• Title/Summary/Keyword: Middle East and North Africa

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Growth Rate and Volatility of Exports by Continent & Future Growth potential Analysis (대륙별 수출액의 상승률과 변동성 및 향후 성장 가능성 분석)

  • Choi, Soo-Ho;Choi, Jeong-II
    • The Journal of the Korea Contents Association
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    • v.17 no.11
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    • pp.192-199
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    • 2017
  • The purpose of this paper is to examine the growth trends and volatility of exports in Asia, North America, Europe, Central and South America, Middle East and Africa since 2010. And analyze the correlation and model analysis to find out future directions of development. As a result of the analysis, it showed high export share in Asia, North America, Europe, Central and South America, Middle East and Africa. Asia, North America, Europe showed a relatively high rate of increase in exports and the month-on-month rate of change was stable in Asia and North America. In order to increase our exports through this research, we should pay much attention to export improvement to Asia, North America and Europe. Especially, Asia's exports account for more than 50%, so it seems necessary to plan export enhancement to China, Japan, Vietnam, Hong Kong, Taiwan and India. Although the proportion of exports is not large yet, much attention needs to be paid to new markets in Central and South America, the Middle East and Africa. And I look forward to systematic progress in export promotion.

Legal Stability and Determinants of Insurance Development in the Middle East and North Africa Region (MENA)

  • BEN DHIAB, Lassad;DKHILI, Hichem
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.141-149
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    • 2022
  • Despite the importance of the insurance business for financial and economic development, few studies have looked at the factors that influence its growth. This research adds to the body of knowledge by empirically examining the impact of numerous factors on the development of the insurance business in 15 Middle East and North African (MENA) countries from 2000 to 2017. The study looks at macroeconomic, demographic, and institutional factors as potential drivers of the insurance industry's growth, with the insurance premium as a percentage of GDP as the dependent variable. All variables are stationary at the first difference, according to the IPS panel unit root test. The Pedroni residual cointegration test, Kao residual cointegration test, and Johansen-Fisher panel cointegration tests are then used to look for long-run associations. The cointegration tests strongly suggest that the insurance premium and the various variables have long-run correlations. Findings from the Fully-Modified OLS imply that GDP per capita, gross capital formation, and the KOF economic globalization index have a positive long-term impact on the insurance business. The insurance business is also driven by combating corruption and the rule of law. The population and regulatory quality, on the other hand, have no significant impact.

ON THE DETERMINANTS OF ENTREPRENEURSHIP IN MIDDLE EAST AND NORTH AFRICA

  • Zmami, Mourad;Salha, Ousama Ben
    • International Journal of Computer Science & Network Security
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    • v.21 no.2
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    • pp.181-187
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    • 2021
  • The purpose of this study is to examine empirically the short- and long-run determinants of entrepreneurial activity in a sample of 15 the Middle East and North African economies between 2006 and 2018. More specifically, four groups of determinants are considered in the analysis, namely economic, demographic, business environment, and institutional. Given the autoregressive feature of the entrepreneurial activity process, a dynamic panel data model is estimated using the system GMM estimator. Findings reveal that unemployment, trade openness, population density, and economic freedom are the main drivers of new business creation in the short-run, while the cost and number of procedures to start a new business negatively affect entrepreneurship. In the long-run, the same findings hold true. Moreover, education and political stability and the absence of violence/terrorism positively affect entrepreneurial activity. Policy recommendations are accordingly designed.

Genetic Characterization of Indigenous Goats of Sub-saharan Africa Using Microsatellite DNA Markers

