This book offers new perspectives on the economic development of the Middle East and North Africa region. Offering both theoretical studies and empirical country studies, it examines micro- and macroeconomic issues and provides deep insights into the development challenges and prospects of...

1. Introduction -- 2. Quality of institutions and the macro-return to education: The case of Middle East and North Africa (MENA) -- 3. Short and Long Run Causality Between Remittances and Economic Growth in MENA Countries: A Panel ARDL Approach -- 4.Asymmetric impact of oil price shocks on...

Nordhaus (2008) has developed a testing strategy for what he calls "Baumol's diseases", by which name he designates a number of by-products of structural change that are unwanted from an economic policy perspective. He finds that the U.S. economy is strongly affected by the "diseases". This...