Money In The Middle East And North Africa

Money In The Middle East And North Africa Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Money In The Middle East And North Africa book. This book definitely worth reading, it is an incredibly well-written.

Money in the Middle East and North Africa

David Cobham,Ghassan Dibeh
Money in the Middle East and North Africa Book PDF

Author : David Cobham,Ghassan Dibeh
Publisher : Routledge
Page : 295 pages
File Size : 49,7 Mb
Release : 2010-12-07
Category : Business & Economics
ISBN : 9781136864162

Get Book

Money in the Middle East and North Africa by David Cobham,Ghassan Dibeh Pdf

Monetary policy in the Middle East and North African (MENA) countries remains an understudied area; this book fills an important gap by examining monetary policy frameworks and monetary policy strategies in the region. Building on the editors’ earlier book, Monetary Policy and Central Banking in the Middle East and North Africa, which focused on central bank independence issues and on exchange rate regimes, this book emphasises monetary policy strategies. Part I contains an overview of the financial markets and institutions which condition the choice of monetary policy strategy in the countries of the region, followed by single-country studies on aspects of the monetary policy frameworks of Lebanon, Egypt, Jordan, the Palestinian Territory and Turkey. Part II includes analyses of the prospects for inflation targeting in Egypt, Morocco and Tunisia, of the monetary transmission mechanism in the Gulf Cooperation Council countries, of the relative advantages of inflation targeting and exchange rate fixity with reference to Egypt, of the problem of fiscal dominance in Egypt, and of the inflationary implications of exchange rate fixity for Saudi Arabia and Kuwait. The contributors are experts from universities inside and outside the MENA region, from central banks in the region and from outside institutions such as the European Central Bank and the International Monetary Fund.

Currency Convertibility in the Middle East and North Africa

Mr.Saleh M. Nsouli,Mr.Manuel Guitián
Currency Convertibility in the Middle East and North Africa Book PDF

Author : Mr.Saleh M. Nsouli,Mr.Manuel Guitián
Publisher : International Monetary Fund
Page : 204 pages
File Size : 42,9 Mb
Release : 1996-11-05
Category : Business & Economics
ISBN : 1557755647

Get Book

Currency Convertibility in the Middle East and North Africa by Mr.Saleh M. Nsouli,Mr.Manuel Guitián Pdf

Currency convertibility is a far-reaching instrument to facilitate integration into the global economy. With it a country can gain the benefits of increased freedom in capital movements and of fostering trade and financial linkages worldwide. A seminar sponsored by the Arab Monetary Fund and the IMF, held in Marrakesh, Morocco, discussed the theoretical and empirical aspects of currency convertibility in the Arab countries. The volume, edited by Manuel Guitián and Saleh M. Nsouli, reproduces the papers presented at the seminar.

Subsidy Reform in the Middle East and North Africa

Mr.Carlo A Sdralevich,MissRanda Sab,Mr.Younes Zouhar,Ms.Giorgia Albertin
Subsidy Reform in the Middle East and North Africa Book PDF

Author : Mr.Carlo A Sdralevich,MissRanda Sab,Mr.Younes Zouhar,Ms.Giorgia Albertin
Publisher : International Monetary Fund
Page : 130 pages
File Size : 50,7 Mb
Release : 2014-07-09
Category : Business & Economics
ISBN : 9781498350433

Get Book

Subsidy Reform in the Middle East and North Africa by Mr.Carlo A Sdralevich,MissRanda Sab,Mr.Younes Zouhar,Ms.Giorgia Albertin Pdf

In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms.

