The Arab Economies in a Changing World

by Noland, Marcus

• ISBN13: 9780881323931
• ISBN10: 0881323934
• Format: Paperback
• Copyright: 2007-04-17
• Publisher: Peterson Inst for Intl Economics

Summary

The tragic events of 9/11 and the subsequent war in Iraq have focused international attention on a nexus of problems involving economic underperformance, problematic internal politics, and externalization of domestic dissent in the Muslim world. This book examines the economics of the Middle East, with the aim of identifying changes to economic policy that could address at least the economic component of the challenges facing this part of the globe. Th e authors analyze the interaction of trade, productivity growth, and the political diffi culties that may ensue as these countries move towards greater openness. Relevant comparisons are drawn from the experience of the transition economies and India on potentially successful policies and those likely to exacerbate existing problems.

Author Biography

Howard Pack has been a professor of business and public policy and professor of economics at the Wharton School, University of Pennsylvania, since 1986.

Table of Contents

Introduction	p. 1
Growth, productivity, and income	p. 19
Welfare, happiness, and discontent	p. 59
The demographic challenge and the role of globalization	p. 85
Religion, institutions, and growth	p. 137
Economic policies and their effects	p. 157
Attitudes, interest groups, and reform	p. 187
Global engagement	p. 209
Risk, credibility, and supply response	p. 237
Authoritarianism, uncertainty, and prospects for change	p. 273
Conclusion	p. 299
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