The MENA Region and the Crises : An Interview with MNA Vice-President Shamshad Akhtar
To Middle East and North Africa (MENA) is a fascinating landscape. It is regrettable that the region is often in the headlines for all the wrong reasons. It's perceived as a place of endless conflict, where people live in fear and private inve...
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| Format: | Brief |
| Language: | English |
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Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2009/11/11419549/mena-region-crises-interview-mna-vice-president-shamshad-akhtar http://hdl.handle.net/10986/10961 |
| Summary: | To Middle East and North Africa (MENA)
is a fascinating landscape. It is regrettable that the
region is often in the headlines for all the wrong reasons.
It's perceived as a place of endless conflict, where
people live in fear and private investors shy away, some say
the region is a closed society and is not open to
integration etc. On the contrary, the MENA is a region of
real economic, social and cultural achievements, both
historically and in present times. The region has great
potential that is being now unleashed and holds promise for
a great future. As the World Bank Group, work closely with
partners including all countries and regional institutions
to assist in mitigating crisis and its impacts, while
encouraging broadening and deepening of economic reforms to
create productive jobs, and make the region more
entrepreneurial and quick to seize opportunities in the
regional and global economy. In conclusion, let me repeat
that the MENA region has weathered the triple crisis well so
far, but the crisis presents an immediate danger of rising
unemployment and a resurgence of poverty, and highlights the
urgency of deepening the structural reforms needed to
address MENA's critical long term development
challenges, namely the creation of productive private sector
jobs for a growing labor force and the management of scarce
common resources, especially water. |
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