This book looks at the provision of finance in the Middle East and North Africa (MENA) by the IMF and World Bank in return for economic liberalization, exploring the political motivations of funding and geo-politics in recipients. The effectiveness of funding is questioned, with evidence from four MENA countries.
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This book looks at two aspects of Islamic activity in the Middle East and North Africa, the development of social capital and the provision of welfare services, within the context of economic liberalisation programmes to see whether the retrenchment of the state under liberalisation has created a space for Islamic-based activities.
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This article fills an important gap in the literature by exploring the trends in social welfare in four MENA countries that have undertaken extensive economic liberalization programs under the auspices of the IMF and the World Bank — namely, Jordan, Egypt, Tunisia, and Morocco. Studying the experiences of these countries provides an opportunity to enhance the understanding of the link between economic reforms, the level of social welfare provision, and political stability.
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 37, Heft 7, S. 1235-1249
This article looks at one important aspect of globalization in the Arab World, namely the provision of international finance by the US, the International Monetary Fund (IMF), and the World Bank in support of economic liberalization programs. This flow of international finance has been partly determined by geopolitical factors and in some countries has resulted in a decline in state provision of social welfare, increased poverty, and increased inequality. Not only has this form of globalization been increasingly challenged by Islamist groups, but many such groups have moved in to provide social capital and fill the welfare gap created by the gradual withdrawal of the state from socio-economic affairs. Globalization has thus strengthened the hand of political Islam and undermined the political legitimacy of incumbent regimes.
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 34, Heft 2, S. 247-270