The Middle East and North Africa
Unfulfilled Promise
George T. Abed
Given its natural and cultural resources, why isn't the region doing better economically?
Living Better
Sena Eken, David A. Robalino, and George Schieber
MENA countries need to improve social policies to raise living standards
Wanted: More Jobs
Edward Gardner
With its large, growing labor force, MENA needs to foster growth to create jobs
Failed Legacies
Adam Bennett
After years of central planning, MENA's economies are stagnant
Banking on Development
Susan Creane, Rishi Goyal, A. Mushfiq Mobarak, and Randa Sab
Why financial sector development is crucial
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Should MENA Countries Float or Peg?
Abdelali Jbili and Vitali Kramarenko
The advantages of moving from fixed to flexible exchange rate regimes
Also in This Issue
What Goes Up . . .
Steven Barnett and Rolando Ossowski
How can oil-exporting countries prepare themselves for the day the oil runs out?
Managing Oil Wealth
Benn Eifert, Alan Gelb, and Nils Borje Tallroth
The political economy of oil-exporting countries
Commodity Currencies
Paul Cashin, Luis C�spedes, and Ratna Sahay
Commodity-exporting countries and their exchange rates
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Departments
From the Editor
Letters to the Editor
In Brief
News from international agencies
People in Economics
The Lab Man
Jeremy Clift interviews Nobel Prize winner Vernon L. Smith
Picture This
The Middle East dominates world oil
Bright E. Okogu
Back to Basics
When countries get too much of a good thing
Christine Ebrahim-zadeh explains Dutch disease
Straight Talk
A Vote Against Grandiose Schemes
Kenneth S. Rogoff argues against schemes to coordinate dollar, yen, and euro monetary policy
Book Reviews
The Ills of Aid: An Analysis of Third World Development Policies, Eberhard Reusse
Efficiency, Equity, and Legitimacy: The Multilateral Trading System at the Millennium, Roger Porter, Pierre Sauv�, Arvind Subramanian, and Americo Beviglia-Zampetti (editors)
Globalization and the Politics of Development in the Middle East, Clement M. Henry and Robert Springborg
Globalization and Firm Competitiveness in the Middle East and North Africa Region, Samiha Fawzy (editor)
Monetary Policy and Exchange Rate Regimes: Options for the Middle East, Elina Cardoso and Ahmed Galal (editors)
State-Owned Enterprises in the Middle East and North Africa: Privatization, Performance and Reform, Merih Celasun (editor)
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