The tragic events of September 11 and the subsequent war in Iraq
have focused international attention on a nexus of problems
involving economic underperformance, problematic internal politics,
and the externalization of domestic dissent in the Muslim world.
This book examines the economics of the Middle East, with the aim
of identifying changes to economic policy that could address at
least the economic component of the challenges facing this part of
the globe. The authors analyze the interaction of trade,
productivity growth, and the political difficulties that may ensue
as these countries move towards greater openness. Relevant
comparisons are drawn from the experience of the transition
economies and India on potentially successful policies and those
likely to exacerbate existing problems.
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