Our purpose in this paper is to establish stylized facts of the Turkish macroeconomic adjustment using data from 1999 to date. We adopt a tradition al a-priori definition of business cycles as cyclical co-movements of economic variables such a public, private and construction investments, trade...

The role of education, technological diffusion and trade is investigated for 11 MENA countries for 1980-1992, using panel data techniques. Technological diffusion is measured by R&D activities in each country?s major trading partners and that country?s import propensity from each partner....

This paper develops a model of government policy toward industrial control and regulation that sheds light on the determinants of differential country experiences in terms of organizational arrangement and enterprise performance. In contrast to the model developed by Shleifer and Vishny (1994...

The main objective of this study is to analyze and test the patterns and determinants of inter-governorate migration flows in Egypt by direction of move. Four directional moves of internal migration have been distinguished and employed in the study. Data analysis shows that the highest migration...

In countries with underdeveloped financial markets, interest rate restrictions, depreciating currency and high rates of inflation, the store of value function of domestic money is disabled. Consequently, foreign money becomes the only alternative liquid form of financial wealth. Contradicting...

Using consumption/expenditure based poverty lines, the 1995/6 estimated poverty measures indicate an overall headcount index of 22.9 percent, which is slightly higher in rural areas. The paper shows that in Egypt, poverty is highly growth elastic, and thus poverty reduction will improve with...

Poverty analysis in Tunisia so far depends heavily upon the choice of poverty lines. In this paper we propose to adopt an approach based on the determination of regional basic needs in order to estimte the differential between urban and rural lines. In order to get stable results we also propose...

he Middle East and North Africa (MENA) region has lagged behind other regions in liberalization and economic reform during the past two decades. In this paper I argue that while socio-political and institutional factors may help explain the differences in the pace of economic reform between the...

In this paper, we simulate the impact of removing all tariffs on imports under both competitive and Cournot oligopoly market structures with and without barriers to entry and exit.

The purpose of the paper is to study how globalization has affected the trade regime, industrial and labor market policies in Turkey. The paper concentrates on three aspects related to globalization: changes in trade regime, changes in industrial policies and issues related to labor markets. The...