Arab Economies In The Twenty First Century

This book examines the relationship between demographic growth and economic development in eight Arab countries. Despite a slowdown in demographic growth, as a result of the change in the age structure of the population, the labor force is increasing rapidly. In other parts of the world, similar developments have enhanced economic growth. In the Arab world, however, many of the opportunities presented by demographic transition are being lost, resulting in serious threats to the political stability of the region. The main reason for this is that the region has missed out on industrialization. The book goes beyond conventional analysis to ask two closely related questions. The first is, why were governments so slow in tackling stability? The second is, why has the response been similar in apparently different economies? Answers are provided using new literature in economics and economic history.

Localities, countries, and regions develop through complex interactions with others. This striking volume highlights global interconnectedness seen through the prism of the Middle East, both “global-in” and “global-out.” It delves into the region’s scientific, artistic, economic, political, religious, and intellectual formations and traces how they have taken shape through a dynamic set of encounters and exchanges. Written in short and accessible essays by prominent experts on the region, Global Middle East covers topics including God, Rumi, food, film, fashion, music, sports, science, and the flow of people, goods, and ideas. The text explores social and political movements from human rights, Salafism, and cosmopolitanism to radicalism and revolutions. Using the insights of global studies, students will glean new perspectives about the region.

With its emphasis on the primacy of change, this study arrives at a particularly auspicious moment, as the Middle East continues to be convulsed by the greatest upheavals in generations, which have come to be known as the Arab Spring. Originally prepared as the tenth-anniversary volume of the UNDP's Arab Human Development Report, Arab Human Development in the Twenty-first Century places empowerment at the center of human development in the Arab world, viewing it not only from the vantage point of a more equitable distribution of economic resources but also of fundamental legal, educational, and political reform. The ten chapters in this book follow closely this political economy framework. They look back at what Arab countries have achieved since the early 2000s and forward to what remains to be done to reach full development. Supported by a wealth of statistical material, they cover the rule of law, the evolution of media, the persistence of corruption, the draining of resources through armed conflict, the dominance and increase of poverty, the environment, and religious education. The concluding chapter attempts an inventory of the world literature and different experiences on democratic transition to explore where the region could be heading. This critical and timely study is indispensable reading to development specialists and to Middle East scholars and students alike, as well as to anyone with an interest in the future trajectory of the region.

This text offers an examination of the economic history of the principal Arab countries, Turkey and Israel since 1918. Using the state as its major economic analysis, it charts the growth of national income and issues of welfare and distribution over two periods, 1918-1945 and 1945-1990. Important trends are explored, including the patterns of colonial economic management, import substitution, the impact of the 1970s oil boom, and the current process of liberalization and structural adjustment

This book seeks to explain the political and religious factors leading to the economic reversal of fortunes between Europe and the Middle East.

A multi-faceted account of Egyptian economic development by nineteen internationally recognized authorities and the critical challenges the economy is likely to face in the next twenty years The Egyptian Economy in the Twenty-first Century addresses the question of why Egypt, despite possessing a plethora of assets—such as a fertile agriculture, a strategic geographic location, oil and gas deposits, innumerable tourist sites, a labor force prized by regional countries, and a diaspora that remits large amounts of funds—has seldom performed to its economic potential during the last sixty years. Indeed, economic weakness created political weakness, and often exposed the country to foreign diktats. What should the country do to change this state of affairs? Nineteen internationally recognized authorities on the Egyptian economy discuss the critical challenges that the Egyptian economy is likely to face in the next two to three decades, challenges which must be overcome in order to improve the life of Egypt’s citizens and to protect the country from external pressures. Their analyses cover population and employment; development strategies; principal macroeconomic issues; development of a digital economy; fiscal and monetary matters; the external sector; poverty and income distribution; the enterprise structure; higher education; water availability; urbanization; institutional performance; and many others. Contributors: - Gouda Abdel Khalek, Cairo University, Cairo, Egypt - Khaled M. Abu-Zeid, Regional Water Resources, CEDARE (Center for Environment and Development for the Arab Region and Europe), Cairo, Egypt. - Fatma El Ashmawy, World Bank. - Ragui Assaad, University of Minnesota, Twin Cities of Minneapolis and Saint Paul, Minnesota, USA - Izak Atiyas, Economic Research Forum, Cairo, Egypt. - Marwa Biltagy, Cairo University, Cairo, Egypt. - Lahcen Bounader, International Monetary Fund. - Ishac Diwan, École Normale Supérieure, Paris, France. - Ahmed Ghoneim, Cairo University, Cairo, Egypt. - Khalid Ikram, Washington DC, USA. - Karima Korayem, al-Azhar University, Cairo, Egypt. - Heba el-Laithy, Cairo University, Cairo, Egypt. - Noha el-Mikawy, Ford Foundation, Middle East and North Africa, Cairo, Egypt. - Mohamed Mohieddin, Menoufia University, Menoufia, Egypt. - Heba Nassar, Cairo University, Cairo, Egypt. - Osman Mohamed Osman, Cairo, Egypt. - Noha Razek, University of Regina, Regina, Saskatchewan, Canada. - David Sims, Cairo, Egypt. - John Waterbury, Princeton, New Jersey.

With the growing importance of emerging markets the focus of analysts has begun to concentrate on the contribution of Latin America and the Middle East to the global economy, and the relations between these two regions. This has become ever more important with the trend in Latin America to diversify their trade relations and establish closer economic and political ties with other emerging economies, including the Middle East and North African (MENA) countries. The Arab World and Latin America examines the relations between these two regions, highlighting the often-overlooked cultural similarities, as well as exploring the political and economic ties that are being developed. As relations with and between countries in the Global South become ever more important for trade and investment, both politically and economically, this volume offers vital analyses for researchers of international relations as well as the politics and culture of the Middle East and Latin America.

What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.

Indispensable to students and others interested in the history and international relations of Middle Eastern states, this work represents the first volume in English to examine the economic history of the principal Arab countries.

A comprehensive and timely survey of Middle Eastern international relations, Tareq Ismael provides in-depth analysis of the interrelated dimensions of confrontation that have entangled almost every aspect of life in the region, transforming it into a 'penetrated political system'. Essential for readers interested in the Middle East, international relations, politics, history and public policy.