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This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance-sending countries, to the public finances of remittance-receiving countries. Using panel data for remittance-receiving countries in the Middle East, North Africa, and Central Asia,...
Persistent link: https://www.econbiz.de/10013101521
Countries of the Near East, North Africa, Europe and Central Asia region face a myriad of social, economic and political challenges that have stalled their structural and rural transformation processes.The region has the highest youth unemployment rates in the world. Weak education systems are...
Persistent link: https://www.econbiz.de/10012838051
We quantify the extent to which public-sector employment crowds out private-sector employment using specially assembled datasets for a large cross-section of developing and advanced countries, and discuss the implications for countries in the Middle East, North Africa, Caucasus and Central Asia....
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This IMF Departmental Paper presents the key areas in which countries of the Middle East, North Africa, and the Caucasus and Central Asia (MECA) can enhance governance and fight corruption to achieve their economic policy goals. It draws on advances that have already taken hold in the region
Persistent link: https://www.econbiz.de/10012522639
discusses key policy challenges. In addition, it takes a closer look at both regional topics--such as the rise in inflation in … ance -- 4 The Rise in Inflation in the GCC Countries -- 5 Algeria's Experience with Managing Hydrocarbon Wealth -- 6 Oil … Growth in Emerging Markets -- 5a Consumer Price Inflation: Country Aggregates -- 5b Consumer Price Inflation: Individual …
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