Reviving Arab reform : development challenges and opportunities / Islam Abdelbary.

Format:

Book

Author/Creator:

Abdelbary, Islam, author.

Language:

English

Subjects (All):

Economic history.

Arab countries--Economic conditions--21st century.

Arab countries.

Physical Description:

1 online resource (219 pages) : illustrations

Edition:

1st ed.

Place of Publication:

Bingley, England : Emerald Publishing Limited, [2021]

Summary:

Reviving Arab Reformseeks to understand the key factors that have inhibited a reliable reform programme in the Middle East following the 2010s Arab Spring riots and unrest. It also provides suggestions for policymakers on how to design, execute, and assess an effective reform program suitable for Arab circumstances.

Contents:

Intro

Half Title Page

Title Page

Copyright Page

Contents

List of Figures

List of Tables

List of Abbreviations

About the Author

Preface

Foreword

Acknowledgements

Chapter 1: Introduction

Background and Rationale

Purpose of the Book

Structure of the Book

Chapter 2: The Theoretical Basis*

Introduction

What is Development?

Is It Development or Growth?

A Brief Review of Modern Economic Development Theories

Neoclassical Theory

New Growth Theory (Endogenous Growth Theory)

New Institutional Economics (NIE) Theory

Underpinning Theory of the Research

The Theoretical Model of the Research

Looking Back and Ahead

Chapter 3: Methodology

The Research Approach

The Empirical Model

Scope of the Study

Characteristics of the Data

Sources of Data

Missing Data

Estimation Approaches and Econometric Techniques

Chapter 4: Insight of Arab Economics: A Reforming Outlook

Deep Insight of Economic Growth in the Arab Region

The Economic Growth Pattern in the Whole Region

The Economic Growth Pattern in the Sub-Arab Groups

The Characteristics of the Arab Economic Growth

The Evolution of Arab Reform

Appendices

Appendix 4.1. Arab Potential and Actual GDP with Output Gap (1995-2018).

Appendix 4.2. GDP Per Capita Growth for Sub-Arab Groups.

Appendix 4.3. Growth Rates of GDP Components in the Arab Region.

Chapter 5: Economic Stabilisation and Arab Reform

Macroeconomic Stability Indicators

Prices and Inflation

Unemployment

Exchange Rates

Public Finance Indicators

External Stability Indicators (E)

International Trade and Current Account (CA) Balance

Debt Relief

International Reserves

Looking Back and Ahead.

Chapter 6: Business and Structural Reform

Aggregate Structural Reform Indicator

Foreign Direct Investment

Financial Liberalisation

Economy Diversification Structure

Chapter 7: Social Aspects of Arab Reform

Poverty and Inequality

Human Capital

Health Sector Reform

Education Sector Reform

Research and Innovation

Physical Infrastructure

Basic Infrastructure Facilities (Drinking water, Sanitation, Electricity)

Information and Communication Technology (ICT)

Chapter 8: Institutions and Political Aspects of Arab Reform

Governance and Institutions in ACs

Democracy (Governance Input)

Voice and Accountability

Political Stability

Public Administration Capacity (Governance Process)

Government Effectiveness (GE)

Regulatory Quality (RQ)

The State of Law (Governance Output)

Rule of Law

Control of Corruption

Chapter 9: Winners and Losers of Arab Reforms

The Impact of Reform on the Arab World

The Failure to Provide Inclusive Reforms

1. Oil Dependence 'Resource Curse'

2. Macroeconomic Fragility

3. Vulnerable Institutions

4. Political Conflict and Civil Wars

Chapter 10: The Impact of Reform Programmes on Economic Growth: An Econometric Analysis

Testing Heterogeneity of Panel Data

Panel Estimated Results

Estimated Panel Data Models for Advanced Economies

Estimated Panel Data Models for Developing Countries

Estimated Panel Data Models for All ACs

Discussion of Panel Estimated Results

State Variable

Macroeconomic instability

External Stability

Structural Reform

Governance

Appendices.

Appendix 10.1. The Heterogeneity of Panel Data Models

Appendix 10.2.The Relationship between Economic Growth and Public Health Expenditure Among Advanced Economies and Developing Countries

Appendix 10.3. The Relationship between Economic Growth and Sanitation in Advanced Economies

Chapter 11: Towards an Inclusive Development Framework for Arab Reform

Moving Forward to an Inclusive Framework of the Reform

Phase 1: Political and Institutional Reform

Phase 2: Economic Reform

Phase 3: Social Reform

Other Influential Factors

Concluding Remarks

References

Index.

Notes:

Includes bibliographical references and index.

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

1-83982-318-6

OCLC:

1237406137