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This important and well-researched book examines the challenges to private sector growth in twelve Middle East and North African (MENA) countries, assessing comparative performance against a number of indicators and focussing on the special role of SMEs and entrepreneurial activity. Lois Stevenson highlights the variation among countries in private sector dynamism and performance, the major government policy initiatives supporting private sector and SME activity in each country, and the perspectives of government officials, researchers, and other stakeholders on research, policy and institutional capacity needs. The author concludes with a framework for guiding a comprehensive set of policies and strategies to unleash the potential of entrepreneurship as a platform for future private sector growth. Private Sector and Enterprise Development will be an invaluable resource for the policymaking, research and donor communities, stakeholders involved in building capacity in PSD and SME policy development, and scholars interested in entrepreneurship and development in the MENA region.
Lois Stevenson, Visiting Research Fellow, International Development Research Centre, Cairo, Egypt
Contents: Preface Part I: Context, Challenges and Priorities 1. Private Sector Development: Context and Framework 2. Introduction to the MENA-12 Country Context 3. Economic Growth Challenges 4. SME and Entrepreneurship Challenge 5. MENA Countries, the Market Economy and the Environment for Private Sector Development 6. Policy, Research and Capacity Issues 7. Entrepreneurship: A Platform for Future Private Sector Growth Part II: Profiles of the 12 MENA Countries 8. Profiles of More Dynamic PSD Environments 9. Profiles of Less Dynamic PSD Environments References Index
‘Stevenson’s book is valuable for the amount of information it has on the current economic situation in the MENA region. It sheds much light on the economic policies in place there and on the various economic problems that the region is facing and will face in the future.’