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on MENA - Middle East and North Africa |
| By: | Gunduz, Lokman; Genc, Ismail H.; Aysan, Ahmet Faruk |
| Abstract: | Citizenship by investment (CBI) programs have recently garnered significant academic and media attention. Turkey introduced such a program in 2017 that offers citizenship in exchange for investment in residential property. Eventually, thousands of foreigners, mainly from the Middle East and Asia have purchased houses, particularly in Istanbul. Foreigners’ share in total houses sold in Istanbul almost sextupled and exceeded 10 percent of total sales. This study estimates the short-run impact of relatively wealthy foreigners on the residential property prices in Istanbul to buy a Turkish passport. It finds that the Turkish CBI program positively impacts house prices by two percent in the districts, which are likely to be favored most by immigrant investors. |
| Keywords: | Citizenship by investment program; house prices; immigration; Istanbul |
| JEL: | A1 O1 O15 |
| Date: | 2021–05–07 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:110028&r= |
| By: | Serag, Eman; Ibrahim, Fatma; El Araby, Zainab; Abd El Latif, Mona; El Sarawy, Mahmoud; El Zaabalawy, Dalia; El Dib, Saad Allah; Salem, Kotb; Breisinger, Clemens; Raouf, Mariam |
| Abstract: | The Central Agency for Public Mobilization and Statistics (CAPMAS) is pleased to present an updated social accounting matrix (SAM) for Egypt. This SAM combines information from national datasets from many institutions, including the Central Bank, the Ministries of Finance and Agriculture, and various statistical bureaus. It also makes extensive use of data from the Economic Survey and Household Income and Expenditure Survey (HIECS), which is produced by CAPMAS. With this data it becomes possible to provide a detailed update of the socioeconomic status of Egypt. The SAM also allows for more timely analysis of developmental issues and a better understanding the potential economic impacts of policy changes. The SAM is the main dataset used for economywide modelling of policy scenarios and simulations. Such modeling has proven to be a powerful evidence-based analytical tool for informing policy making and for assessing the impact of different policy interventions, especially during the COVID-19 crisis. |
| Keywords: | EGYPT, ARAB COUNTRIES, MIDDLE EAST, NORTH AFRICA, AFRICA, commodities, activities, models, policies, commodities, agricultural products, households, data, Social Accounting Matrix (SAM) |
| Date: | 2021 |
| URL: | http://d.repec.org/n?u=RePEc:fpr:menawp:35&r= |
| By: | Perez, Nicostrato D.; Kassim, Yumna; Ringler, Claudia; Thomas, Timothy S.; ElDidi, Hagar; Breisinger, Clemens |
| Abstract: | The importance of a resilient agriculture sector in providing food security, livelihoods, and household income was highlighted in many countries by the recent pandemic, as was the capacity of the sector to cushion the negative impacts of the subsequent economic slowdown. This has been the case in Egypt, where agriculture has been resilient to the health crisis in comparison with the service and industry sectors (Breisinger et al. 2020). However, the sector’s resiliency is gradually being corroded by climate change, with lasting, harmful effects for agriculture and food systems. |
| Keywords: | EGYPT; ARAB COUNTRIES; MIDDLE EAST; NORTH AFRICA; AFRICA; climate change; climate; resilience; food security; policies; agricultural sector; agricultural productivity; |
| Date: | 2021 |
| URL: | http://d.repec.org/n?u=RePEc:fpr:fprepo:9780896294189&r= |
| By: | Uzuntepe, Beren |
| Abstract: | Emerging and gaining significance due to the widespread use of the Internet and the power of social media, crowdfunding, via crowdfunding platforms, provides entrepreneurs with creative business ideas with the opportunity to reach extensive masses and to be able to directly access the financial resources that their projects require. Even though the interest in crowdfunding rises, the literature seems to lack enough research about these platforms. Addressing the platforms that bring together the entrepreneurs and the backers, this research aims to compare the reward-based crowdfunding platforms operating in Turkey with the international crowdfunding platforms. Containing the categories of technology and movie/video, this research discusses the differences between the most prominent crowdfunding platforms in the two countries. The findings of the research constitute importance due to the fact that it shows the way to the entrepreneurs, crowdfunding platforms, and backers while making their decisions, encourages participation in the campaigns, and sheds light on other studies about the subject. |
| Keywords: | Keywords: Crowdfunding, Entrepreneurial Finance, Online Platform, Reward Based Crowdfunding, KIA |
| JEL: | G2 G24 G3 G32 L2 L26 M1 M13 O3 O30 O34 P3 P34 P35 |
| Date: | 2021 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:109966&r= |
| By: | Ertugrul, H. Murat; Güngör, B. Oray; Soytas, Ugur |
| Abstract: | We analyze the effect of the COVID-19 outbreak on volatility dynamics of the Turkish diesel market. We observe that a high volatility pattern starts around mid-April, 2020 and reaches its peak on 24/05/2020. This is due to the government imposed weekend curfews and bans on intercity travels. Two policy suggestions are provided. First is a temporary rearrangement of profit margins of dealers and liquid fuel distributors; and, second is a temporary tax regulation to compensate lost tax revenue. |
| Keywords: | Diesel Consumption, ARIMA Models, ARCH Family Models, Covid-19 pandemic |
| JEL: | C10 Q43 Q47 |
| Date: | 2020 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:110166&r= |
| By: | ITF |
| Abstract: | This paper reviews opportunities and challenges for mitigating greenhouse gas emissions from Morocco’s transport sector. It provides an overview of the transport system and reviews the country’s existing policies and future plans for reducing CO2 emissions from transport. The paper also provides an overview of the data on transport activity and emissions available for Morocco, and the tools used by government agencies for assessing them. Finally, it proposes options for further action in the context of ITF’s “Decarbonising Transport in Emerging Economies” (DTEE) project |
| Date: | 2021–03–17 |
| URL: | http://d.repec.org/n?u=RePEc:oec:itfaac:89-en&r= |
| By: | Tandon, Sharad; D'Souza, Anna; Favari, Eliana; Krishnaswamy, Siddharth |
| Keywords: | Labor and Human Capital, Food Consumption/Nutrition/Food Safety, International Development |
| Date: | 2021–08 |
| URL: | http://d.repec.org/n?u=RePEc:ags:aaea21:314055&r= |