Applied economics of the Middle East 2
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- Unit value:
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- Term 2
Analysis of the economic development of the Middle East is taken 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:
- The political economy of aid flow patters to the region
- IMF and World Bank reform programmes
- Economic Liberalisation
- Globalisation, Food Security and Social Welfare Policies
Objectives and learning outcomes of the course
On successful completion of the course, students will 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 differen 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.
- 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
- Harrigan, J (2014), The Political Economy of Arab Food Sovereignty, Palgrave Macmillan.
- Richards, A. and Waterbury, J (2006), A Political Economy of the Middle East, State: Class and Economic Development, 2nd Edition, Boulder Colorado: Westview Curzon Press