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Publications (12)
Working Paper
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The effects of climate change in Turkey are expected to be significant. The aim of this paper is to quantify the effects of climate change on the overall economy by using an integrated framework incorporating a computable general equilibrium model and a crop water requirement model for the period...
Working Paper
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– A Worldwide Analysis with Emphasis on Morocco and Turkey
This paper examines the interaction of globalization through trade liberalization and climate change, globally with a special focus on Morocco and Turkey. We use the GTAP model, which is a global general equilibrium model, to investigate trade liberalization welfare impacts under climate change, and...
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– An Analysis of Climate Forecasts and their Link to Agriculture
Alterations in rainfall patterns and increasing temperatures due to climate change will most likely translate into yield reductions in desirable crops. In this particular context, the object of this paper is to lay down findings and results for projected yield impacts in Morocco using a well-tested...
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– An Analysis of the Impacts of the Plan Maroc Vert in Morocco
The paper provides estimates of economic impacts of climate change, compares these with historical impacts of drought spells, and estimates the extent to which the current Moroccan agricultural development and investment strategy, the Plan Maroc Vert, helps in agricultural adaptation to climate...
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The Middle East and North Africa (MENA) region is particularly vulnerable to climate change. The severity of climate-change impacts is related to the geographic and ecological particularity of the region. The majority of countries in the MENA region belong to the hydraulic poor regions located...
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The impact of climate change on agriculture and poor groups’ livelihoods are one of the greatest potential threats to development and a key challenge in climate change agenda. The North Africa region is particularly vulnerable to climate change due to geographic and ecological features. The...
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This paper calls for a fresh look at industrial policies in the light of recent trends and developments in the global economy. In particular, five new challenges and their implications for industrial policies are discussed. These have been neglected in the debate on industrial policy and include (i)...
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The abundance of private capital flows confronts many emerging-market authorities with a transfer problem. They must decide whether to accept or resist the net capital inflow, or how much to accept and how much to resist. This paper aims at assisting that decision by focusing on the rationale, the...
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This paper analyses in depth the causes of the Mexican peso crisis, so as to learn relevant lessons for similar crisis occurring in other developing or transitional economies. The study follows a relatively chronological order, examining first the apparently golden period, when Mexico was acclaimed...
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The emergence of a select group of developing countries as destinations for private portfolio investment in the 1990s (and the subsequent peso crisis in Mexico in 1994) has rekindled the old issues about the responsibilities and capacities public authorities have with regard to managing the...
Working Paper
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– Are There Any Lessons?
We have now witnessed more than half a decade of relatively heavy capital inflows to a large group of highly heterogeneous developing countries and economies in transition in Asia, Eastern Europe, the Former Soviet Union, Latin America, and parts of Africa and the Middle East—in effect, we have...
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This paper discusses the process, problems and impacts of the financial sector reform in Indonesia, particularly since the late 1980s. The reform has encouraged a surge in private sector capital inflows to supplement the already high domestic savings for financial investment and consumption...
Displaying 12 of 12 results