Proceedings of the Middle East Economic Association

2012 Proceedings of the Middle East Economic Association

Selected papers presented in the
32th International Conference of MEEA in Chicago, IL, January 5-7, 2012 and in the
Tenth International Summer Meeting Barcelona, Spain, June 23-24, 2011

Copyright License Agreement

Presentation of the articles in the Topics in Middle Eastern and North African Economies was made possible by a limited license granted to Loyola University Chicago and Middle East Economics Association from the authors who have retained all copyrights in the articles. The articles in this volume shall be cited as follows: (authors/title)Topics in Middle Eastern and North African Economies, electronic journal, Volume 14, Middle East Economic Association and Loyola University Chicago, September, 2012, http://www.luc.edu/orgs/meea/

ISSN: 2334-282X


Editor of Electronic Journal
E. Mine Cinar, Loyola University Chicago

Research Associate
Urvish Pandya, Loyola University Chicago

Editorial Advisory Board for Volume 14
Hassan Aly, Ohio State University and African Development Bank
Sohrab Behdad, Denison University
Fatma Dogruel, Marmara University
Guzin Erlat, Middle East Technical University
Hadi Esfahani, University of Illinois, Urbana-Champaign
Nathalie Hilmi, Centre Scientifique de Monaco
Bassem Kamar, International University of Monaco
Fatemeh Moghadam, Hofstra University
Jeffrey Nugent, University of Southern California
Serdar Sayan, TOBB University
Edward Sayre, University of Southern Mississippi
Mehmet Tosun, University of Nevada, Reno
Tarik M. Yousef, Silatec, Qatar


Topics in Middle Eastern and North African Economies - Volume 14

The Arab Spring in the MENA Region: it is not the economy!
José García Montalvo Academic Director, CREMed and Professor of Economics, Universitat Pompeu Fabra
Invited Speaker, Tenth International Summer Meeting Barcelona, Spain, June 23-24, 2011

The Sustainability of Economic Growth in Abu Dhabi – a Dynamic CGE Approach
Bram Smeets, EcoMod, Brussels and University Libre de Bruxelles
Ali Bayar, EcoMod, Brussels (President), University Libre de Bruxelles (Professor), and ERF

The Impact of Workers' Remittances on Macro Indicators:The case of the Gulf Cooperation Council
Dr Majid Taghavi, Biz4cast.com

They Should Not Emerge, But They Do! Development Of The Generic Pharmaceutical Industry In Syria And Bangladesh
Sebastian Alexander, University of Leipzig
Md. Noor Un Nabi, University of Leipzig
Utz Dornberger, University of Leipzig

Determinants of Private Saving and Interaction Between Public & Private Savings in Turkey
Eser Pirgan Matur, Ali Sabuncu, Sema Bahçeci
General Directorate of Economic Modeling and Strategic Research, T.R. Ministry of Development

Child Labor Supply in Palestine: Trends and Perspectives
Issam Abu-Ghallous, The University of Southern Mississippi

Assessing the preliminary impacts of the Libya's crisis on the Tunisian economy
Emanuele Santi, Principal Country Economist, North Africa Regional Department, African Development Bank (AFDB)
Saoussen Ben Romdhane, University of Kairouan and Consultant, North Africa Regional Department, African Development Bank (AFDB)
and Mohamed Safouane Ben Aïssa, Professor at University of Tunis and consultant, Statistics Department, African Development Bank (AFDB)

How Does Stability in Financial Openness Affect Growth?
Erhan Aslanoglu, Marmara University, Turkey
Pinar Deniz, Marmara University, Turkey

Islamic Finance and Global Financial Crises: How to Keep Finance on Track?
Ayman Zerban, College of Business Administration, Arab Academy for Science and Technology and Maritime Transport
Eslam H. Elkady, Graduate School of Business, Arab Academy for Science and Technology and Maritime Transport
Rafik F. Omar, Graduate School of Business, Arab Academy for Science and Technology and Maritime Transport

A Study of the Socioeconomic Determinants of the Performance of the New Lands Cooperatives
Dr. Ashraf S.E. Saleh, Arab Academy for Science and Technology

The Impact of Climate Change on Coastal Tourism in MENA Countries.
Alain Safa, IPAG Lab and University of Nice-Sophia-Antipolis
Nathalie Hilmi IAEA, Environment Laboratories and Centre Scientifique de Monaco

Environmental Performance of Developing Countries: A Comparative Study
Salpie Djoundourian, Lebanese American University

The Impact of Broadband Infrastructure on Economic Growth in Some Arab and Emerging Countries
Mona Farid Badran, Faculty of Economics and Political Science, Cairo University

Can Productivity Increases Really Explain The Lira Appreciation: Questions For The Central Bank Of The Republic Of Turkey
Kenan Lopcua, Almila Burgacb and Fikret Dulger, Çukurova University, Turkey

Diversifications in Turkish Industry and Trade
A. Suut Dogruel and Fatma Dogruel, Marmara University, Turkey

Effects of Structural Changes in the Turkish Banking Sector Since 2001 Crisis and a Risk Analysis for the Sector
Kenan Lopcu and Süleyman Bilgin Kilic, Cukurova University Turkey

Quantification of the Relationship Poverty-Education in Algeria: A Multinomial Econometric Approach
Samir B-E. Maliki, Abderrezak Benhabib and Abdelnacer Boutedja, University of Tlemcen, Laboratory MECAS, Algeria

Youth Unemployment in Tunisia: Characteristics and Policy Responses
IIham Haouas, Abu Dhabi University
Edward Sayre, University of Southern Mississippi
and Mahmoud Yagoubi, Université Paris Ianthéon-Sorbonne

Coral Reefs and Tourism in Egypt's Red Sea
Nathalie Hilmi, International Atomic Energy Agency, Environment Laboratories
Alain Safa, IPAG Lab
Stéphanie Reynaud and Denis Allemand, Centre Scientifique de Monaco

Economic Development in the Southern Mediterranean Countries through Population Growth and International Trade: A Comparative Focus
Wai Mun Hong, Master en Relaciones y Seguridad Internacionales: Geoeconomía y Geopolítica (MERIGG)
Alejandro Lorca, Jean Monnet Chair
Eva Medina, (MERIGG),Universidad Autónoma de Madrid

Forecasting Energy Demand in Jordan Using Artificial Neural Networks
Bassam M. AbuAl-Foul
Economics Department
American University of Sharjah






E. Mine Cinar / Economics, School of Business Administration / Loyola University Chicago


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ISSN: 2334-282X