Applied economics of the Middle East 2
- Course Code:
- Unit value:
- Taught in:
- Term 2
Term 2 - Regional Course
Analysis of the economic development of the Middle East is taken further in this second module on the applied economics of the Middle East, with a greater focus on the resource poor countries of the region. Topics covered include:
- aid flow patterns to the region;
- IMF and World Bank reform programmes;
- economic liberalisation;
- social welfare policies.
Objectives and learning outcomes of the course
By the end of the course students should be able to:
- Understand the reasons why a process of economic liberalisation was needed in the MENA region. Conceptualise the characteristics of an economic liberalisation programme and its sectoral implications.
- Be familiar with the key debates surrounding the process of liberalisation and be able to articulate arguments both for and against different dimensions of economic liberalisation in the context of MENA.
- Understand the social welfare and political implications of economic reform at both a regional and country-specific level. Present country case study examples of the economic, social and political experience of liberalisation.
Method of assessmentAssessment weighting: Exam 70% / coursework 30% (1 essay). All coursework is resubmittable.
1. Harrigan and El-Said, Aid and Power in the Arab World: IMF and World Bank Policy-Based Lending in the Middle East and North Africa (2009), Palgrave Macmillan.
2. Richards A. and J. Waterbury (1996), A Political Economy of the Middle East,
3. State: Class and Economic Development, 2nd edition, Boulder Colorado: Westview Curzon Press.
4. Handoussa H. (ed., 1997), Economic Transition in the Middle East – Global
Challenges and Adjustment Strategies, Cairo: The American University in Cairo Press.