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Explaining growth in the Middle East [electronic resource] / edited by Jeffrey B. Nugent, M. Hashem Pesaran.

Contributor(s): Nugent, Jeffrey B | Pesaran, M. Hashem, 1946-Material type: TextTextSeries: Contributions to economic analysis ; v. 278.Publication details: Amsterdam ; Boston, [Mass.] : Elsevier, 2006Edition: 1st edDescription: 1 online resource (xx, 430 p.) : illISBN: 9781849508612 (electronic bk.) :Subject(s): Business & Economics -- International -- Economics | Business & Economics -- Development -- Economic Development | International economics | Middle East | Middle East -- Economic conditions -- 1979- | Africa, North -- Economic conditions | Middle East -- Economic policy | Africa, North -- Economic policyAdditional physical formats: No titleDDC classification: 338.956 LOC classification: HC415.15 | .E975 2006Online resources: Click here to access online
Contents:
Introduction : explaining growth in the Middle East / M. Hashem Pesaran -- Financial development and economic growth in the MENA countries / Magda Kandil -- Labor markets and economic growth in the MENA region / Marie Ange Veganzones-Varoudakis -- Microeconomics of growth in MENA : the role of households / Djavad Salehi-Isfahani -- Sources of economic growth and technical progress in Egypt : an aggregate perspective / Tarek Abdelfattah Moursi -- Sources of growth and the output gap for the Turkish economy / Cagri Sarikaya -- Economic growth and economic policy in Iran : 1950-2003 / Ahmad R. Jalali-Naini -- The political economy of development policy in Tunisia / Sonia Naccache -- Determinants of growth in the MENA countries / Imed Limam -- Algerias macroeconomic performances from 1962 to 2000 / Moataz Mostafa El-Said -- Explaining growth in an oil-dependent economy : the case of the United Arab Emirates / Annas H. Hamed -- Institutions, household decisions, and economic growth in Egypt / Ragui Assaad -- A reexamination of the political economy of growth in the MENA countries / Hadi Salehi Esfahani.
Summary: This book is about the Middle East and North Africa (MENA) region. This region is generally perceived as having experienced the most disappointing growth performance over the last couple of decades of any region in the world with the possible exception of Sub-Sahara Africa. Despite the regions immense endowment of natural resources, its per capita income is often viewed as having stagnated. At the same time, most economies of the region have been characterized by extremely high volatility, a condition only partly attributable to the fluctuating price of oil. MENA region has not been as comprehensively covered as other regions of the world (i.e., Latin America, East Asia, South Asia and Sub-Sahara Africa). The prominence of the MENA region in the global energy markets and the world political system makes this a necessary read. The topics of interest are wide ranging and diverse, ranging from dictatorships, civil wars, terrorism and water shortages, to more economic problems arising from volatile oil prices, barriers to trade and foreign investment, dominance of public enterprises, and low skill work forces.
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HC415.15 .E975 2006 (Browse shelf(Opens below)) Link to resource Available
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Includes index.

Includes bibliographical references.

Introduction : explaining growth in the Middle East / M. Hashem Pesaran -- Financial development and economic growth in the MENA countries / Magda Kandil -- Labor markets and economic growth in the MENA region / Marie Ange Veganzones-Varoudakis -- Microeconomics of growth in MENA : the role of households / Djavad Salehi-Isfahani -- Sources of economic growth and technical progress in Egypt : an aggregate perspective / Tarek Abdelfattah Moursi -- Sources of growth and the output gap for the Turkish economy / Cagri Sarikaya -- Economic growth and economic policy in Iran : 1950-2003 / Ahmad R. Jalali-Naini -- The political economy of development policy in Tunisia / Sonia Naccache -- Determinants of growth in the MENA countries / Imed Limam -- Algerias macroeconomic performances from 1962 to 2000 / Moataz Mostafa El-Said -- Explaining growth in an oil-dependent economy : the case of the United Arab Emirates / Annas H. Hamed -- Institutions, household decisions, and economic growth in Egypt / Ragui Assaad -- A reexamination of the political economy of growth in the MENA countries / Hadi Salehi Esfahani.

This book is about the Middle East and North Africa (MENA) region. This region is generally perceived as having experienced the most disappointing growth performance over the last couple of decades of any region in the world with the possible exception of Sub-Sahara Africa. Despite the regions immense endowment of natural resources, its per capita income is often viewed as having stagnated. At the same time, most economies of the region have been characterized by extremely high volatility, a condition only partly attributable to the fluctuating price of oil. MENA region has not been as comprehensively covered as other regions of the world (i.e., Latin America, East Asia, South Asia and Sub-Sahara Africa). The prominence of the MENA region in the global energy markets and the world political system makes this a necessary read. The topics of interest are wide ranging and diverse, ranging from dictatorships, civil wars, terrorism and water shortages, to more economic problems arising from volatile oil prices, barriers to trade and foreign investment, dominance of public enterprises, and low skill work forces.

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