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Middle East and Central Asia > Jordan

You are looking at 1 - 4 of 4 items for :

  • Type: Journal Issue x
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Cover IMF Staff Country Reports
Saudi Arabia: Selected Issues
International Monetary Fund. Middle East and Central Asia Dept.
This chapter reviews developments in GDP over the past several decades. The analysis shows that accumulation of labor and capital explains the bulk of overall output growth since 1990, with changes in total factor productivity playing only a minor role. Moreover, while increases in total factor productivity (TFP) during 1990-2009 have been close to the worldwide average, the pace of TFP growth fell during the 2000s. This suggests scope for increasing the efficiency of factor markets and highlights the importance of recent reforms to promote knowledge-based activity.
Keywords:
ISCR; CR; price; TFP growth; oil price; oil GDP; private-sector employment; Dutch disease; Oil prices; Total factor productivity; Employment; Oil; gas and mining taxes; Global; Asia and Pacific; Middle East; business cycle correlation; one-standard error GDP Shock; C. fiscal policy; impulse response; cyclical GDP; D. labor market initiative; Caribbean
Cover IMF Working Papers
Business Cycles and Workers' Remittances: How Do Migrant Workers Respond to Cyclical Movements of GDP At Home?
Mr. Serdar Sayan
Workers' remittances are often argued to have a tendency to move countercyclically with the GDP in recipient countries since migrant workers are expected to remit more during down cycles of economic activity back home. Yet, how much to remit is a complex decision involving other factors, and different variables driving remittance behavior are differently affected by the state of economic activity over the business cycle. This paper investigates the behavior of workers' remittances flows into 12 developing countries over their respective business cycles during 1976-2003 and finds that countercyclicality of receipts is not commonly observed across these countries.
Keywords:
WP; remittance; role remittances play; remittance behavior; spending; workers’ remittances; business cycles; consumption vs. investment motive; remittance receipt; remittances cycle; remittances series; workers' remittance; Bangladesh's remittances receipt; remittance flow; Remittances; Migrant labor; Income; Procyclicality; Africa; Middle East
Cover Challenges of Growth and Globalization in the Middle East and North Africa
Challenges of Growth and Globalization in the Middle East and North Africa
Mr. George T. Abed
and
Mr. Hamid R Davoodi

Abstract

The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.

Keywords:
MISC PUBS; Misc.; country; MENA region; MENA country; oil exporter; privatization receipt; oil-producing country; MENA oil country; MENA countries' experience; a number of country; Public sector; Total factor productivity; Population growth; Labor force; Global; East Asia; Middle East; North Africa; East Africa
Cover Creating Employment in the Middle East and North Africa
Creating Employment in the Middle East and North Africa
Mr. E. H. Gardner

Abstract

The population of the Middle East and North Africa is one of the fastest growing in the world, but jobs have not grown as fast as the region’s workforce. This paper addresses questions such as"Can current GDP growth generate more employment, or will higher GDP growth be required?"and "Will the current pattern of job creation-with much of the region’s workforce employed by the public sector-need to change?"

Keywords:
MISC PUBS; Misc.; productivity; unemployment rate; country; participation rate; job growth; pro-employment scheme; employment needs; targeted labor market reform; labor market rigidity; Labor productivity growth; labor market survey; employment deficit; productivity gain; labor productivity growth; job picture; low-employment content; Employment; Labor force; Labor markets; Public employment; Job creation; Middle East; North Africa; East Africa