This book looks at the provision of finance in the Middle East and North Africa (MENA) by the IMF and World Bank in return for economic liberalization, exploring the political motivations of funding and geo-politics in recipients. The effectiveness of funding is questioned, with evidence from...

The path towards Arab and Euro-Mediterranean integration is challenging for all countries involved but the potential long term benefits are substantial. Multilateral trade initiatives which run parallel to "open" regional integration with the European Union and among Arab states can generate...

NATO’s 2023 summit in Vilnius was dominated by Russia’s war against Ukraine. The summit in Washington, D.C., in July 2024 will be influenced by an additional major conflict in NATO’s neighbourhood: the war in Gaza and the related heightened tensions in the Middle East. These have also...

Sustaining a high rate of economic growth is the major policy issue facing the Arab economies. A detailed analysis of growth, investment, and savings for the period 1971-96, including through a growth accounting exercise, shows that increasing long-run growth requires improvements in both...