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Domestic revenue mobilization has been a longstanding challenge for countries in the Middle East and Central Asia. Insufficient revenue has often constrained priority social and infrastructure spending, reducing countries’ ability to reach the Sustainable Development Goals, improve growth prospects, and address climate related challenges. Moreover, revenue shortfalls have often been compensated by large and sustained debt accumulation, raising vulnerabilities in some countries, and limiting fiscal space to address future shocks. The COVID-19 pandemic and the war in Ukraine have compounded challenges to sustainable public finances, underscoring the need for revenue mobilization efforts. The...
The EU’s fiscal framework needs reform. While existing fiscal rules have had some impact in constraining deficits, they did not prevent deficits and debt ratios that have threatened the stability of the monetary union in the past and that continue to create vulnerabilities today. The framework also has a poor track record at managing trade-offs between containing fiscal risks and stabilizing output. Finally, the framework does not provide sufficient tools for EU-wide stabilization. This was most visible during the decade following the euro area sovereign debt crisis, when structurally low real interest rates stretched the policy tools of the European Central Bank (ECB), leading to a persis...
Program implementation has been satisfactory. Macroeconomic stability has been maintained, external debt has been stabilized, and several reforms have been launched to modernize economic institutions and the policy framework. Growth is expected to accelerate this year to 31⁄2 percent, supported by FDI and public investment. While the outlook is positive owing to sustained growth in non-extractive sectors, the international environment is less favorable than during the first review. Higher oil import prices and lower commodity export prices weigh on the external and fiscal positions; the economy remains dependent on commodity exports; and debt vulnerabilities and poverty remain high. Downside risks related to global economic developments and regional security are elevated. On the upside, development of the offshore gas field could generate large revenues from 2022 despite short-term costs.
Bringing together different strands of research on Middle Eastern diasporas, the Routledge Handbook on Middle Eastern Diasporas sheds light on diverse approaches to investigating diaspora groups in different national contexts. Asking how diasporans forge connections and means of belonging, the analyses provided turn the reader’s gaze to the multiple forms of belonging to both peoples and places. Rather than seeing diasporans as marginalised groups of people longing to return to a homeland, analyses in this volume demonstrate that Middle East diasporans, like other diasporas and citizens alike, are people who respond to major social change and transformations. Those we count as Middle Easte...
The Routledge Handbook of Urban Logistics offers a state-of-the-art, comprehensive overview of the discipline of urban and city logistics. The COVID-19 pandemic and the rise in internet shopping in particular have placed new demands on urban logistics which require innovative technological and policy responses. Similarly, the necessity for sustainable urban logistics offers both a challenge and opportunity for development and seeks to address traffic congestion, local air quality, traffic-related degradation, the use of energy, safety aspects and noise. Featuring contributions from world-leading, international scholars, the chapters examine concepts, issues and ideas across five topic areas ...
This book examines the processes of transition from authoritarian rule in Tunisia and Egypt between 2011 and 2014, arguing that differences between the two countries can be explained by the conduct of their respective political parties. Drawing on a new conceptualization of political parties’ agency that considers their unique nature as intermediate and intermediary institutions, the book allows for the identification of those factors driving political parties’ choices in processes of transition. Moreover, thanks to the employment of quantitative text analysis on the electoral manifestos of the parties involved, this work presents new data for the study of party systems in Tunisia and Eg...
Tunisian women have received significant attention for their active participation in preserving and extending women’s rights since 2011. However, their activism and latest achievements should be considered not a recent phenomenon but rather part and parcel of a distinctive local history that has included women as agents of change. This book examines Tunisian women’s lived experiences, as individuals and as a group, within a sociohistorical framework that uncovers the enduring feminine footprint over centuries and eventually underpins and defines their most recent fight for gender equality in postrevolutionary Tunisia. The historic and current presentation of Tunisian women’s public and civic engagement distinguishes between different types of women’s objectives in order to examine women’s activism holistically as it evolved in the local context. The Tunisian Women’s Rights Movement will be of interest to students and scholars of Tunisia, North African, and Middle East Studies and gender in the Arab world.
This 2020 Article IV Consultation with Kuwait highlights that non-oil growth strengthened to estimated 3 percent in 2019, propelled by government and consumer spending. The challenge to reduce dependence on oil and boost savings has become more urgent. The subdued forecast for oil revenues is weighing on near-term growth and fiscal and external balances. Embedding fiscal measures in a comprehensive reform package that promotes private sector growth, strengthens governance and accountability, and improves public services would help build broad support for reforms. A rules-based fiscal framework would improve management of oil revenues. A rule-based framework would help anchor fiscal policy on...
No attempt to define the Mediterranean as a region can overlook the multiplicity of political, religious and social forces at work along its shores. Responding to changes in the global and regional environment these forces have interacted in complex ways, as evidenced by their impact on the social, cultural, and political life of the states comprised between the covers of this collaborative volume. The peculiarity of the Mediterranean, as has been noted time and again, lies in its geographical position as a “sea in the middle of the land”, where different religions and cultures vie for recognition and self-expression. In the wake of the popular uprisings that have inflamed the region, be...
This book offers a comparative, theory-grounded study of Maghrebi political parties since the Arab uprisings, specifically focused on Tunisia and Morocco in the first decade after the 2011 watershed elections. Based on primary sources, including in-depth interviews and updated party statutes and bylaws, the author introduces four case studies of key Islamist and anti-Islamist parties, exploring their organisational standing, internal working, and legitimating assets. By dwelling into a topic long neglected, the author provides insight into the "hybrid" nature of political parties in the Maghreb, oscillating between juxtaposed traditional and modern discourses and ambivalent sources of politi...