The main objective of this study is to measure and analyze one of the major components of economic performance, namely capacity utilization, in Bahrain (one of the six Gulf Cooperation Council, GCC, countries) economy over the time period 1984-1999. Exploiting recent developments in dual cost...

This paper investigates the nature of FDI flows into the economy of the Kingdom of Saudi Arabia (KSA), its impacts and the various determinants, which govern its levels and performances. The paper discusses FDI in the KSA with respect to overall trends including stages, sources and their...

This paper provides a measure of transaction costs in the Amman Stock Exchange (ASE) and examines its determinants. After discussing the economic importance of financial systems in general and stock markets in particular, this paper argues that transaction costs are an essential prerequisite for...

This paper examines the causes and policy implications of the 1997-98 financial crises in East Asia from an Islamic perspective. The paper suggests that the crises may be better understood as consequences of internal contradictions in the interest-based financial system as regards risk and...

In the 1990's more than 90 developing countries were opening up their telecom sector to private sector participation. However, the labor implications remain one of the least addressed issues. The limited international experience shows that the impact of privatization in the case of the...

The main objective of this paper is to determine the causal relationship between child work and school enrollment in Egypt while taking into account the simultaneous nature of family (or child) decisions regarding school and work activities. We also assess how a broader definition of work,...

This paper reports results from the application of Data Envelopment Analysis (DEA) on Turkish commercial banks. The aim of this paper is twofold. First, to measure the 'intermediation' efficiency and profitability of Turkish banks. Second, to examine the relationship between efficiency and...

This paper empirically assesses the impact of exchange rate policy on the performance of manufactured exports for four North African countries over the 1970-92 period. The impact of exchange rate policy is examined through the effect of three indicators: real effective exchange rate (RER)...

This study evaluates the development of the institutional environment in Egypt over the last decade from the perspective of the Egyptian exporting community. The main objective is to judge whether or not the institutional infrastructure is ready to supply Egyptian exporters with what is needed...

Turkey experienced a severe financial crisis in 1994 that resulted in a record level economic contraction and a large number of failures among industrial and financial firms. Employing a nonparametric approach, we measured the efficiency and productivity of the Turkish banking sector between...