The Economic and Political Determinants of IMF and World Bank Lending in the Middle East and North Africa

Jane Harrigan and Hamed El-Said

Chapter 2 in Aid and Power in the Arab World, 2009, pp 10-35 from Palgrave Macmillan

Abstract: Abstract MENA assumes both political and economic significance. Politically, it is arguably the epicentre of world crisis, chronically war-prone and the site of the world’s most protracted conflicts (Hinnebusch 2003 p.1); economically, it owns the bulk of the world’s oil reserves, driving in particular the USA economic engine. In light of the region’s geopolitically and economically strategic position in the world economy it is clear that economic and political factors are inextricably linked when it comes to the manner in which the West, particularly the USA, responds to the region’s needs.

Keywords: Arab World; Current Account Balance; Peace Treaty; Development Assistance Committee; Political Determinant (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-00159-7_2

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DOI: 10.1057/9781137001597_2

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