Economic Development in the Middle East and North Africa: by Mohamed Sami Ben Ali

By Mohamed Sami Ben Ali

Utilizing instances on person international locations, financial improvement within the heart East and North Africa deals assorted theoretical and empirical facts on various concerns dealing with policymakers, traders, and different stakeholders within the sector.

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Education has also been a priority expenditure item at the household level” (Devlin, 2010). Iran Iran is one of the larger states in the MENA region. There has been a remarkable deterioration in the economic growth performance of Iran since the 1980s because of the Iran-Iraq war. 3). After the Islamic revolution, “a considerable portion of large-scale modern industry and the entire banking and insurance system were nationalized by the government” (Hakimian, 2009). This changed the ownership from the private sector to public sector.

C. Commander, S. , and Nikoloski, Z. (2010). Institutions and Economic Performance: What Can Be Explained? IZA Discussion Papers, No. 5247. Dietsche, E. (2007). ” The Journal of Energy and Development, 32 (2): 262–282. Dixit, A. (2004). Lawlessness and Economics: Alternative Modes of Governance. Princeton, NJ: Princeton University Press. Doing Business. (2014). Understanding regulations for small and mediumsize enterprises. C. , and Kraay, A. (2003). Institutions, trade, and growth. Journal of monetary economics, 50 (1): 133–162.

2 Egypt: Real GDP, real physical capital stock, and human capital per worker. 36 S . Ac i k g oz , M. S . B e n A l i , a n d M . 6% on average. Education has been a priority investment for governments and households. “In the 1960s and 1970s, the majority of investment in education in Egypt was devoted to capital expenditure through rapid expansion of school construction, although this has shifted toward a greater emphasis on teacher salaries, training and curriculum development. Education has also been a priority expenditure item at the household level” (Devlin, 2010).

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