Toward New Horizons: Arab Economic Transformation amid Political Transition
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Labor , Banks and Banking , Public Finance , DPPP , DP , exchange rate , labor market , private sector , central bank , job creation , monetary policy , Exchange rate flexibility , Employment , Global , North Africa , East Asia , Europe , Central and Eastern Europe , IMF's Middle East , government effectiveness , reform effort , reform agenda , countries' government , Exchange rate arrangements
The changing political landscape in the Arab world has created opportunities for economic transformation by tackling long-standing economic issues. Nevertheless, three years after the onset of political transition, implementing necessary economic policies has proven to be challenging. This paper lays out key elements of economic policy reform for Arab countries in transition.