After the 2001 crisis, Turkey continued to pursue a radical market-oriented reform strategy that followed the philosophy of the Washington Consensus. By the early 2000s the government had already liberalised the capital account, privatised many banks and enterprises, and kick-started the...

Introduction: Arab Development via the Channels of War and Oil / A. Kadri. - PART I: POLITICAL ECONOMY. - 1. Egypt: Failed Emergence, Conniving Capitalism, Fall of the Muslim Brothers, A Possible Popular Alternative / Samir Amin. - 2. The Failure of Arab Macro Policy / Fadle Naqib. - 3. The...

Four years after the start of the Arab Spring uprisings, the macroeconomic situation in the EU’s Southern Neighbourhood remains weak and vulnerable and the recent intensification of civil strife and military conflicts is exacerbating this economic malaise. Macroeconomic performance may not...

The global crisis has taken its toll on the EU’s prime position in international trade. While the EU still has the largest relative market shares, its position has deteriorated since the crisis, much more so than the US, and its comparative advantage in knowledge-intensive goods has been...