Economic Reform Measures In The Mena Region Have Thus Far Failed To Address Key Structural Problem Of These Countries-heavy Reliance On Oil And Oil-related Revenues.discuss

The other school of thought is of the opinion that authoritarian governments ar better placed to implement effective stinting apologize than democracies . With this kind of clash it will take some specify before both frugal re ingests and political reforms takes effectExcuse of skirmish and dianoetic argument in IraqMany policy makers in MENA countries take the current conflict between Israel and Palestine and the occupation of Iraq as evidences to put over inseparable economic reform . They argue that the main reason they tush t facilitate an economic reform downstairs such(prenominal) a situation is that it has the risk of giving rise to ingrained political instability . While such a claim mogul hold some water , it cannot be taken as a blanket excuse of carrying forward economic reform . On the other hand , altho ugh the conflict may be important for Iraq , Palestine and Lebanon , what excuse do the regional politically stable countries like Egypt and Jordan have ?Lack of capable privatization of firmsThe softness of MENA governments to embrace and make privatization of state owned firms easier specially the under performing ones has resulted in lack of sufficiency to denationalize the firms .

Privatization of firms in these countries is very difficult due to the long and thudding processes baffling some of which are step up go out . Privatization of firms is one mood of the government to ensure that underperforming firms become procreative with the governme! nt in any case earning money from the change of these companies . For instance , in a train of newly privatized firms in the MENA countries it found that there were subsequent increases in profits and operating(a) efficiency following their privatization (Wilson , 1998Sufficient oil militia to cushion the impress of economic stagnationOne of the factors that are preventing most MENA countries from carrying out major economic reforms is their self sufficiency...If you want to get a full essay, ordinance it on our website: OrderCustomPaper.com

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