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  • 1
    UID:
    gbv_1835673376
    Format: 1 Online-Ressource
    Series Statement: Policy Research Working Papers 10062
    Content: A wealth of evidence has shown the positive effects of better management practices on firms. More recent evidence has highlighted that ownership matters for several developing and advanced economies. However, this relationship has not been studied extensively for economies in the Middle East and North Africa, a region where the presence of the government in the productive sphere looms large. This study contributes to this gap in the literature by exploring how partial government ownership can influence the management practices of medium and large formal firms in the Middle East and North Africa. Using two waves of Enterprise Surveys undertaken in 2013 and 2019/2020, the evidence points at a negative relationship between partial government ownership and management practices in the developing Middle East and North Africa region. A subsample of panel firms confirms these findings. Analysis conducted for firms surveyed in Europe and Central Asia in the same time frame does not show a similar negative relationship between partial government ownership and management practices, highlighting regional heterogeneity
    Note: Middle East and North Africa , English
    Language: English
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  • 2
    UID:
    gbv_1835673368
    Format: 1 Online-Ressource
    Series Statement: Policy Research Working Papers 10063
    Content: The benefits of formal training are numerous, and yet in many regions few firms utilize them. This study builds on the literature by exploring how two forms of human capital - the quality of management practices and the proportion of university educated employees - influence the adoption of formal training. Using both cross-sectional and panel firm-level data for 29 economies in Eastern Europe and Central Asia and six economies in the Middle East and North Africa, the study finds that firm management practices are positively correlated with the implementation of formal training in Eastern Europe and Central Asia but not in the Middle East and North Africa. The proportion of university educated workers is positively correlated with formal training in both regions, but the finding is more robust for the Middle East and North Africa. These findings imply significant heterogeneity across regions in the determinants of formal training, suggesting that policies should be context specific
    Note: Middle East and North Africa , English
    Language: English
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  • 3
    Online Resource
    Online Resource
    Washington, DC : World Bank
    UID:
    gbv_189237496X
    Format: 1 Online-Ressource
    Series Statement: Policy Research Working Paper 10684
    Content: Better managed firms perform better. Existing evidence has shown that family-managed firms have poorer management practices. Several reasons have been proposed. Limiting to family members reduces the talent pool of potential managers. Family management creates disincentives for other talented workers given that the environment is not meritocratic. Family managers themselves may be less motivated given that they may not have to compete for the position. This study scales up the evidence by exploring the relationship between family managers and management practices for about 9,000 medium and large firms across 41 developing and advanced economies. The study contributes to the literature by investigating several internal and external operating factors that attenuate or accentuate the relationship between family management and the quality of management practices. The engagement of governments in terms of corruption and political connections is found to be influential
    Note: English
    Language: English
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  • 4
    UID:
    gbv_1892393166
    Format: 1 Online-Ressource
    Series Statement: Policy Research Working Papers 10406
    Content: This paper examines the role of a country's data transparency in explaining gross domestic product growth forecast errors. It reports four sets of results that have not been previously reported in the existing literature. First, forecast errors-the difference between forecasted and realized gross domestic product growth-are large. Globally, between 2010 and 2020, the average same-year forecast error was 1.3 percentage points for the World Bank's forecasts published in January of each year, and 1.5 percentage points for the International Monetary Fund's January forecasts. Second, the Middle East and North Africa region has the largest forecast errors compared to other regions. Third, data capacity and transparency significantly explain forecast errors. On average, an improvement in a country's Statistical Capacity Index, a measure of data capacity and transparency, is associated with a decline in absolute forecast errors. A one standard deviation increase in the log of the Statistical Capacity Index is associated with a decline in absolute forecast errors by 0.44 percentage point for World Bank forecasts and 0.49 percentage point for International Monetary Fund forecasts. The results are robust to a battery of control variables and robustness checks. Fourth, the role of the overall data ecosystem, not just those elements related to gross domestic product growth forecasting, is important for the accuracy of gross domestic product growth forecasts. Finally, gross domestic product growth forecasts from the World Bank are more accurate and less optimistic than those from the International Monetary Fund and the private sector
    Note: English , en
    Language: English
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  • 5
    UID:
    gbv_1892377675
    Format: 1 Online-Ressource
    ISBN: 9781464819742 , 9781464819759
    Series Statement: MENA Economic Update April 2023
    Content: Growth is forecasted to slow down for the Middle East and North Africa region. The war in Ukraine in 2022 exacerbated inflationary pressures as the world recovered from the COVID 19 pandemic induced recession. The response by central banks to raise rates to curb inflation is slowing economic activity, while rising food prices are making it difficult for families to put meals on the table. Inflation, when it stems from food prices, hits the poor harder than the rich, thus compounding food insecurity in MENA that had been rising over decades. The immediate effects of food insecurity can be a devastating loss of life, but even temporary increases in food prices can cause long-term irreversible damages, especially to children. The rise in food prices due to the war in Ukraine may have altered the destinies of hundreds of thousands of children in the region, setting them on paths to limited prosperity. Food insecurity imposes challenges to a region where the state of child nutrition and health were inadequate before the shocks from the COVID-19 pandemic. The report discusses policy options and highlights the need for data to guide effective decision making
    Content: La croissance devrait ralentir dans la région du Moyen-Orient et de l'Afrique du Nord. La guerre en Ukraine en 2022 a exacerbé les pressions inflationnistes alors que le monde se remettait de la récession induite par la pandémie COVID 19. La réaction des banques centrales, consistant à relever les taux pour freiner l'inflation, ralentit l'activité économique, tandis que les prix des produits alimentaires augmentent tellement que les familles ont du mal à se nourrir. L'inflation, lorsqu'elle découle des prix des denrées alimentaires, frappe plus durement les pauvres que les riches, aggravant ainsi l'insécurité alimentaire dans la région MENA, qui augmente depuis des décennies. Les effets immédiats de l'insécurité alimentaire peuvent causer des pertes de vie dévastatrices, mais même des augmentations temporaires des prix des denrées alimentaires peuvent causer des dommages irréversibles à long terme, en particulier pour les enfants. La hausse des prix des denrées alimentaires due à la guerre en Ukraine a peut-être perturbé le destin de centaines de milliers d'enfants dans la région et a limité leurs perspectives de prospérité. L'insécurité alimentaire pose des défis dans une région où l'état de la nutrition et de la santé des enfants était inadéquat avant les chocs de la pandémie de COVID-19. Le rapport examine les options de politiques publiques et souligne le besoin de données pour guider une prise de décision efficace
    Note: en_US
    Language: English
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