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 economicalal reduce than democracies . With this kind of clash it will take some quantify before both economic re shouts and political reforms takes effectExcuse of skirmish and licit argument in IraqMany policy makers in MENA countries take the ongoing conflict between Israel and Palestine and the occupation of Iraq as causal agencys to remit inseparable economic reform . They argue that the main reason they tush t facilitate an economic reform downstairs much(prenominal) a situation is that it has the risk of giving rise to entire 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 , althou gh 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 enough privatization of firmsThe softness of MENA governments to embrace and make privatization of state owned firms easier particularly the under performing ones has resulted in lack of sufficiency to denationalise the firms .

Privatization of firms in these countries is very difficult due to the long and uninteresting processes baffling some of which are step up go out . Privatization of firms is one mood of the government to ensure that underperf orming firms become reproductive with the g! overnment in any case earning money from the deal 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 meeting 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, mark it on our website: OrderCustomPaper.com

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