The Middle East and North Africa (MENA) is a large, complex, and diverse region, which faces a wide range of economic issues. The MENA group includes Algeria, Bahrain, Cyprus, Djibouti, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, Turkey, UnitedArab Emirates, and Yemen. This book uses analytical tools drawn from the trade, labor, finance, and development literature to critically analyze and compare these countries' economic policies. The approach taken in this book is to focus on the economic policies and institutional arrangements which have evolvedin MENA and which may serve to explain the differences in each country's economic performance. The key objective of the book is to unravel the context-specific variety of growth-promoting policies within MENA rather than focus on specific countries. This book stresses that the poor performance of Arab MENA canbe chiefly explained by their aversion to a Western paradigm of market economics. In the advanced industrial countries and in Israel, “globalization” is largely viewed in economic terms — the free movement of goods, services, labor and capital across borders. In the Arab MENA, however, “globalization” is viewed in largely ideological terms and has been regarded as a new version of imperialism. Consequently, the Arab MENA region remains one of the most un-globalized regions in the world. The book serves as both a textbook and a summary of the very large literature on MENA. It examines the following economic realitiesof the region and compares them across the MENA economies: Technology gap andcomparative development, The value of education and human capital development, Water and food security, The economics and politics of oil, Population growth, role of gender, and labor mobility, The role of the state as economic actor, The economic value of democracy, The prospects for regional integration INDICE: Introduction; Survey of Main Economic Outcomes; Islamic Economics:The Role of Interest-Free Finance in MENA's Development; Investment in Human Capital; Labor Market in MENA; Oil Money and the ‘Dutch Disease’; Science, Technology and Innovation in MENA; International Trade in MENA; Conclusions and Prospects for MENA.
- ISBN: 978-981-4327-51-0
- Editorial: World Scientific
- Encuadernacion: Cartoné
- Páginas: 292
- Fecha Publicación: 26/08/2012
- Nº Volúmenes: 1
- Idioma: Inglés