The economic development process in the Middle East and Nord Africa

The book addresses the issue of the economic development in the Middle East and North Africa by giving a rationale of the recent half-century transitional path the regional economies undertook. The development is represented as a shift from an old to a new socio economic system, creating new economic organizations and subjects, empowering new social and political actors, and cropping up the old state of affairs outside and inside the country. So the international environment, in which this process evolves, and the domestic institutional change have a central explanatory power, representing the framework enabling the country to manage its own economic capacity and the cultural legacy of Muslim societies transferred to the new arrangement. On this stance, the book endows the reader with knowledge concerning the strategic position of the regional economies, the interplay between state and society in shaping the economy, the impact of the demographic transition on the economic variables and on the welfare systems of the countries, the achievement and progress towards reforms and economic integration. The dialectic between a week state and a powerful society is the guideline in trying to explain the MENA development and in giving an answer to the issues facing economies.