Macroeconomic issues and policies in the Middle East and North Africa

This book brings together recent research bt IMF staff on how the region's countries are grappling with these challenges. It rigorously analyzes policy alternatives for a range of relevant topics-including the implications of changing demographic trends for growth and unemployment, determinants of inflation, financial-sector reform and Islamic banking, fiscal sustainability in oil-dependent economies, exchange rate and trade arrangements, and impediments to foreign direct investment. The book's overall theme is that self-sustaining and faster growth can be achieved through compehensive structural reforms and closer collaboration between the region's policymakers and the international community.