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Private Sector Development in the Middle East and North Africa Making Reforms Succeed Moving Forward with the MENA Investment Policy Agenda

Private Sector Development in the Middle East and North Africa Making Reforms Succeed Moving Forward with the MENA Investment Policy Agenda PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264052828
Category :
Languages : en
Pages : 316

Book Description
Highlights key outcomes of the work of the MENA-OECD Investment Programme from 2005-2007, including reforms achieved to date in investment policies and promotion, corporate governance, financial-sector development, and tax policies.

Private Sector Development in the Middle East and North Africa Making Reforms Succeed Moving Forward with the MENA Investment Policy Agenda

Private Sector Development in the Middle East and North Africa Making Reforms Succeed Moving Forward with the MENA Investment Policy Agenda PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264052828
Category :
Languages : en
Pages : 316

Book Description
Highlights key outcomes of the work of the MENA-OECD Investment Programme from 2005-2007, including reforms achieved to date in investment policies and promotion, corporate governance, financial-sector development, and tax policies.

Private Sector Development in the Middle East and North Africa Making Reforms Succeed Moving Forward with the MENA Investment Policy Agenda

Private Sector Development in the Middle East and North Africa Making Reforms Succeed Moving Forward with the MENA Investment Policy Agenda PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9789264044340
Category :
Languages : en
Pages : 316

Book Description
Highlights key outcomes of the work of the MENA-OECD Investment Programme from 2005-2007, including reforms achieved to date in investment policies and promotion, corporate governance, financial-sector development, and tax policies.

From Privilege to Competition

From Privilege to Competition PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 0821378899
Category : Business & Economics
Languages : en
Pages : 276

Book Description
'From Privilege to Competition: Unlocking Private-Led Growth in the Middle East and North Africa' sheds new light on the difficult quest for stronger and more diversified growth in a region of unquestionable potential. It underlines the need to strengthen reforms in many areas specifically, by reducing policy uncertainty and improving credit and real estate markets. It also highlights other important issues that restrain the credibility and impact of reforms in many parts of the region: conflicts of interest between politicians and businesses, an investment climate that favors a few privileged firms, and a dominant private sector that often opposes reforms. The book recommends that countries in the Middle East and North Africa (MENA) engage in more credible reform agendas by improving the implementation of policies in a manner that will reduce discretion and privileges. This renewed commitment to stronger growth would entail several developments. First, governments will need to reduce opportunities for rent-seeking and foster competition. Second, they will need to work to reform institutions: private sector development policies will need to be systematically anchored in elements of institutional and public sector reforms in order to reduce discretion and opacity and improve the quality of services to firms. Third, they will need to mobilize all stakeholders, including larger representations from the private sector, around dedicated long-term growth strategies. Short of such a fundamental shift in the way private sector policies are formulated and implemented, investor expectations that governments are committed to reform will be limited. It will take political will and time to support sustained reforms that credibly convince investors and the public that changes are real, deep, and set to last. MENA countries are endowed with strong human capital, good infrastructure, immense resources, and a great deal of untapped creativity and entrepreneurship. The economic and social payoff of embarking on a more ambitious private-led growth agenda could thus be immense for all.

Private Sector Development in the Middle East and North Africa Supporting Investment Policy and Governance Reforms in Iraq

Private Sector Development in the Middle East and North Africa Supporting Investment Policy and Governance Reforms in Iraq PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264077251
Category :
Languages : en
Pages : 244

Book Description
This publication reviews measures taken to support investment policy and governance reforms in Iraq.

Middle East and North Africa Investment Policy Perspectives

Middle East and North Africa Investment Policy Perspectives PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264473041
Category :
Languages : en
Pages : 240

Book Description
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.

Progress in Public Management in the Middle East and North Africa Case Studies on Policy Reform

Progress in Public Management in the Middle East and North Africa Case Studies on Policy Reform PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9789264082069
Category :
Languages : en
Pages : 260

Book Description
This report offers a perspective on the progress made in public management in the MENA region since 2005.

Challenges of Growth and Globalization in the Middle East and North Africa

Challenges of Growth and Globalization in the Middle East and North Africa PDF Author: Mr.Hamid R Davoodi
Publisher: International Monetary Fund
ISBN: 9781589062290
Category : Business & Economics
Languages : en
Pages : 44

Book Description
The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.

Subsidy Reform in the Middle East and North Africa

Subsidy Reform in the Middle East and North Africa PDF Author: Mr.Carlo A. Sdralevich
Publisher: International Monetary Fund
ISBN: 1498348467
Category : Technology & Engineering
Languages : en
Pages : 130

Book Description
In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms.

Public Sector Reform in the Middle East and North Africa

Public Sector Reform in the Middle East and North Africa PDF Author: Robert P. Beschel
Publisher: Brookings Institution Press
ISBN: 0815736983
Category : Political Science
Languages : en
Pages : 328

Book Description
Critical examinations of efforts to make governments more efficient and responsive Political upheavals and civil wars in the Middle East and North Africa (MENA) have obscured efforts by many countries in the region to reform their public sectors. Unwieldy, unresponsive—and often corrupt—governments across the region have faced new pressure, not least from their publics, to improve the quality of public services and open up their decisionmaking processes. Some of these reform efforts were under way and at least partly successful before the outbreak of the Arab Spring in 2010. Reform efforts have continued in some countries despite the many upheavals since then. This book offers a comprehensive assessment of a wide range of reform efforts in nine countries. In six cases the reforms targeted core systems of government: Jordan's restructuring of cabinet operations, the Palestinian Authority's revision of public financial management, Morocco's voluntary retirement program, human resource management reforms in Lebanon, an e-governance initiative in Dubai, and attempts to improve transparency in Tunisia. Five other reform efforts tackled line departments of government, among them Egypt's attempt to improve tax collection and Saudi Arabia's work to improve service delivery and bill collection. Some of these reform efforts were more successful than others. This book examines both the good and the bad, looking not only at what each reform accomplished but at how it was implemented. The result is a series of useful lessons on how public sector reforms can be adopted in MENA.

Private Sector Job Creation in MENA: Prioritizing the Reform Agenda

Private Sector Job Creation in MENA: Prioritizing the Reform Agenda PDF Author: Mr.Benedicte Baduel
Publisher: International Monetary Fund
ISBN: 1513515799
Category : Business & Economics
Languages : en
Pages : 37

Book Description
This paper examines the extent to which firms in selected MENA countries reported being constrained by the business environment around the time of the Arab Spring and the extent to which these constraints affected their employment performance. The results suggest that small firms in MENA faced more structural constraints than similar firms in other regions. We also find that MENA firms’ weaker job creation can be explained in great part by the macroeconomic environment and structural constraints. Low GDP growth, falling external competitiveness, corruption, lack of access to finance and poor access to electricity are found to explain a significant part of the lack of employment growth in MENA firms compared to their peers.