Aid and power in the Arab world

by Jane Harrigan

One of the key€elements of the€globalisation process in the Middle East and North Africa (MENA) is€the provision of finance by the International Monetary Fund and the World Bank, in return for programmes of economic liberalisation which open up recipient economies to the global economy. Several of these recipient countries have been hailed by the institutions as successful reformers, and the growth observed has been regarded as a result of these reform programmes. However, the link between international€finance projects and economic reform and growth€is not€always straightforward. This book...

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