Economic Transition in the Middle East: Global Challenges and Adjustment Strategies

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The authors draw on economic, political and institutional theory in order to appraise and compare the development models, identify the determinants of sustained growth, apply the new development concepts to the case of MENA countries, and suggest viable options to reduce the political and social constraints to reform.
Four sets of issues are vividly highlighted throughout the book: the issue of integration into the global economy and the speed with which foreign trade should be ...
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Overview

The authors draw on economic, political and institutional theory in order to appraise and compare the development models, identify the determinants of sustained growth, apply the new development concepts to the case of MENA countries, and suggest viable options to reduce the political and social constraints to reform.
Four sets of issues are vividly highlighted throughout the book: the issue of integration into the global economy and the speed with which foreign trade should be liberalized; the issue of divestiture and the merits of following various privatization strategies; the issue of state intervention in the context of liberalization and private sector orientation; and the issue of democratization and the political economy of reform.
Contributors: Fikret Adaman, Nazih Ayubi, Driss Ben Ali, Amar Bhattacharya, Ha-Joon Chang, Byron Gangnes, Giacomo Luciani, Seiji Naya, Jeffrey B. Nugent, John M. Page, Jr., Raed Safadi, Mona Said, Khaled Sakr, Murat Sertel.
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Product Details

  • ISBN-13: 9789774244285
  • Publisher: American University in Cairo Press, The
  • Publication date: 10/1/1997
  • Edition description: 1 ED
  • Pages: 288
  • Product dimensions: 9.00 (w) x 6.00 (h) x 0.60 (d)

Meet the Author

Heba Handoussa is Managing Director of the Economic Research Forum for the Arab Countries, Iran and Turkey, a well established regional think-tank and networking organization. She is a member of Egypt's Shura Council and an advisor to the government of Egypt and to several international development organizations.
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Table of Contents

Preface
1 Adjustment and Beyond: The Middle East in Transition 3
2 Global Challenges and Opportunities Facing MENA Countries at the Dawn of the Twenty-First Century 19
3 Why East Asian Economies Have Been Successful: Some Lessons for Other Developing Countries 43
4 Adjustment, Investment and Growth in the High-Performing Asian Economies 61
5 From Import Substitution to Outward Orientation: Some Institutional and Political Economy Conditions for Reform 89
6 Privatization as a Policy for Development 107
7 Etatisme Versus Privatization: The Changing Economic Role of the State in Nine Arab Countries 125
8 The Changing Economic Role of the State from a Turkish Perspective 167
9 Economic Adjustment and Political Liberalization in Morocco 183
10 Industrial Policy and the Role of the State in Egypt: The Relevance of the East Asian Experience 219
Index 263
Contributors 274
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