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Part I of this report discusses the short- and medium-term growth prospects for countries in the Middle East and North Africa (MENA). The region is expected to grow at a subdued rate of 0.6 percent in 2019, rising to 2.6 percent in 2020 and 2.9 percent in 2021. The growth forecast for 2019 is revised down by 0.8 percentage points from the April 2019 projection. MENA’s economic outlook is subject to substantial downside risks—most notably, intensified global economic headwinds and rising geopolitical tensions. Part II argues that promoting fair competition is key for MENA countries to complete the transition from an administered to a market economy. Part II first examines current competition policies in MENA countries and to promote fair competition calls for strengthening competition law and enforcement agencies. It also calls for corporatizing state-owned enterprises, promoting the private sector and creating a level-playing field between them. Any moves to reform MENA economies would be aided by professional management of public assets, which could tap into a new source of national wealth.
This book explores the challenge posed by the immersion of 15 million Muslims in Western democracies and the few, but volatile, terrorists present within the larger body of believers. The fact that immersion in Western culture is insufficient to stem the tide of extremism is discussed, along with the factors that contribute to the growth of radical Islam, such as the presence of charismatic, authoritarian leadership, educational options that downplay critical thinking, and colonialism. Hope that radical Islam can be kept to a minimum in Western societies is provided by the Islamic concept of Ijtihad, through which Muslims reinterpret their own religion. Just as mainstream Mormons have dispensed with polygamy and Christians with witch-hunting, Muslims in Western societies have the potential to minimize the growth of radicalism. Instructors considering this book for use in a course may request an examination copy here.
Overconfident: How Economic and Health Fault Lines Left the Middle East and North Africa Ill-Prepared to Face COVID This report examines the region’s economic prospects in 2021, forecasting that the recovery will be both tenuous and uneven as per capita GDP level stays below pre-pandemic levels. COVID-19 was a stress-test for the region’s public health systems, which were already overwhelmed even before the pandemic. Indeed, a decade of lackluster economic reforms left a legacy of large public sectors and high public debt that effectively crowded out investments in social services such as public health. This edition points out that the region’s health systems were not only ill-prepared for the pandemic, but suffered from over-confidence, as authorities painted an overly optimistic picture in self-assessments of health system preparedness. Going forward, governments must improve data transparency for public health and undertake reforms to remedy historical underinvestment in public health systems.
The MENA region is facing important vulnerabilities, which the current crises—first the pandemic, then the war in Ukraine—have exacerbated. Prices of food and energy are higher, hurting the most vulnerable, and rising interest rates from the global tightening of monetary policy are making debt service more burdensome. Part I explores some of the resulting vulnerabilities for MENA. MENA countries are facing diverging paths for future growth. Oil Exporters have seen windfall increases in state revenues from the rise in hydrocarbon prices, while oil importers face heightened stress and risk—from higher import bills, especially for food and energy, and the depreciation of local currencies in some countries. Part II of this report argues that poor governance, and, in particular, the lack of government transparency and accountability, is at the root of the region’s development failings—including low growth, exclusion of the most disadvantaged and women, and overuse of such precious natural resources as land and water.
Alison Pargeter delves into the causes, motivations, and diverse forms of Islamic extremism in Europe. Drawing on original research and interviews conducted with moderates and radicals from across the continent, she shows how the lexicon of the war on terror has succeeded in distorting the complexities and peculiarities of the movement.
Today’s unprecedented growth of data and their ubiquity in our lives are signs that the data revolution is transforming the world. And yet much of the value of data remains untapped. Data collected for one purpose have the potential to generate economic and social value in applications far beyond those originally anticipated. But many barriers stand in the way, ranging from misaligned incentives and incompatible data systems to a fundamental lack of trust. World Development Report 2021: Data for Better Lives explores the tremendous potential of the changing data landscape to improve the lives of poor people, while also acknowledging its potential to open back doors that can harm individual...
Public procurement accounts for around one-fifth of global gross domestic product (GDP). Given its size the public procurement market can improve public sector performance, promote national competitiveness, drive domestic economic growth, and boost economic development. Launched at the request of the G20 Anti-Corruption Working Group, Benchmarking Public Procurement presents actionable indicators to help countries identify and monitor policies and regulations that impact how private sector companies do business with the government in 77 economies. The Benchmarking Public Procurement 2016 report is organized under two parts: the public procurement life cycle and the complaint and reporting mechanisms indicators. Data was gathered using standardized questionnaires distributed to expert contributors in each economy. The project builds on the Doing Business methodology and aims to promote evidence-based decision making by governments and shed light over areas where few empirical data have been presented so far.
Although the West denounces the spread of radical Islam in Saudi Arabia, Pakistan, and elsewhere in the Muslim world, it tends to overlook the development of Islamic extremism in its own societies. Over the past several decades, groups like al-Qaeda have been supported by thousands of citizens of the United States, the United Kingdom, and other Western democracies. Rejecting their national identity, they have heeded international calls to "jihad" and formed extremist groups to fight their own countries. This groundbreaking book represents one of the first systematic attempts to explain why Westerners join radical Islamic groups. Quintan Wiktorowicz details the mechanisms that attract potenti...