Monetary Issues in the Middle East and North Africa Region

Mr.Simon T Gray,Mr.Philippe D Karam
Monetary Issues in the Middle East and North Africa Region Book PDF

Author : Mr.Simon T Gray,Mr.Philippe D Karam
Publisher : International Monetary Fund
Page : 176 pages
File Size : 51,5 Mb
Release : 2013-05-15
Category : Business & Economics
ISBN : 9781475590562

Get Book

Monetary Issues in the Middle East and North Africa Region by Mr.Simon T Gray,Mr.Philippe D Karam Pdf

This paper documents the main themes covered in two seminars (December 2011 and September 2012) on monetary policy and implementation at the IMF—Middle East Center for Economics and Finance, and includes country case studies. Against the backdrop of the global financial crisis and swings in cross-border capital flows, operational frameworks have become more flexible, and liquidity management has impacted the relationship between the policy rate corridor and market rates. The balance sheet structure of central banks in the Middle East and North Africa (MENA) shows differences between oil exporters and others, while a few countries have exhibited notable changes since early 2011. Collateral now has a significant financial stability function. Although only one MENA country is part of the G20, implementation of the Basel III bank capital adequacy and liquidity rules will most likely impact banks’ way of doing business in MENA countries, even if indirectly.

Financial Development and Growth in the Middle East and North Africa

Ms.Susan Creane,Mr.Ahmed Mushfiq Mobarak,MissRanda Sab,Rishi Goyal
Financial Development and Growth in the Middle East and North Africa Book PDF

Author : Ms.Susan Creane,Mr.Ahmed Mushfiq Mobarak,MissRanda Sab,Rishi Goyal
Publisher : International Monetary Fund
Page : 28 pages
File Size : 46,8 Mb
Release : 2003-09-05
Category : Business & Economics
ISBN : 1589062310

Get Book

Financial Development and Growth in the Middle East and North Africa by Ms.Susan Creane,Mr.Ahmed Mushfiq Mobarak,MissRanda Sab,Rishi Goyal Pdf

In this study, the authors assess financial sector development in the MENA regionand propose several policy measures, which include reinforcing the institutional environment and promoting nonbank financial sector development, to enhance this sector’s performance.

Choosing Exchange Regimes in the Middle East and North Africa

International Monetary Fund
Choosing Exchange Regimes in the Middle East and North Africa Book PDF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 32 pages
File Size : 49,5 Mb
Release : 2003-09-05
Category : Business & Economics
ISBN : 1589062302

Get Book

Choosing Exchange Regimes in the Middle East and North Africa by International Monetary Fund Pdf

This paper reviews the exchange regimes of five emerging market countries in the Middle East and North Africa region-Egypt, Jordan, Lebanon, Morocco, and Tunisia-and one oil-exporting country-Iran-to see whether they need to consider adopting more flexible arrangements as they further open their economies to trade and capital flows.

An Economic History of the Middle East and North Africa

Charles Issawi
An Economic History of the Middle East and North Africa Book PDF

Author : Charles Issawi
Publisher : Taylor & Francis
Page : 336 pages
File Size : 55,9 Mb
Release : 2005-11-03
Category : Business & Economics
ISBN : 0415379989

Get Book

An Economic History of the Middle East and North Africa by Charles Issawi Pdf

First Published in 2005. Routledge is an imprint of Taylor & Francis, an informa company.

Public Financial Management Reform in the Middle East and North Africa

Robert P. Beschel
Public Financial Management Reform in the Middle East and North Africa Book PDF

Author : Robert P. Beschel
Publisher : Unknown
Page : 224 pages
File Size : 50,9 Mb
Release : 2012
Category : Finance, Public
ISBN : 6613581879

Get Book

Public Financial Management Reform in the Middle East and North Africa by Robert P. Beschel Pdf

One of the most important functions governments perform is that of mobilizing and deploying financial resources to achieve their objectives. According to the most recent World Bank data, governments throughout the Middle East and North Africa (MENA) region spent approximately 407 billion dollars in 2007 in delivering their policy, regulatory and service functions. The way in which this money is spent has huge implications for their broader development trajectory. For governments to perform their spending function well, their PFM practices should meet certain well-established criteria. Governm.

