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Economic Development in the Middle East
The economic and financial development are examined in Algeria, Egypt, Iran, Israel, Jordan, Kuwait, Lebanon, Morocco, Oman, Saudi Arabia, Syria, Tunisia, Turkey, United Arab Emirates, and Yemen, representing the Middle East and North Africa region. This paper demonstrates that improvements in the standard of living will only be attained with fiscal and political reforms.
Link
http://www.econ.upenn.edu/Centers/pier/Archive/04-022.pdf