  • Chenyambuga, S.W.;Hanotte, O.;Hirbo, J.;Watts, P.C.;Kemp, S.J.;Kifaro, G.C.;Gwakisa, P.S.;Petersen, P.H.;Rege, J.E.O.
    • Asian-Australasian Journal of Animal Sciences
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    • v.17 no.4
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    • pp.445-452
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    • 2004
  • Genetic diversity of sub-Saharan African goats was assessed using 19 microsatellite markers. Breeds were sampled from eastern Africa (Maasai, Kigezi, Mubende, North West Highland, Arsi-Bale), southern Africa (Ndebele, Pafuri) and West Africa (West African Dwarf, Maure, Djallonke). European breeds (Grisons Striped, Toggenburg), Asian breeds (Mongolian Cashmere, Bandipur) and a Middle East breed (Arab) were also included. The mean number of alleles per locus and average gene diversity ranged from 5.26$\pm$0.464 (Djallonke) to 7.05$\pm$0.516 (Mubende) and from 0.542$\pm$0.036 (Pafuri) to 0.672$\pm$0.031 (Ndebele), respectively. The between breeds variation evaluated using $$G_{ST}$$ and $\theta$ were found to account for 14.6% ($\theta$) and 15.7% ($$G_{ST}$$) of the total genetic variation. The $D_{A}$ measure of genetic distance between pairs of breeds indicated that the largest genetic distance was between Pafuri and Djallonke while the lowest genetic distance was between Arsi-Bale and North West Highland. A neighbour-joining tree of breed relationships revealed that the breeds were grouped according to their geographic origins. Principal component analysis supported the grouping of the breeds according to their geographic origins. It was concluded that the relationships of sub-Saharan African goat breeds were according to their geographical locations implying that the goats of eastern Africa, West Africa and southern Africa are genetically distinct. Within each sub-region, goat populations could be differentiated according to morphological characteristics.

Physicians' Understanding of Nutritional Factors Determining Brain Development and Cognition in the Middle East and Africa

  • Vandenplas, Yvan;Rakhecha, Aditya;Edris, Amira;Shaaban, Bassel;Tawfik, Eslam;Bashiri, Fahad A.;AlAql, Fahd;Alsabea, Hassan;Haddad, Joseph;Barbary, Mohammed El;Salah, Mohamed;Abouelyazid, Mohamed;Kumar, Mudit;Alsaad, Sulaiman
    • Pediatric Gastroenterology, Hepatology & Nutrition
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    • v.22 no.6
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    • pp.536-544
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    • 2019
  • Purpose: Proper nutrition is essential for brain development during infancy, contributing to the continued development of cognitive, motor, and socio-emotional skills throughout life. Considering the insufficient published data in the Middle East and North Africa, experts drafted a questionnaire to assess the opinions and knowledge of physicians on the impact of nutrition on brain development and cognition in early life. Methods: The questionnaire consisted of two parts: The first focused on the responders' demographic and professional characteristics and the second questioned the role of nutrition in brain development and cognition. Descriptive statistics were used to summarize respondents' characteristics and their responses to questions. Results: A total of 1,500 questionnaires were distributed; 994 physicians responded. The majority of the surveyed physicians (64.4%) felt that nutrition impacts brain development in early childhood (0-4 years), with almost 90% of physicians agreeing/strongly agreeing that preventing iron, zinc, and iodine deficiency would improve global intelligence quotient. The majority of physicians (83%) agreed that head circumference was the most important measure of brain development. The majority of physicians (68.9%) responded that the period from the last trimester until 18 months postdelivery was crucial for brain growth and neurodevelopment, with 76.8% believing that infants breast-fed by vegan mothers have an increased risk of impaired brain development. Conclusion: The results of this study show that practicing physicians significantly agree that nutrition plays an important role in brain and cognitive development and function in early childhood, particularly during the last trimester until 18 months postdelivery.

Trends in markets for home meal replacamnets (가정간편식의 시장 동향 분석)

  • Kim, Young-Wan
    • Food Science and Industry
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    • v.50 no.1
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    • pp.57-66
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    • 2017
  • Home meal replacements (HMR) are kinds of convenient foods as cooked or semi-cooked foods, which are produced outside of home, to eat directly or after simple cooking in substitution for traditional home meals. Recently the market size for HMR is expanding rapidly around the world due to the changes of global consumer trends, growth of single-person household, increase in economic participation of women, aging population, and so on. The Europe takes over 52.4% of the global market share for HMR in global HMR market, and North America, Asia-Pacific, and Africa-Middle East are following. The most popular HMR products in US and Europe are frozen foods, whereas the market share of chilled products in Asia including Japan, South Korea, and Vietnam are much higher than that in US and Europe. Currently, the trends in HMR is focus on the expansion of the list of products that replace for meals with simple cooking, but it is expected that nutrition-enforced HMR product for aged persons or patients who live alone are requested for the further growth of the HMR market.

