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The Arab economies in a changing world [electronic resource] / Marcus Noland and Howard Pack.

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Format:
Book
Author/Creator:
Noland, Marcus, 1959-
Contributor:
Pack, Howard.
Peterson Institute for International Economics.
Language:
English
Subjects (All):
Globalization.
Arab countries--Economic conditions.
Arab countries.
Arab countries--Economic policy.
Arab countries--Politics and government.
Arab countries--History.
Arab countries--Social conditions.
Physical Description:
1 online resource (396 p.)
Edition:
2nd ed.
Place of Publication:
Washington, D.C. : Peterson Institute for International Economics, 2011.
Language Note:
English
Summary:
"Compared to other regions of the world, the Middle East was once unique in its combination of authoritarianism and stultifying stability: No longer. Beginning in Tunisia, a wave of political upheaval has rolled across the region, reaching Egypt, Bahrain, Libya, and other countries caught between rising expectations and their antediluvian political systems, abetted by pan-Arab news channels and social networking media. 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. This new second edition contains a new introduction from Mohamed A. El-Erian and a new postscript"--Provided by publisher.
Contents:
Introduction
Growth, productivity, and income
Welfare, happiness, and discontent
The demographic challenge and the role of globalization
Religion, institutions, and growth
Economic policies and their effects
Attitudes, interest groups, and reform
Global engagement
Risk, credibility, and supply response
Authoritarianism, uncertainty, and prospects for change
Conclusion.
Notes:
"November 2011."
Includes bibliographical references and index.
ISBN:
0-88132-638-0
OCLC:
772920897

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