Nuova globalizzazione,ruolo dello Stato e investimenti stranieri nei paesi in via di sviluppo. Il caso MENA.

The Middle East and North Africa region is facing the challenge of new globalization through the transnational flow of goods, services,investments and new production factors. Considering the nature of the various problems generated by the attempt to adapt the region's economic systems to the new world order,it is possible to argue that the response to globalization in the MENA area has been defensive,as political elites have tried to temper the potential ,in various ways,impact of the process on its political-economic structures. However,these globalization forces cannot be contained or managed by the ruling elites, as the national governments themselves are subject to the market and have now become competing joint stock companies. The exporting countries have thus intensified their efforts towards an economic structural reform,reducing expenses in the face of lowering oil revenues,reducing the flow of investments and focusing on increasing the revenues deriving from the trade of non-oil products. The development of the financial intermediation system,the liberalization of foreign trade are among the main elements for harmonizing the internal structure with the new market economy.