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Full-Text Articles in International Relations
South Africa And The Arab World: Facing Common Challenges, Marcus Noland, Howard Pack
South Africa And The Arab World: Facing Common Challenges, Marcus Noland, Howard Pack
Marcus Noland
Today the Arab countries of the Middle East face a challenge familiar to all South Africans: to create jobs for the large cohort of young people reaching working age. Over the next decade or so, the region may experience population growth of 150 million people—the equivalent of adding two Egypts (table 1). In demographic terms, the task is similar to that facing South Africa—only larger. Rising labor force participation by women only increases the pressure. The task is immense, and the stakes are high.
Arab Economies At A Tipping Point, Marcus Noland, Howard Pack
Arab Economies At A Tipping Point, Marcus Noland, Howard Pack
Marcus Noland
The Arab world is experiencing an economic boom of historic proportions. The tiny Persian Gulf emirate of Dubai is emblematic. Boasting the world's only seven-star hotel, its massive land reclamation project, allegedly the only man-made structure visible from the moon, is whimsically creating parcels shaped like continents and palm trees. With oil hovering above $90 a barrel and the Egyptian stock market up 1,800 percent in the last five years, one might ask what problems World Bank President Robert Zoellick perceives that would justify making the economic revitalization of the Arab world one of the cornerstones of his new administration.1 …
The East Asian Industrial Policy Experience: Implications For The Middle East, Marcus Noland, Howard Pack
The East Asian Industrial Policy Experience: Implications For The Middle East, Marcus Noland, Howard Pack
Marcus Noland
Japan, South Korea, and Taiwan are regarded as primary examples of countries that have derived great benefits from increasing integration with the international economy, without surrendering national autonomy in the economic or cultural spheres, by pursuing decidedly nonneutral policies with respect to the promotion of specific sectors and activities. This working paper addresses a series of questions in an attempt to assess the relevance of their experiences for the contemporary Middle East: Was industrial policy a major source of growth in these three economies? Can these outcomes be duplicated in the Middle East today, or do special circumstances or changes …