IDEAS home Printed from https://ideas.repec.org/p/imf/imfwpa/1997-101.html
   My bibliography  Save this paper

Fiscal Policy and Growth in the Middle East and North Africa Region

Author

Listed:
  • Ms. Sena Eken

Abstract

Establishing a policy framework to sustain high rates of growth is a major challenge facing the economies of the Middle East and North Africa. Given the strikingly dominant role of governments in these economies, this paper focuses on the contribution of fiscal consolidation and reform toward addressing this challenge. On the basis of an examination of fiscal structures, reform and adjustment efforts, and their growth implications during 1980-95, it concludes that the ongoing process of fiscal reform—aimed at reducing budget deficits, improving the budgetary structure, and enhancing the effectiveness of government interventions—is key to ensuring macroeconomic stability and fostering growth.

Suggested Citation

  • Ms. Sena Eken, 1997. "Fiscal Policy and Growth in the Middle East and North Africa Region," IMF Working Papers 1997/101, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:1997/101
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=2316
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Joharji Ghazi A. & Starr Martha A, 2011. "Fiscal Policy and Growth in Saudi Arabia," Review of Middle East Economics and Finance, De Gruyter, vol. 6(3), pages 24-45, February.
    2. Kamilya Tazhibayeva & Mr. Aasim M. Husain & Anna Ter-Martirosyan, 2008. "Fiscal Policy and Economic Cycles in Oil-Exporting Countries," IMF Working Papers 2008/253, International Monetary Fund.
    3. Zaki, Mokhlis Y., 2001. "IMF-Supported Stabilization Programs and their Critics: Evidence from the Recent Experience of Egypt," World Development, Elsevier, vol. 29(11), pages 1867-1883, November.
    4. Mouna Gammoudi & Mondher Cherif & Simplice Asongu, 2016. "FDI and Growth in the MENA countries: Are the GCC countries Different?," Working Papers of the African Governance and Development Institute. 16/015, African Governance and Development Institute..
    5. Abu-Bader, Suleiman & Abu-Qarn, Aamer S., 2003. "Government expenditures, military spending and economic growth: causality evidence from Egypt, Israel, and Syria," Journal of Policy Modeling, Elsevier, vol. 25(6-7), pages 567-583, September.
    6. Bar-El Raphael, 2005. "A Typology of Regional Cooperation Projects," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 11(2), pages 193-207, November.
    7. Miki Malul & Raphael Bar-El & Dafna Schwartz, 2010. "Patterns of Cooperation in High-Tech—Constraints, Feasibility, and Benefits: Results of a Study among Palestinians and Israelis," Conflict Management and Peace Science, Peace Science Society (International), vol. 27(1), pages 67-84, February.
    8. Magda Kandil & Assil El Mahmah, 2017. "Fiscal Consolidation and UAE Vision 2021: A Small Scale Macroeconomic Model Approach," Working Papers 1151, Economic Research Forum, revised 11 Jan 2003.
    9. repec:bgu:wpaper:163 is not listed on IDEAS
    10. Tosun Mehmet S, 2005. "The Tax Structure and Trade Liberalization of the Middle East and North Africa Region," Review of Middle East Economics and Finance, De Gruyter, vol. 3(1), pages 20-37, April.
    11. Ebaid Ali & Bahari Zakaria, 2019. "The Nexus between Government Expenditure and Economic Growth: Evidence of the Wagner’s Law in Kuwait," Review of Middle East Economics and Finance, De Gruyter, vol. 15(1), pages 1-9, April.
    12. Lahcen ACHY & Juliette Milgram, 2005. "Does a free trade area favors an optimum currency area? The Case of Morocco and the European Union," International Trade 0512012, University Library of Munich, Germany.
    13. Bar-El Raphael, 2006. "Assessing Regional Cooperation in the Middle East," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 12(1), pages 70-82, September.
    14. Klaus Schmidt-Hebbel, 2019. "Macroeconomic Institutions: Lessons from World Experience for MENA Countries," Working Papers 1311, Economic Research Forum, revised 21 Aug 2019.
    15. Mr. Qing Wang & Mr. Ugo Fasano-Filho, 2001. "Fiscal Expenditure Policy and Non-Oil Economic Growth: Evidence from GCC Countries," IMF Working Papers 2001/195, International Monetary Fund.
    16. Leonor Coutinho & Luc De Wulf & Santiago Florez & Cyrus Sassanpour, 2010. "Study on Quality of Public Finances in Support of Growth in the Mediterranean Partner Countries of the EU," CASE Network Reports 0094, CASE-Center for Social and Economic Research.
    17. Bar-El Raphael & Schwartz Dafna, 2003. "The Potential Effect of Peace on Regional Economic Cooperation in the Middle East," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 9(1), pages 1-33, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:1997/101. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.