Sep 19, 2019Risk category classifies customers according to the level of risk. Along with the document type, the risk category helps to determine which kind of credit check Risk Category assigned in credit control areaRisk Mgmnt COnfiguration stepsRisk Category in FSCMRisk Category in FD32More results from answers.sap.com
Sep 19, 2019Risk category classifies customers according to the level of risk. Along with the document type, the risk category helps to determine which kind of credit check Risk Category assigned in credit control areaRisk Mgmnt COnfiguration stepsRisk Category in FD32Risk Category in FSCMMore results from answers.sap.com
During the post-war period, many leaders of the MENA region enacted an economic growth model based on import substitution industrialization, in which the state intervened heavily in the public and private sectors to enhance economic growth.
The quality of the reforms was largely dependent on the quality of the political regimes in place.
By the 1970s, corruption and rigidities in the public sector, as well as global economic developments, halted economic growth.
In the 1980s, MENA countries began to adopt neoliberal Structural Adjustment Packages (SAP) which advocated for open markets and the removal of trade barriers.
Market deregulations, Public-Private Partnerships (PPPs), and opening the region up to the world market facilitated enormous economic and social transformations that defined MENA’s last four decades.
While neoliberalist policies succeeded in generating significant economic growth, they left much of MENA’s population unemployed.
This sparked repeated social unrest which, in turn, was counteracted by the rise of authoritarian dictators that were supported by the IMF and World Bank.
As such, neoliberalism’s effects on MENA continue to be a widely disputed and controversial subject that has undoubtedly left a large mark on the region.
