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Natural Resources, Volatility, and Inclusive Growth
  • Language: en
  • Pages: 49

Natural Resources, Volatility, and Inclusive Growth

This paper takes stock of the economic performance of resource rich countries in the Middle East and North Africa (MENA) over the past forty years. While those countries have maintained high levels of income per capita, they have performed poorly when going beyond the assessment based on standard income level measures. Resource rich countries in MENA have experienced relatively low and non inclusive economic growth as well as high levels of macroeconomic volatility. Important improvements in health and education have taken place but the quality of the provision of public goods and services remains an important source of concerns. Looking forward we argue that the success of economic reforms in MENA rests on the ability of those countries to invest boldly in building inclusive institutions as well as high levels of human capacity in public administrations.

Breaking the Barriers to Higher Economic Growth
  • Language: en
  • Pages: 500

Breaking the Barriers to Higher Economic Growth

The world's attention to the countries of the Middle East and North Africa (MENA) region has often been dominated by headline issues: conflict, sanctions, political turmoil, and rising oil prices. Little of this international attention has considered the broad range of development challenges facing this diverse group of countries. Breaking the Barriers reflects the collected thinking of the World Bank's Office of the Chief Economist for the MENA Region on the long-term development challenges facing the region and the reform priorities and strategies for effectively meeting these challenges. It.

Commodity Price Volatility and Inclusive Growth in Low-Income Countries
  • Language: en
  • Pages: 408

Commodity Price Volatility and Inclusive Growth in Low-Income Countries

In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth. However, many are now facing enormous difficulties because of rapidly rising food and fuel prices, with the threat of millions of people being pushed into poverty around the globe. The risk of continued food price volatility is a systemic challenge, and a failure in one country has been shown to have a profound impact on entire regions. This volume addresses the challenges of commodity price volatility for low-income countries and explores some macroeconomic policy options for responding to commodity price shocks. The book then looks at inclusive growth policies to address inequality in commodity-exporting countries, particularly natural resource rich countries. Perspectives from the Middle East and North Africa, sub-Saharan Africa, emerging Asia, and Mexico are presented and, finally, the role of the international donor community is examined. This volume is a must read for policymakers everywhere, from those in advanced, donor countries to those in countries with the poorest and most vulnerable populations.

Tunisia's Global Integration
  • Language: en
  • Pages: 156

Tunisia's Global Integration

Tunisia's past integration policies have significantly increased FDI flows in the manufacturing sector, triggering a rise of textiles and clothing and mechanical and electrical components exports through participation to EU production networks and increasing productivity, growth, and job creation. In spite of these results, important challenges remain. FDI increases are not accompanied by a rapid increase in domestic investment. The business climate of the domestic market-oriented sector can be further improved. Trade integration largely has bypassed non-tourism service sectors and the structural transformation of the service sector is slow. This study: (i) examines the key integration chall...

Challenges of Growth and Globalization in the Middle East and North Africa
  • Language: en
  • Pages: 44

Challenges of Growth and Globalization in the Middle East and North Africa

The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.

The Great Recession and Developing Countries
  • Language: en
  • Pages: 666

The Great Recession and Developing Countries

The book provides one of the most detailed and comprehensive reviews of the growth experience of a group of low and middle income countries before and during the global crisis. It then explores their growth prospects after the recovery and how they may be shaped by the new global economic environment.

Development Policy Implications of Age-structural Transitions in Arab Countries
  • Language: en
  • Pages: 124

Development Policy Implications of Age-structural Transitions in Arab Countries

  • Type: Book
  • -
  • Published: 2014
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  • Publisher: UN

This report shows that the Arab countries are currently undergoing profound age-structural transitions which will have significant implications for their development. It argues that countries can best manage and benefit from the consequences of the age structural transitions taking place across the Arab region by adopting a life course approach in analysis and policy. However, social and economic policies in the Arab countries have not succeeded in integrating this approach. This report therefore suggests reforms across social and economic policy areas, including labour market and social protection reforms, and suggests how the post-2015 UN Development Agenda can integrate a life course perspective. It brings a new urgency to the debate, arguing that transformational change is needed to integrate the needs and potentials of the different age groups in the Arab countries.

Trade Liberalization and Tax Reform in the Southern Mediterranean Region
  • Language: en
  • Pages: 34

Trade Liberalization and Tax Reform in the Southern Mediterranean Region

The European Union’s Association Agreements with several countries in the Southern Mediterranean Region (SMR) aim to promote deeper economic integration between the SMR and the EU by establishing a free trade area in twelve years. Because a large share of the SMR countries’ total imports comes from the EU, the removal of import tariffs could reduce budgetary revenue by the equivalent of 1 percent to 4 percent of individual countries’ GDP. This paper proposes tax and tariff reforms that would help generate the needed compensatory revenue and, more important in the long run, reduce the distortionary effects of the tax and tariff systems and underpin higher rates of sustainable growth.

収書目錄・
  • Language: en
  • Pages: 2160

収書目錄・

  • Type: Book
  • -
  • Published: 1990
  • -
  • Publisher: Unknown

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Exchange Rates, Money and Output
  • Language: en
  • Pages: 245

Exchange Rates, Money and Output

  • Type: Book
  • -
  • Published: 1984-12-12
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  • Publisher: Springer

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