion of the impending and inevitable leadership changes which will occur throughout Arab MENA over the next decades. The evidence to support this evaluation is based on the current lack of transparent markets; the lack of inclusive macro policies, the impact of distortionary micro economic policies across all sectors; and the impact of anti-globalization and xenophobia on innovation. Old chapters are revised with updated data, a discussion of the role of the "State" and "Oligarchies" in the economies of most of the MENA countries, an in-depth exploration of the investment in human capital and growth and an identification of the most important binding constraints to economic development in Arab MENA and Israel.This book serves as both a textbook and a summary of the very large literature on MENA. It examines the economic realities of the region and compares them across the MENA economies. It should be stressed that this book is not about the latest political debate on who did what to whom in the Middle East or in North Africa. The focus is on economics, not political economics.

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