Business, Economics, and Environmental Studies
English edition  
April  2008
160 pp.
15X23 cm
ISBN 9789774160509
For sale worldwide


Industrial Policy in the Middle East and North Africa

Rethinking the Role of the State Edited by Ahmed Galal

A timely look at the role of governments in Middle East economies

Most governments in the Middle East and North Africa (MENA) region use trade policy to protect certain industries, provide tax incentives to promote a particular type of investment, and make subsidized credit available to firms of a certain size. Such government intervention, known as industrial policy, is the topic of this book. The aim is to assess whether state intervention leads to net benefits to society, why policymakers intervene, and how to bring about a healthier balance between states and markets. Answers to these questions are given in six chapters based on research papers that were presented at a conference held in Cairo in November 2005, and include case studies on Egypt, Morocco, Turkey, and Jordan. Contributors: Hasan Ersel, Ahmed Galal, Najib Harabi, Nihal El Megharbel, Mustapha Nabli, and Marcus Noland. An Egyptian Center for Economic Studies / World Bank Publication
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Ahmed Galal is managing director of the Economic Research Forum. He has also been a staff member of the World Bank since 1984.

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