The Economics and Finance of the Middle East and North Africa
The Middle East and North Africa (MENA) region has often been, as an economic entity, neglected relative to other regions. Not generally as wealthy as Western Europe or North America, nor as vibrant or rapidly-developing as East Asia, nor possessing the industrial core and geographical endowments of Latin America, the MENA region has, as its defining characteristic, one key endowment necessary for life in the modern global economy: energy resources. This chapter provides an overview of the economics and finance of the Middle East and North Africa, informed by this rich political-economic heritage. It examines the economic history of the region, along with its modern economic organisation and structure. The chapter discusses the MENA region in comparative perspective, paying attention to both the real and financial dimensions. Link to the article
LIM, J. (2022). The Economics and Finance of the Middle East and North Africa. In: Flavia Cortelezzi, Alessandro Ferrari eds. Contemporary Issues in Islamic Law, Economics and Finance. 1st ed. London: Routledge.