Economic Governance Reforms to Support Inclusive Growth in the Middle East, North Africa, and Central Asia
Departmental Papers, January 13, 2021
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Bibliographic details
- Authors: Christopher J. Jarvis, Gaëlle Pierre, Benedicte Baduel, Dominique Fayad, Alexander de Keyserling, Babacar Sarr, Mariusz A. Sumlinski
- Published: January 13, 2021
- Series: Departmental Papers
- DOI: https://doi.org/10.5089/9781513520759.087
Summary
- This IMF Departmental Paper presents the key areas in which countries of the Middle East, North Africa, and the Caucasus and Central Asia (MECA) can enhance governance and fight corruption to achieve their economic policy goals.
- It draws on advances that have already taken hold in the region.
- Improving governance and fighting corruption are framed as key to addressing the COVID-19 pandemic fallout and building forward better for a sustainable and inclusive recovery.
- The paper cites that stronger control of corruption in the MENA is associated with higher domestic revenue, increased public investment efficiency and better education outcomes such as improved access to education. (See IMF, Fiscal Monitor, Curbing Corruption, April 2019)
Authors, Publication, and Identifiers
- Authors: Christopher J. Jarvis, Gaëlle Pierre, Benedicte Baduel, Dominique Fayad, Alexander de Keyserling, Babacar Sarr, Mariusz A. Sumlinski
- Date: January 13, 2021
- Series: Departmental Paper No 2021/001
- Issue: 001
- Volume: 2021
- DOI: https://doi.org/10.5089/9781513520759.087
- ISBN: 9781513520759
- ISSN: 2616-5333
- Stock No: EGRSIGEA
- Format availability noted: Also available in français, العربية
Key Themes and Subjects Covered
- Anti-money laundering and combating the financing of terrorism (AML/CFT)
- Corruption
- Fiscal governance
- Fiscal transparency
- Inclusive growth
- Institutional governance
- Middle East and Central Asia
- Revenue administration transparency and accountability
Core Findings and Evidence Emphasized
- Surveys indicate citizens and businesses in the Middle East and North Africa (MENA) continue to view weak governance and corruption as serious problems in the region.
- Governance indicators broadly corroborate the perception of weak governance and corruption in the region.
- Stronger control of corruption in the MENA is associated with:
- higher domestic revenue
- increased public investment efficiency
- better education outcomes such as improved access to education
Practical Focus and Purpose
- The paper identifies key areas where MECA countries can enhance governance and fight corruption to support economic policy objectives.
- The emphasis is on reforms that support an inclusive recovery from the COVID-19 pandemic and build forward better for sustainability and inclusiveness.
Keywords
- Corruption
- EconomicGovernance
- Good Governance
- Inclusive Growth
IMF Departmental Paper No 2021/001; accessed via the IMF publications landing page for "Economic Governance Reforms to Support Inclusive Growth in the Middle East, North Africa, and Central Asia".