IMF: Regional Economic Outlook Update – Middle East and Central Asia

Acknowledgments The Middle East and Central Asia Regional Economic Outlook (REO) Update is prepared each spring by the IMF’s Middle East and Central Asia Department (MCD). The analysis and projections contained in the MCD REO are integral elements of the department’s surveillance of economic developments and policies in member countries. It draws primarily on information gat

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James Baker’s Double Life – Bush’s special envoy has a private interest in Iraqi debt, documents reveal. By Naomi Klein *

When President Bush appointed former Secretary of State James Baker III as his envoy on Iraq’s debt on December 5, 2003, he called Baker’s job “a noble mission.” At the time, there was widespread concern about whether Baker’s extensive business dealings in the Middle East would compromise that mission, which is to meet with heads of state and persuade them to forgive the debts

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Estimating the Economic Benefits of Levant Integration. By Daniel Egel, Andrew Parasiliti, Charles P. Ries, Dori Walker

Economic integration in the Levant — in the form of a comprehensive free trade agreement (FTA) that eliminates tariffs, lowers investment and nontariff barriers, and waives visa requirements — could increase the average gross domestic product of the Levant nations by 3–7 percent. This economic expansion would likely create at least 0.7 million to 1.7 million additional new jobs

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