Market Dynamics and Productivity in Developing Countries

Economic Reforms in the Middle East and North Africa

Editors: Sekkat, Khalid (Ed.)

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  • Offers a rigorous and up-to-date empirical analysis of the links among economic liberalization, dynamics of firms' entry and exit, and productivity growth
  • Includes contributions from local researchers in the Middle East and North Africa region
  • Presents a research methodology that can be applied to developing countries worldwide
  • Features chapters organized in consistent fashion to facilitate comparative analysis
  • Sponsored by the International Development Research Centre
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eBook 106,99 €
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  • ISBN 978-1-4419-1037-0
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Hardcover 135,19 €
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  • ISBN 978-1-4419-1036-3
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About this book

To what degree are trade liberalization, productivity, and economic growth correlated? Can economic policies designed to encourage competition and curtail industry protection result in large-scale improvements, such as increased innovation and reduced unemployment?

After 20 years of economic reform in the Middle East and North Africa (MENA),  economic performance is still lagging behind many regions of the world. Even in those countries that are the most advanced in implementing reforms, including Egypt, Jordan, Morocco and Tunisia, industries with low productivity growth and high market power continue to dominate. Moreover, the termination of the Multi-Fiber Agreement and the negotiations concerning further liberalization of trade in agricultural products (under the framework of the World Trade Organization) put these and other countries under pressure of fierce competition from emerging nations.

Recent empirical evidence on the impact of reforms in a number of developing countries shows that such persistence of inefficiency and market power is specific to MENA. Showcasing in-depth analyses from Jordan, Morocco, Tunisia, and Turkey (with comparative data from Asia and Latin America), this book focuses on the dynamics of firm entry and exit to help explain the low productivity of the region. The results suggest a number of policy recommendations designed to foster competition, which, in turn, would contribute to innovation, productivity growth, and improved return on capital investments. The book not only reveals important correlations among policy and market factors in MENA, but suggests fruitful areas of research in other developing regions of the world.

Table of contents (6 chapters)

Table of contents (6 chapters)

Buy this book

eBook 106,99 €
price for Spain (gross)
  • ISBN 978-1-4419-1037-0
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 135,19 €
price for Spain (gross)
  • ISBN 978-1-4419-1036-3
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Market Dynamics and Productivity in Developing Countries
Book Subtitle
Economic Reforms in the Middle East and North Africa
Editors
  • Khalid Sekkat
Copyright
2010
Publisher
Springer-Verlag New York
Copyright Holder
Springer-Verlag New York
eBook ISBN
978-1-4419-1037-0
DOI
10.1007/978-1-4419-1037-0
Hardcover ISBN
978-1-4419-1036-3
Edition Number
1
Number of Pages
IX, 164
Number of Illustrations
24 b/w illustrations
Topics