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

In: Aid and Power in the Arab World

Author

Listed:
  • Jane Harrigan
  • Hamed El-Said

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.

Suggested Citation

  • Jane Harrigan & Hamed El-Said, 2009. "The Economic and Political Determinants of IMF and World Bank Lending in the Middle East and North Africa," Palgrave Macmillan Books, in: Jane Harrigan & Hamed El-Said (ed.), Aid and Power in the Arab World, chapter 2, pages 10-35, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-00159-7_2
    DOI: 10.1057/9781137001597_2
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    Cited by:

    1. El-Said, Hamed & Harrigan, Jane, 2009. ""You Reap What You Plant": Social Networks in the Arab World--The Hashemite Kingdom of Jordan," World Development, Elsevier, vol. 37(7), pages 1235-1249, July.
    2. Yusuke Kawamura, 2022. "Public Sector Employment as a Social Welfare Policy: The “Social Contract†and Failed Job Creation for Youth in Egypt," Contemporary Review of the Middle East, , vol. 9(1), pages 31-50, March.

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