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Economics Of The Middle East And North Africa (Mena), The (Hardcover, Second Edition)
Loot Price: R2,637
Discovery Miles 26 370
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Economics Of The Middle East And North Africa (Mena), The (Hardcover, Second Edition)
Expected to ship within 9 - 17 working days
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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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