The Economics of the Middle East and North Africa (MENA)

Joseph Pelzman
The Economics of the Middle East and North Africa MENA Book PDF

Author : Joseph Pelzman
Publisher : World Scientific Publishing Company
Page : 290 pages
File Size : 42,6 Mb
Release : 2012-06-26
Category : Business & Economics
ISBN : 9789813108028

Get Book

The Economics of the Middle East and North Africa (MENA) by Joseph Pelzman Pdf

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, United Arab 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 evolved in 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 can be 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 realities of the region and compares them across the MENA economies: Technology gap and comparative developmentThe value of education and human capital developmentWater and food securityThe economics and politics of oilPopulation growth, role of gender, and labor mobilityThe role of the state as economic actorThe economic value of democracyThe prospects for regional integration

Commodity Prices and Inflation in the Middle East, North Africa, and Central Asia

International Monetary Fund
Commodity Prices and Inflation in the Middle East North Africa and Central Asia Book PDF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 35 pages
File Size : 46,7 Mb
Release : 2010-06-01
Category : Business & Economics
ISBN : 9781455201181

Get Book

Commodity Prices and Inflation in the Middle East, North Africa, and Central Asia by International Monetary Fund Pdf

Inflation followed a strikingly uniform pattern in all countries of the Middle East, North Africa, and Central Asia during the period 1996-2009, falling until about 2000 and then rising. International fuel prices do not help explain this pattern. This conclusion is robust even when different cross sections of countries are tested or when different regression variables are included. The pattern of inflation is explained mainly by past inflation, the strength of the US dollar, US inflation, and—depending on the subset of countries analyzed—monetary and exchange rate policies and nonfuel commodity prices.

Fiscal Determinants of Inflation

Domenico Fanizza,Ludvig Söderling
Fiscal Determinants of Inflation Book PDF

Author : Domenico Fanizza,Ludvig Söderling
Publisher : International Monetary Fund
Page : 22 pages
File Size : 55,7 Mb
Release : 2006-10
Category : Business & Economics
ISBN : UCSD:31822036087831

Get Book

Fiscal Determinants of Inflation by Domenico Fanizza,Ludvig Söderling Pdf

"Many countries in the Middle East and North Africa (MENA) region have recently experienced surges in money growth that apparently have not generated significant inflationary pressures. Moreover, several MENA countries have followed monetary policy rules that according to standard monetary theory should have produced macroeconomic instability and possibly hyperinflation. We argue that the Fiscal Theory of the Price Level could usefully provide insights on these developments. Our main conclusion is that a sound fiscal position constititutes a necessary condition for macroeconomic stability whereas "sound" monetary policy is neither sufficient nor necessary. Hence, fiscal policy and public debt deserve particular attention for maintaining macroeconomic stability, by and large consistent with Fund policy advice to MENA countries."

Prospects for Middle Eastern and North African Economies

Nemat Shafik
Prospects for Middle Eastern and North African Economies Book PDF

Author : Nemat Shafik
Publisher : Springer
Page : 334 pages
File Size : 44,7 Mb
Release : 2016-07-27
Category : Business & Economics
ISBN : 9781349261376

Get Book

Prospects for Middle Eastern and North African Economies by Nemat Shafik Pdf

Economic prospects for the countries of the Middle East and North Africa are assessed in light of the changing world economy, increasing integration of trade and financial markets, greater needs for educated labour, and growing concerns about poverty and environmental degradation. Cross-country papers on thematic topics by international scholars are presented. The need for major economic reforms is emphasized if the region is to use greater integration in the world economy as the basis for generating growth and jobs and reducing poverty.

