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040			_aUOWD
082	0	0	_a330.956 PE EC
100	1		_aPelzman, Joseph _934607
245	1	4	_aThe economics of the Middle East and North Africa (MENA) _cJoseph Pelzman
250			_a2nd ed.
260			_aNew Jersey : _bWorld Scientific, _c2018.
300			_axxiv, 509 p. : _bill. ; _c24 cm.
504			_aIncludes bibliographical references and index.
505	0		_aSurvey of economic outcomes - Role of oligarchies and the state -- Islamic versus Jewish economics -- Investment in human capital -- Labor markets in MENA -- The authoritarian bargain -- Oil money and the 'Dutch disease' in MENA -- Science, technology and innovation in MENA -- International trade in MENA -- Crony capitalism, inequality and poverty in MENA -- The monetary and fiscal economic policies and the "Arab Spring"; -- The economics of corruption and the "Arab Spring" -- Prospects for MENA - muddling or progressing?
520			_aThe Middle East and North Africa (MENA) is a large, complex, and diverse region, which faces a wide range of economic issues. The purpose of this book is not to provide a country-by-country study but rather to deal with general themes found in Arab MENA and Israel, such as problems associated with growth and structural change; the role of State-intervention and the development of oligarchies in country-specific local markets; labor market imperfections driven by gender bias; technology gaps and endogenous growth; capital market development in a restricted financial model based on religious constraints; savings and investment behavior in a model of state subsidization and intervention designed to control local development; and the role of the state in inducing bottom-up corruption. This approach helps us to raise general questions about the growth experience of the region as a whole and at the same time focus on key sector issues, such as the relevance of Islamic banking to capital formation and the role for international trade and investment. Data sources used in the volume include country-specific data, World Bank, UN, IMF and OECD. The new chapters added in this 2nd edition include three broad explanations of the Arab Spring. First, the lack of transparent markets; second, the impact of distortionary economic policies; and third, the impact of corruption. Old chapters are revised with updated data, a discussion of the role of the "State" and "Oligarchies" in the economies of all the MENA countries, an in-depth exploration of the investment in human capital and growth and an identification of the most important binding constraints to economic development in the Arab MENA and Israel.
650			_aMiddle East _xEconomic conditions _934637
650			_aMiddle East _xEconomic policy _934638
650			_aAfrica, North _xEconomic conditions _934639
650			_aAfrica, North _xEconomic policy _934640
856			_uhttps://uowd.box.com/s/0ir0ubwal24hklzdjezt3nvqivsmtlf5 _zLocation Map
942			_2ddc _cREGULAR