The Arab Economies in a Changing World
The tragic events of September 11 and the subsequent war in Iraq have focused international attention on a nexus of problems involving economic underperformance, problematic internal politics, and the externalization of domestic dissent in the Muslim world. This book examines the economics of the Middle East, with the aim of identifying changes to economic policy that could address at least the economic component of the challenges facing this part of the globe. The authors analyze the interaction of trade, productivity growth, and the political difficulties that may ensue as these countries move towards greater openness. Relevant comparisons are drawn from the experience of the transition economies and India on potentially successful policies and those likely to exacerbate existing problems.
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Africa Algeria Arab countries Arab economies Asian attitudes authoritarian Bahrain Botswana capita income chapter China correlated coun cultural decline democracy East Asia economic performance effect Egypt Egyptian employment entrepreneurs Europe European example exports Figure firms foreign free trade agreement Global Competitiveness Report globalization greater growth rate Gulf human capital impact important improved increase India Indonesia industrial inflows institutions investment investors Iraq Islamic Islamist issues Jordan Korea and Taiwan Kuwait labor force Lebanon liberalization measures MENA ment Middle East Middle Eastern Moroccan Morocco Muslim Nigeria Noland Normally endowed OECD oil prices Pakistan Palestinian Authority percent political population potential preferential productivity Qatar reform regimes region relatively risk sample Saudi Arabia scores sector share social Source South Korea survey Syria Taiwan tariff TFP growth tion Tunisia United Arab Emirates variables World Bank World Development Indicators Yemen
Page xiii - Eichengreen Kristin Forbes Jeffrey A. Frankel Daniel Gros Stephan Haggard David D. Hale Gordon H. Hanson Takatoshi Ito John Jackson Peter B. Kenen Anne O. Krueger Paul R. Krugman Roger M. Kubarych Jessica T. Mathews Rachel McCulloch Thierry de Montbrial Sylvia Ostry Tommaso Padoa-Schioppa Raghuram Raj an Dani Rodrik Kenneth S.