Monetary Policy and Central Banking in the Middle East and North Africa

David Cobham,Ghassan Dibeh
Monetary Policy and Central Banking in the Middle East and North Africa Book PDF

Author : David Cobham,Ghassan Dibeh
Publisher : Routledge
Page : 287 pages
File Size : 47,9 Mb
Release : 2009-01-13
Category : Business & Economics
ISBN : 9781134023769

Get Book

Monetary Policy and Central Banking in the Middle East and North Africa by David Cobham,Ghassan Dibeh Pdf

This book examines monetary policy, central banking and exchange rate regimes in the Middle East and North Africa. Part I covers central banking and monetary policy, while Part II covers monetary policy and exchange rate regimes. Some chapters focus on the monetary frameworks of particular countries, including Lebanon, Algeria, Syria, Tunisia, Morocco, and Turkey, outlining the different systems operated in each case, considering their successes and failures, and discussing important issues such as government policy, macroeconomic performance, inflation and inflation targeting, central bank independence and the impact of broader political economic developments on the conduct of monetary policy. Other chapters cover thematic issues across the whole region, including: central bank independence, operations of debtor central banks, the effect of exchange rates on inflation, and the effect on countries’ trade of alternative exchange rate regimes. Drawing on the insights of scholars and policy-makers, this book is a vital resource for anyone wanting to understand the economies of the Middle East and North Africa.

Aid and Power in the Arab World

J. Harrigan,H. El-Said
Aid and Power in the Arab World Book PDF

Author : J. Harrigan,H. El-Said
Publisher : Springer
Page : 224 pages
File Size : 48,7 Mb
Release : 2009-02-25
Category : Political Science
ISBN : 9781137001597

Get Book

Aid and Power in the Arab World by J. Harrigan,H. El-Said Pdf

This book looks at the provision of finance in the Middle East and North Africa (MENA) by the IMF and World Bank in return for economic liberalization, exploring the political motivations of funding and geo-politics in recipients. The effectiveness of funding is questioned, with evidence from four MENA countries.

The Upside of Digital for the Middle East and North Africa

Ana Paula Cusolito,Clément Gévaudan,Daniel Lederman,Christina Wood
The Upside of Digital for the Middle East and North Africa Book PDF

Author : Ana Paula Cusolito,Clément Gévaudan,Daniel Lederman,Christina Wood
Publisher : World Bank Publications
Page : 183 pages
File Size : 43,5 Mb
Release : 2022-05-02
Category : Business & Economics
ISBN : 9781464816642

Get Book

The Upside of Digital for the Middle East and North Africa by Ana Paula Cusolito,Clément Gévaudan,Daniel Lederman,Christina Wood Pdf

The argument that digitalization fosters economic activity has been strengthened by the global COVID-19 pandemic. Because digital technologies are general-purpose technologies that are usable across a wide variety of economic activities, the gains from achieving universal coverage of digital services are likely to be large and shared throughout each economy. However, the Middle East and North Africa region suffers from a “digital paradox†?: the region’s population uses social media more than expected for its level of gross domestic product (GDP) per capita but uses the internet or other digital tools to make payments less than expected. The Upside of Digital for the Middle East and North Africa: How Digital Technology Adoption Can Accelerate Growth and Create Jobs presents evidence that the socioeconomic gains of digitalizing the economies of the region are huge: GDP per capita could rise by more than 40 percent; manufacturing revenue per unit of factors of production could increase by 37 percent; employment in manufacturing could rise by 7 percent; tourist arrivals could rise by 70 percent, creating jobs in the hospitality sector; long-term unemployment rates could fall to negligible levels; and female labor force participation could double to more than 40 percent. To reap these gains, universal access to digital services is crucial, as is their widespread use for economic purposes. The book explores how fast the region could approach universal coverage, whether targeting the rollout of digital infrastructure services makes a difference, and what is needed to increase the use of digital payment tools. The authors find that targeting underserved populations and areas can accelerate the achievement of universal access, while fostering competition and improving the functioning of financial and telecommunications sectors can encourage the adoption of digital technologies. In addition, building societal trust in the government and in related institutions such as banks and financial services is critical for fostering the increased use of digital payment tools.