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The report looks at key SME and entrepreneurship policy reforms over the past years since the publication of the SME Policy Index for the MENA region in 2014. It notes the continued efforts by MED economies to develop SMEs and start-ups as means to reduce unemployment, promote economic ...
Middle East and North Africa Investment Policy Perspectives highlights the considerable progress in investment policies made by the region’s governments over the past decade. Yet, the reform momentum needs to be sustained and deepened for the benefits of investment to be shared with society at large and for growth to be sustainable, particularly in the context of the COVID-19 pandemic and resulting global economic upheaval.
This volume presents twelve detailed studies dealing with cases drawn from the Middle East and North Africa in the period before independence (c.1850-1950).
The long-standing informality debate in the Middle East and North Africa (MENA) Region has taken on a new urgency as it looks for a pathway to more socially inclusive growth that is less reliant on fossil fuels. This is occurring against a backdrop of subpar labor market outcomes, further growth setbacks, and deteriorating fiscal and current account deficits in the aftermath of the COVID-19 pandemic--and in the wake of high inflation and supply chain disruptions triggered by the Russian Federation-Ukraine war. 'Informality and Inclusive Growth in the Middle East and North Africa' aims to better understand the characteristics and incentive structure that have led to the prevalence of informal employment in three MENA countries--the Arab Republic of Egypt, Morocco, and Tunisia. The report breaks new ground by adopting a comprehensive perspective to focus on the features of, and interrelationships among, different aspects of these countries' institutional landscapes to make sense of the complex incentive structure that workers and firms face when deciding between formal and informal options. Specifically, the report groups these issues in three broad realms: (1) entrepreneur-worker relations, (2) taxes and transfers, and (3) market conditions. 'This report is an extremely welcome addition to the literature on MENA labor markets. By analyzing the incentive structure and institutional factors that have led to the prevalence of informal employment in Egypt, Morocco, and Tunisia, it points the way to policy actions that can be taken to reduce informality and increase social protection for workers. It is a must-read for anyone who cares about greater economic inclusion in MENA.' --Ragui Assaad, Professor, Hubert H. Humphrey School of Public Affairs, University of Minnesota 'A compelling account of the implications of informality in the workforce and how economies of MENA can design appropriate policy responses. This timely report comes amid multiple social reforms in MENA and is a must-read for policy practitioners and economists in the region.' --Karim El Aynaoui, Executive President, Policy Center for the New South 'This report is particularly timely given the negative impact the COVID-19 pandemic and subsequent crises have had on living standards and poverty rates around the world and especially in MENA countries. While the focus on boosting growth and achieving the Sustainable Development Goals has revolved around financing, the report sheds new light on the benefits that tackling informality through institutional, regulatory, and policy changes could present to achieving these goals.' --Mahmoud Mohieldin, Executive Director, International Monetary Fund
This book discusses the role of political narratives in shaping perceptions of instability and conceptions of order in the Middle East and North Africa (MENA). The authors illustrate how, in times of socio-political turmoil and outbursts of discontent such as the Arab Spring, political entrepreneurs explain and justify their political agendas by complementing hard power solutions with attractive ideas and discursive constructions that appeal to domestic constituencies and geopolitical allies. The book is divided into two parts. The first focuses on non-state actors, such as confessional communities and ideological movements, who aim to develop narratives that are convincing to their respective polities. It also studies regional powers that seek to determine their positions in a competitive environment via distinctive narrations of order. In part two, the authors investigate the narratives of global players that aim to explain and justify their role in an evolving international order.
Small and medium-sized enterprises (SMEs) are a cornerstone of Arab economies, accounting for over 90 percent of all businesses and providing a major source of new job creation. Governments across the Arab World recognize the important role that SMEs can play in delivering higher and more inclusive growth. Many have rightly placed SME development at the center of growth and jobs strategies to meet the needs of young populations. Authorities have initiated policy interventions and schemes to support SME development. But progress so far has been patchy, and more comprehensive policy action is needed. Fostering vibrant and competitive SMEs that contribute to employment opportunities and high value-added output requires various stakeholders to deliver on a broad range of factors. Arab governments need a holistic policy approach that addresses the gaps in access to finance, creates an enabling business environment, and upgrades human capital and infrastructure. The approach should also promote an entrepreneurial mindset.
This Handbook analyzes elections in the Middle East and North Africa and seeks to overcome normative assumptions about the linkage between democracy and elections. Structured around five main themes, contributors provide chapters detailing how their case studies illustrate specific themes within individual country settings. Authors disentangle the various aspects informing elections as a process in the Middle East by taking into account the different contexts where the electoral contest occurs and placing these into a broader comparative context. The findings from this Handbook connect with global electoral developments, empirically demonstrating that there is very little that is “exceptional” about the Middle East and North Africa when it comes to electoral contests. Routledge Handbook on Elections in the Middle East and North Africa is the first book to examine all aspects related to elections in the Middle East and North Africa. Through such comprehensive coverage and systematic analysis, it will be a key resource for students and scholars interested in politics, elections, and democracy in the Middle East and North Africa.
The importance of financial inclusion is increasingly recognized by policymakers around the world. Small and medium-sized enterprise (SME) financial inclusion, in particular, is at the core of the economic diversification and growth challenges many countries are facing. In the Middle East and Central Asia (MENAP and CCA) regions, SMEs represent an important share of firms, but the regions lag most others in terms of SME access to financing.