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This book summarizes the constraints to and opportunities for deepening economic integration within the MENA region and beyond. Trade and investment reform are discussed together with physical connectivity, cross-border trade facilitation, infrastructure networks, and the vital role of logistics.
Yemen Tax Guide Volume 1 Strategic Information and Basic Regulations
The post-revolutionary economies of MENA - Egypt, Tunisia, Libya and Yemen - have been recovering after a period of growth decelerations in 2011. In Egypt and Tunisia, the growth dips of 2011 were less dramatic than the declines observed during previous transitions. The recovery has been relatively quick but the transition process is far from complete and uncertainty about the political and reform process remains a binding constraint to private investment. Consequently, post-transition growth is below potential and is lower than growth prior to the Arab Spring, with negative consequences for employment and poverty. Events in the post-revolution economies have affected other countries in MENA...
Tajikistan Mineral & Mining Sector Investment and Business Guide - Strategic and Practical Information
2011 Updated Reprint. Updated Annually. Tajikistan Export-Import Trade and Business Directory
Variables that predict capital structure in the United States also predict choices of capital structure in a sample of ten developing countries. In several countries, total indebtedness is negatively related to net fixed assets, suggesting that markets for long- term debt do not function effectively.
This 2001 book explains why African countries have remained mired in a disastrous economic crisis since the late 1970s. It shows that dynamics internal to African state structures largely explain this failure to overcome economic difficulties rather than external pressures on these same structures as is often argued. Far from being prevented from undertaking reforms by societal interest and pressure groups, clientelism within the state elite, ideological factors and low state capacity have resulted in some limited reform, but much prevarication and manipulation of the reform process, by governments which do not really believe that reform will be effective, which often oppose reforms because they would undercut the patronage and rent-seeking practices which undergird political authority, and which lack the administrative and technical capacity to implement much reform. Over time, state decay has increased.
The Middle East is a center of ceaseless global attention. Since 2011, the long awaited and much celebrated Arab Spring uprisings portended a major shift in the politics of the Arab World. Notably, a number of Arab states witnessed institutional and constitutional shifts that put them on the path of transition to liberalization and democracy. Nevertheless, the Arab Spring followed a violent and unpredictable course. Although its events marked a break in the continuity of authoritarian dominance, most of its changes have not ultimately proved to be turning points in democratic development. The Arab Spring phenomenon witnessed a set of uprisings and even would-be-revolutions, but no great revo...