... growth in selected regions, 1980-2010, annual average, in % Note. LAC – Latin America and Caribbean, MENA – Middle East and North Africa, SSA – Sub-Saharan Africa. Source: IMF WEO database, April ... dominated in several Arab countries in the 1960s and 1970s, especially in Algeria, Egypt, Libya, Syria and Iraq and, to a lesser extent in Tunisia, and was sometimes referred to as Arab socialism, ... of the determinants of inflation suggests that inflation is positively related to fiscal imbalances (hence the importance ofcontaining the large fuel and food sub-sidies that strain many of...