› › Impacts Of Political Instability On Economics In The Mena Region

How Does Political Instability Affect Economic Growth?

Author : Mr.Ari Aisen

Publisher : International Monetary Fund

Page : 30 pages

File Size : 24,53 MB

Release : 2011-01-01

Category : Business & Economics

ISBN : 1455211907

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Book Description

The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.



Challenges of Growth and Globalization in the Middle East and North Africa

Author : Mr.Hamid R Davoodi

Publisher : International Monetary Fund

Page : 44 pages

File Size : 42,94 MB

Release : 2003-09-05

Category : Business & Economics

ISBN : 9781589062290

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Book Description

The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.



Eruptions of Popular Anger

Author : Elena Ianchovichina

Publisher : Mena Development Report

Page : 152 pages

File Size : 50,14 MB

Release : 2018

Category : Business & Economics

ISBN : 9781464811524

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Book Description

The Arab Spring protests caught most of the world by surprise and precipitated a chain of events that changed the course of history in the Middle East and North Africa (MENA), ushering in a period of prolonged political instability and intense civil conflicts. The analysis of the Arab Spring aftermath sheds light on the interplay between economic, behavioral, institutional, and political factors that have influenced the transitions across the region and the risk of civil conflict. The study draws on four main bodies of literature on poverty and inequality, subjective well-being, civil conflict, and macroeconomics as well as on an eclectic mix of quantitative and qualitative methods and data. Given the complex nature of the Arab Spring and its aftermath, the study touches also on areas related to political economy and governance.



The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa

Author : Mr.Bjoern Rother

Publisher : International Monetary Fund

Page : 43 pages

File Size : 45,39 MB

Release : 2016-09-16

Category : Social Science

ISBN : 1475535783

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Book Description

In recent decades, the Middle East and North Africa region (MENA) has experienced more frequent and severe conflicts than in any other region of the world, exacting a devastating human toll. The region now faces unprecedented challenges, including the emergence of violent non-state actors, significant destruction, and a refugee crisis bigger than any since World War II. This paper raises awareness of the economic costs of conflicts on the countries directly involved and on their neighbors. It argues that appropriate macroeconomic policies can help mitigate the impact of conflicts in the short term, and that fostering higher and more inclusive growth can help address some of the root causes of conflicts over the long term. The paper also highlights the crucial role of external partners, including the IMF, in helping MENA countries tackle these challenges.



Impacts of Political Instability on Economics in the MENA Region

Author : Zgheib, Philippe W.

Publisher : IGI Global

Page : 322 pages

File Size : 38,60 MB

Release : 2019-05-15

Category : Business & Economics

ISBN : 1522582487

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Book Description

Political instability can harm economic performance and is likely to shorten policymakers’ horizons, leading to sub-optimal short-term macroeconomic policies. This instability can also lead to a more frequent switch of policies, creating volatility and negatively affecting macroeconomic performance. Impacts of Political Instability on Economics in the MENA Region explores the results of financing challenges and strategies surrounding political unrest that center around the MENA region, as well as opportunities these challenges create for businesses and governments. Featuring research on topics such as debt, macroeconomics, and economic reform, this book is ideally designed for economists, investors, managers, multinational companies, policymakers, government officials, academicians, researchers, and advanced-level students furthering their research exposure to economic instability in the world today.



Economic Impact of Selected Conflicts in the Middle East

Author : MissRanda Sab

Publisher : International Monetary Fund

Page : 32 pages

File Size : 10,28 MB

Release : 2014-06-11

Category : Business & Economics

ISBN : 1498310893

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Book Description

Using narrative-based country-case studies, war episodes in the Middle East were examined to assess their economic impact on conflict and neighboring economies. The paper found that conflicts led to a contraction in growth, higher inflation, large fiscal and current account deficits, loss of reserves, and a weakened financial system. Post-conflict recovery depended on the economic and institutional development of the country, economic structure, duration of the war, international engagement, and prevailing security conditions. The net economic impact on neighboring countries varied according to their initial economic conditions, number and income level of refugees they hosted, economic integration, and external assistance.



The Dynamic Effect of Social and Political Instability on Output

Author : Mr.Lorenzo E. Bernal-Verdugo

Publisher : International Monetary Fund

Page : 41 pages

File Size : 41,30 MB

Release : 2013-04-23

Category : Business & Economics

ISBN : 1484339266

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Book Description

The aim of this paper is to analyze the dynamic effect of social and political instability on output. Using a panel of up to 183 countries from 1980 to 2010, the results of the paper suggest that social conflicts have a significant and negative impact on output in the short-term with the magnitude of the effect being a function of the intensity of political instability. The results also show that the recovery of output over the medium-term depends on the ability of the country to implement, in the aftermath of a social instability episode, reforms aimed at improving the level of governance. The results are robust to different checks and estimation strategies.



Regional Trade and Development Strategies in the Era of Globalization

Author : Prabhakar, Akhilesh Chandra

Publisher : IGI Global

Page : 305 pages

File Size : 30,52 MB

Release : 2019-12-27

Category : Business & Economics

ISBN : 1799817326

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Book Description

Despite three decades of continuous globalization, transitional economies in many countries remain marginalized. In order to maximize the positive growth of employment creation opportunities in various sectors, including agriculture, existing patterns of long-run sustainable equilibrium relationships, technology transfers, and trade to promote export-led economic growth must be examined and identified. Regional Trade and Development Strategies in the Era of Globalization provides a comprehensive overview of globalization and regional initiative trends of trade and development through the examination of theoretical and practical experiences of their underpinning principles through approaches to overcome the obstacles of globalization and its positive and negative impacts on global trade and economic development. The content within this publication examines economic integration, foreign investment, and financial risk. It is designed for trade specialists, government officials, students, researchers, policymakers, business professionals, academicians, and economists.



Rulers, Religion, and Riches

Author : Jared Rubin

Publisher : Cambridge University Press

Page : 297 pages

File Size : 41,13 MB

Release : 2017-02-16

Category : Business & Economics

ISBN : 110703681X

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Book Description

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



Subsidy Reform in the Middle East and North Africa

Author : Mr.Carlo A Sdralevich

Publisher : International Monetary Fund

Page : 130 pages

File Size : 20,14 MB

Release : 2014-07-09

Category : Business & Economics

ISBN : 1498350437

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Book Description

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.