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Arab Economies in the Twenty-First Century
Cambridge University Press, 2/9/2009
EAN 9780521895002, ISBN10: 0521895006
Hardcover, 328 pages, 23.1 x 15.5 x 2.3 cm
Language: English
Originally published in English
This book examines the relationship between demographic growth and economic development in eight Arab countries. Despite a slowdown in demographic growth, as a result of the change in the age structure of the population, the labour force is increasing rapidly. In other parts of the world, similar developments have enhanced economic growth. In the Arab world, however, many of the opportunities presented by demographic transition are being lost, resulting in serious threats to the political stability of the region. The main reason for this is that the region has missed out on industrialization. The book goes beyond conventional analysis to ask two closely related questions. The first is, why were governments so slow in tackling stability? The second is, why has the response been similar in apparently different economies? Answers are provided using new literature in economics and economic history.
1. Introduction
2. Demography and economics
3. The constraints of history
4. Comparative economics
the Arab world, East Asia and South America
5. Egypt
the submerged giant?
6. Iraq
after destruction
7. Jordan
from rents to market?
8. Morocco
reforms that did not cure
9. Palestine
the making and unmaking of a state
10. Saudi Arabia
oil wealth and unemployment
11. Syria
lost potential
12. Tunisia
unhappy leader
13. Conclusions
the Arab equilibrium.