Scenario for sudden change in North Korea! : Comparing North Korea with countries of Jasmine Revolution (북한 급변사태 시나리오 I : 재스민혁명 국가들과 북한의 비교를 중심으로)

  • Lee, Dae Sung
    • Convergence Security Journal
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    • v.17 no.1
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    • pp.63-68
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    • 2017
  • The Jasmine Revolution started from Tunisia in January 2011 has brought many changes into countries in North Africa and Middle East. We need to study the causes of the revolution. First, the kings and dictators in those countries oppressed the opposition parties and the media aiming for long-term seizure of power. The power concentrated on specific people produced illegalities and corruption. Secondly, most of the national income of those countries belonged to kings and dictators producing problems during the distribution of the income. Especially, with the decrease of oil price in 1990s and the increase of the price of daily necessities in 2000s people lost their credits on their governments. Lastly, the number of people in those countries using the Internet has increased by 4,863% from 2000 to 2010. The expansion of social network services such as Facebook and Twitter was one of factors that made the information control by those countries difficult. We should think about the possibility of sudden change in North Korea. It is necessary to compare and analyze the political, economic and social characteristics between those countries and North Korea. It shouldn't be just a simple comparison or analysis. It should provide basic data for objective and quantified index development in relation to sudden change in North Korea.

North Korea's sudden change scenario 2 : Focusing on the cases of Jasmine revolution countries (북한의 급변사태 시나리오 2 : 재스민혁명 국가들의 사례분석을 중심으로)

  • Lee, Dae Sung
    • Convergence Security Journal
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    • v.17 no.4
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    • pp.47-52
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    • 2017
  • The wave of democratization that started in southern Europe spread to South America and Asia, dismantling the Soviet Union and Eastern European countries and appeared as a Jasmine revolution in countries of North Africa and the Middle East. As a result, many scholars have actively carried out researches related to the sudden change of North Korea, while taking a cautious view that the Jasmine Revolution might occur in North Korea. The focuses of the studies were on the cause and timing of the sudden change and the main forces of the revolution in North Korea. There weren't enough discussions on how the process will be developed and whether there will be a system change. In this study, based on the results of analyzing the systematic changes of the Jasmine revolution nations, it suggested five scenarios that can be developed after the sudden change of North Korea. Scenario type I: Relatively peaceful and the possibility of regime change, Scenario type II: Reunification and then civil war, Scenario type III: Regime changed but one of Kim Il Sung family grabbing the power, Scenario type IV: Successful regime change but civil war happening, Scenario type V: Regime change failed and civil war continuing.

The Impact of the Bank Regulation and Supervision on the Efficiency of Islamic Banks

  • MOHD NOOR, Nor Halida Haziaton;BAKRI, Mohammed Hariri;WAN YUSOF, Wan Yusrol Rizal;MOHD NOOR, Nor Raihana Asmar;ZAINAL, Nurazilah
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.747-757
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    • 2020
  • This study investigates the impact of bank regulation and supervision on the efficiency of banking sectors on 108 Islamic banks from 26 countries offering Islamic banking and finance products and services. The technical efficiencies of individual Islamic banks have been analyzed using the data envelopment analysis method (DEA). The ordinary least square estimation method is employed to examine the impact of country supervision and regulation on the technical efficiency of Islamic banks. The empirical findings suggest that supervisory power, activity restrictions and private monitoring positively influence the efficiency of Islamic banks. The study revealed that Islamic banks that are operating in Middle East and North Africa (MENA) and middle-income countries are more technically efficient given the less stringent rules on capital requirement and we found that there is statistically significant evidence that higher capital requirements are negatively associated with the efficiency of Islamic banks. The empirical findings of this study are expected to help policy-makers and government officials to better understand how their decisions affect the performance.