The Arab Economies in a Changing World

The Arab Economies in a Changing World

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Product Details

ISBN-13: 9780881326284
Publisher: Peterson Institute for International Economics
Publication date: 08/15/2011
Edition description: second edition
Pages: 362
Product dimensions: 6.00(w) x 8.90(h) x 1.00(d)
Age Range: 18 Years

About the Author

Marcus Noland, executive vice president and director of studies, has been associated with the Institute since 1985. From 2009 through 2012, he served as the Institute's deputy director. His research addresses a wide range of topics at the interstice of economics, political science, and international relations. His areas of geographical knowledge and interest include Asia and Africa where he has lived and worked, and the Middle East. In the past he has written extensively on the economies of Japan, Korea, and China, and is unique among American economists in having devoted serious scholarly effort to the problems of North Korea and the prospects for Korean unification. He won the 2000–01 Ohira Memorial Award for his book Avoiding the Apocalypse: The Future of the Two Koreas.

Howard Pack has been a professor of business and public policy and professor of economics at the Wharton School (University of Pennsylvania) since 1986. He has been a professor of management there since 1995 and was the professor of city and regional planning (1986-94). He has also taught at Swarthmore College and Yale University. He has served as a consultant for a host of World Bank projects over the past three decades and has been an adviser to the Bank's Global Development Network since 1999. He is the author or coauthor of Industrial Policy in an Era of Globalization: Lessons from Asia (2003), Productivity, Technology and Industrial Development (Oxford University Press, 1987) and Structural Change and Economic Policy in Israel (Yale University Press, 1971).

Table of Contents

1 Introduction
• 1.1 Introduction
• 1.2 Comparative Perspective
• 1.3 Is There a Crisis?

2 Growth, Productivity, and Welfare
• 2.1 Introduction
• 2.2 Identifying the Comparators
• 2.3 Relative International Performance
• 2.4 Domestic Growth Over Time
• 2.5 Investment and Growth
• 2.6 Sources of Differences in Growth Rates
• 2.7 Welfare

3 Dimensions of the Challenge
• 3.1 What are the Perceived Problems?
• 3.2 Demographic Changes
• 3.3 Employment Generation and Productivity Growth
• 3.4 Financial Market Development
• 3.5 International Trade Performance
• 3.6 Oil Rents, Aid, and Remittances
• 3.7 Conclusions

4 Obstacles to, and Enablers, of Development

• 4.1 Institutions and the Influence of Islam
• 4.2 Evolving Understanding of Development Policy
• 4.3 Policies and their Effects
• 4.4 An Alternate View of the Determin nants of Productivity Growth
• 4.5 Other Factors affecting Productivity growth

5 Policy Levers and Constraints
• 5.1 Internal Constraints to Reform
• 5.2 The External Policy Dimension
• 5.3 The Role of preferential agreements

6 Credibility, Risk, and Supply Response
• 6.1 Domestic entrepreneurship
• 6.2 Reversing the Brain Drain
• 6.3 The Role of Foreign Investment
• 6.4 Affinity, Democracy, and Risk
• 6.5 The Political Economy of Reform
• 6.6 Conclusions

7 Special Development Situations
• 7.1 West Bank-Gaza
• 7.2 Iraq

8 Conclusions

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