Aid and Power in the Arab World: IMF and World Bank Policy-Based Lending in the Middle East and North Africa

by J. Harrigan, H. El-Said

Overview

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.

Product Details

ISBN-13:	9780230211964
Publisher:	Palgrave Macmillan UK
Publication date:	02/25/2009
Edition description:	2009
Pages:	224
Product dimensions:	5.60(w) x 8.60(h) x 0.80(d)

About the Author

JANE HARRIGAN is Professor of Economics and Head of the Economics Department at the School of Oriental and African Studies (SOAS), University of London, UK. She has studied at Oxford and Cambridge Universities and at Harvard and was previously a Senior Lecturer at Manchester University, UK. She is co-author of the two-volume book Aid and Power: The World Bank and Policy-Based Lending (with Paul Mosley and John Toye) and author of From Dictatorship to Democracy: Economic Policy in Malawi 1964-2000. She has written extensively on World Bank and IMF programmes in developing countries with a focus on both sub Saharan Africa and the Middle East and North Africa. She also works on issues concerning aid, agricultural policy and food security in sub-Saharan Africa.

HAMED EL-SAID is a Reader in the Political Economy of the Middle East & North Africa (MENA) at the Manchester Metropolitan University Business School. He was as a member of the Royal Scientific Society, then research arm of the office of His Royal Highness Prince Hassan bin Talal. He published intensively on MENA and is the co-editor of Management and International Business Issues in Jordan: The Potential of an Arab Singapore? (with Kip Becker). He is currently on secondment to the UN Interregional Crime and Justice Research Institute (UNICRI), where he works as an Associate Expert on Radicalisation and Extremism.

Table of Contents

Globalization, International Finance and Economic Reform in the Arab World The Economic and Political Determinants of IMF and World Bank Lending in the Middle East and North Africa Egypt's Successful Stabilization without Structural Reform The IMF and World Bank in Jordan: A Case of Over Optimism and Elusive Growth The Political Economy of IMF and World Bank Interventions: Is Tunisia really a model Student? Economic Reform in Morocco: Stabilization versus Adjustment Conclusion and Synthesis: What can be Learnt from Our Four Country Studies?