Hoekman, Bernard - C.E.P.R. Discussion Papers - 1995
A basic tenet of economic reform efforts in much of the Middle East and North Africa region has been gradualism …. Partial and slow reform has led to a lack of credibility, limiting private sector supply response. The creation of the World … frameworks that can greatly enhance the credibility of a gradual reform strategy. Neither option is a panacea, however, and much …