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Migration and Social Upheaval as the Face of Globalization in Central Asia
Since the start of the 1990s, Central Asia has been the main purveyor of migrants in the post-Soviet space. These massive migrations due to social upheavals over the last twenty years impact issues of governance; patterns of social adaptation; individual and collective identities; and gender relations in Central Asia. This volume raises the importance of internal migrations, those at a regional, intra-Central Asian, level, labor migrations to Russia, and carries us as far away to the Uzbek migrants based in Istanbul, New York, or Seoul, as well as to the young women of Tashkent who head to Germany or France, and to the Germans, Greeks, and Jews of Central Asia who have returned to their “ethnic homelands”. Contributors include Aida Aaly Alimbaeva, Stéphanie Belouin, Adeline Braux, Asel Dolotkeldieva, Olivier Ferrando, Sophie Hohmann, Nafisa Khusenova, Erica Marat, Sophie Massot, Saodat Olimova, Sébastien Peyrouse, Luisa Piart, Madeleine Reeves, Elena Sadovskaya.
Trade Multilateralism in the Twenty-First Century
The book explores the impact of recent WTO accession experiences on the development of the multilateral trading system.
The Economics of International Security
The objective of this book is to present an integrated set of original papers from leading authorities in the field related to optimal balance between arms reduction and regional and international security. The emphasis is on economics and management rather than politics and diplomacy.
Building Integrated Economies in West Africa
The West African Economic and Monetary Union (WAEMU) has a long and varied history, and this book examines how the WAEMU can achieve its development and stability objectives, improve the livelihood of its people, and enhance the inclusiveness of its economic growth, all while preserving its financial stability, enhancing its competitiveness, and maintaining its current fixed exchange rates.
Senegal
This Selected Issues paper on Senegal revisits the challenges of emergence by tapping on the experience of other countries across the world that became emerging economies in the past two decades. It then looks at the preconditions needed for growth acceleration in Senegal. The paper also discusses options for strengthening Senegal’s fiscal framework to support Plan Sénégal Emergent (PSE) implementation while keeping risks of debt distress low. It provides an assessment of Senegal’s external stability and explores how to improve the structure of the Senegalese economy to make it more competitive with more diversified exports. The paper describes the electricity problem as a major impediment to growth acceleration. Improved revenue performance and expenditure composition are critical for creating the fiscal space to support the PSE. There is an opportunity cost for development spending, as the economy still faces bottlenecks from high electricity costs and insufficient electricity production. The share of the population living below the poverty line and its exposure to shock remains unacceptably high.
Regional Economic Outlook, October 2009, Sub-Saharan Africa
Sub-Saharan Africa has been hit hard by the global recession, but signs of resilience remain. While South Africa and some other middle-income countries were caught in the turbulence of international financial markets, and oil exporters saw government revenues plunge, some countries with wider commodity bases have so far escaped the worst of the crisis. Also, and reassuringly, with stronger initial fiscal and external positions than in past downturns, most countries in the region have been able to partially absorb external shocks by allowing fiscal deficits to rise and reducing interest rates. Exchange rates have generally been allowed to adjust. With many families affected by the crisis, however, progress toward the Millennium Development Goals has receded. Looking ahead, fiscal policy must balance support for the recovery with enhancing future growth prospects, debt sustainability, and poverty reduction. Published biannually in May and October.
2011 Review of Conditionality - Overview Paper
The review generally yields positive findings on conditionality and design in Fund-supported programs. Programs in the review period internalized lessons from the past, for example with program design incorporating the lessons of the Asian crisis, and the approach to conditionality being modified to take into account the recommendations made in the 2007 report on structural conditionality by the Fund’s Independent Evaluation Office (IEO). (Box 1 also summarizes recommendations from the previous Review of Conditionality and follow-up.) These findings hold for the substantial majority of programs supported under both the Fund’s General Resources Account and the Poverty Reduction and Growth Trust (hereafter GRA programs and PRGT programs, respectively)
WTO Accessions and Trade Multilateralism
An examination of how WTO accession negotiations have expanded the reach of the multilateral trading system both geographically and conceptually.
Financial Systems and Labor Markets in the Gulf Cooperation Council Countries
This volume comprises two separate papers on key structural aspects of the reform process in the Gulf Cooperation Council countries. The first paper addresses issues related to financial intermediation and reform in the context of the evolving economic environment in the GCC countries. The second discusses the labor market challenges and policy issues in the GCC countries and their implications for the Middle East and North Africa (MENA) region.
