Economic Research Forum (ERF)

November

Economic performance under different types of Turkish governments

Turkey has been ruled by a wide variety of governments over the past two-thirds of a century: single-party governments; coalitions partnered by two or more parties and by ideologically compatible and incompatible parties; and minority and military governments. This column explains why the order in which one type came after another was not accidental, but followed a pattern induced by coups. Economic performance under the different types of government has varied systematically.

State-business relations: the impact on firm performance and growth

Resource reallocation from low to high productivity firms can generate large aggregate productivity gains with further potential benefits for growth. This column reports evidence on productivity and resource misallocation in a sample of firms in Egypt, Turkey and Yemen from the World Bank’s Enterprise Surveys. The main focus is on state-business relations and the impact on firm performance and economic growth.

Compulsory schooling in Turkey: a deterrent to teenage marriage and births

The extension of compulsory schooling in Turkey was motivated by concerns other than the welfare of teenage mothers and their children. But as this column reports, it has had the unintended effect of reducing teenage marriage and the number of children born to teenage women.

Sahel faces poverty and conflict traps: a call for international action

Conditions in the so-called G-5 countries of the Sahel – Burkina Faso, Chad, Mali, Mauritania and Niger – are grim. This Brookings column from late 2016 summarises a plea for international action. More funding for day-to-day security and for economic development is urgently needed. And the socio-cultural complexity of the region calls for a multidisciplinary approach, bringing together researchers, diplomats, ethnologists, humanitarians, and defence and development experts.

Leveraging the demographic transition in North Africa

By the standards of middle-income economies, Turkey, North Africa and the Eastern Mediterranean have very young populations – a demographic opportunity to achieve faster per capita income growth. This column, which draws on the EBRD’s latest Transition Report, argues that the key to taking advantage of the region’s current demographic profile is substantial investment in skills and education.

Inflation targeting versus nominal exchange rate targeting in MENA

Targeting inflation – a monetary policy strategy that has been successfully used in several developed countries – has become an increasingly attractive alternative to nominal exchange rate targeting in emerging economies. This column compares recent experiences with the two policy regimes in Egypt, Jordan, Lebanon, Morocco, Tunisia and Turkey – and outlines the key requirements for the effective adoption of inflation targeting.

Tunisia’s labour market in an era of transition

Unemployment in Tunisia has been high for many years – and it is particularly prevalent among youth, women and people with higher levels of education. This column outlines the findings of a new book on the country’s labour market and the implications for policy-makers.

Most read

Arab youth and the future of work

The Arab region’s labour markets are undergoing a triple transformation: demographic, digital and green. As this column explains, whether these forces evolve into engines of opportunity or drivers of exclusion for young people will hinge on how swiftly and coherently policy-makers can align education, technology and employment systems to foster adaptive skills, inclusive institutions and innovation-led pathways to decent work.

Digitalising governance in MENA: opportunities for social justice

Can digital governance promote social justice in MENA – or does it risk deepening inequality and exclusion? This column examines the evolution of digital governance in three sub-regions – Egypt, Jordan and the countries of the Gulf Cooperation Council – highlighting how data practices, transparency mechanisms and citizen trust shape the social outcomes of technological reform.

Wrong finance in a broken multilateral system: red flags from COP30-Belém

With the latest global summit on climate action recently wrapped up, ambitious COP pledges and initiatives continue to miss delivery due to inadequate commitments, weak operationalisation and unclear reporting systems. As this column reports, flows of climate finance remain skewed: loans over grants; climate mitigation more than climate adaptation; and weak accountability across mechanisms. Without grant-based finance, debt relief, climate-adjusted lending and predictable multilateral flows, implementation of promises will fail.

Why political connections are driving business confidence in MENA

This column reports the findings of a new study of how the political ties of firms in the Middle East and North Africa boost business confidence. The research suggests that this optimism is primarily driven by networked access to credit and lobbying, underscoring the need for greater transparency and institutional reform in corporate governance.

Empowering Egypt’s young people for the future of work

Egypt’s most urgent priority is creating more and better jobs for its growing youth population. This column reports on the first Development Dialogue, an ERF–World Bank joint initiative, which brought together students, scholars, policy-makers and private sector leaders at Cairo University to confront the country’s labour market challenge. The conversation explored why youth inclusion matters, what the data show and how dialogue and the forthcoming Country Economic Memorandum can inform practical pathways to accelerate job creation.

Preparing youth for the workforce of the future

As economies undergo rapid digital and green transformations, young people face a growing mismatch between their skills and what the modern labour market needs. This column argues that enabling youth to compete in the workforce of the future requires systemic reforms in education, skills formation and labour market institutions, especially in developing economies.




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