Middle East and North Africa Economic Developments and Prospects, January 2011 : Sustaining the Recovery and Looking Beyond

The impact of the global financial and economic crisis on the Middle East and North Africa region was relatively mild. Lack of integration and a large public sector helped insulate the region to some extent, but now these and other factors are slowing down the speed of its economic recovery. The rep...

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Main Author: World Bank
Other Authors: Ianchovichina, Elena
Format: Publication
Language:en_US
Published: Washington, DC 2013
Subjects:
Online Access:http://hdl.handle.net/10986/12438
id okr-10986-12438
recordtype oai_dc
spelling okr-10986-124382021-04-23T14:03:06Z Middle East and North Africa Economic Developments and Prospects, January 2011 : Sustaining the Recovery and Looking Beyond World Bank Ianchovichina, Elena export markets macroeconomic outlook non-oil exports resource dependence technological readiness trade trade barriers NTMs NTBs The impact of the global financial and economic crisis on the Middle East and North Africa region was relatively mild. Lack of integration and a large public sector helped insulate the region to some extent, but now these and other factors are slowing down the speed of its economic recovery. The report examines the major factors threatening the recovery and those that obstruct long-term growth – especially non-oil export growth, which in net terms contributed little to regional growth during the past decade, with non-oil exports remaining below potential in many countries in the region. The report emphasizes several major areas in need of policy makers’ attention, including restrictive trade policies, particularly those affecting trade in services; governance issues linked to uneven application of rules and regulations; inefficient and inflexible labor markets and scarcity of skills, innovation and technological capabilities. 2013-02-20T21:44:13Z 2013-02-20T21:44:13Z 2011-01 978-0-8213-9889-0 http://hdl.handle.net/10986/12438 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Publications & Research :: Publication Middle East and North Africa North Africa Middle East Algeria Bahrain Djibouti Egypt, Arab Republic of Iran, Islamic Republic of Iraq Jordan Kuwait Lebanon Libya Morocco Oman Qatar Saudi Arabia Tunisia United Arab Emirates Yemen, Republic of
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic export markets
macroeconomic outlook
non-oil exports
resource dependence
technological readiness
trade
trade barriers
NTMs
NTBs
spellingShingle export markets
macroeconomic outlook
non-oil exports
resource dependence
technological readiness
trade
trade barriers
NTMs
NTBs
World Bank
Middle East and North Africa Economic Developments and Prospects, January 2011 : Sustaining the Recovery and Looking Beyond
geographic_facet Middle East and North Africa
North Africa
Middle East
Algeria
Bahrain
Djibouti
Egypt, Arab Republic of
Iran, Islamic Republic of
Iraq
Jordan
Kuwait
Lebanon
Libya
Morocco
Oman
Qatar
Saudi Arabia
Tunisia
United Arab Emirates
Yemen, Republic of
description The impact of the global financial and economic crisis on the Middle East and North Africa region was relatively mild. Lack of integration and a large public sector helped insulate the region to some extent, but now these and other factors are slowing down the speed of its economic recovery. The report examines the major factors threatening the recovery and those that obstruct long-term growth – especially non-oil export growth, which in net terms contributed little to regional growth during the past decade, with non-oil exports remaining below potential in many countries in the region. The report emphasizes several major areas in need of policy makers’ attention, including restrictive trade policies, particularly those affecting trade in services; governance issues linked to uneven application of rules and regulations; inefficient and inflexible labor markets and scarcity of skills, innovation and technological capabilities.
author2 Ianchovichina, Elena
author_facet Ianchovichina, Elena
World Bank
format Publications & Research :: Publication
author World Bank
author_sort World Bank
title Middle East and North Africa Economic Developments and Prospects, January 2011 : Sustaining the Recovery and Looking Beyond
title_short Middle East and North Africa Economic Developments and Prospects, January 2011 : Sustaining the Recovery and Looking Beyond
title_full Middle East and North Africa Economic Developments and Prospects, January 2011 : Sustaining the Recovery and Looking Beyond
title_fullStr Middle East and North Africa Economic Developments and Prospects, January 2011 : Sustaining the Recovery and Looking Beyond
title_full_unstemmed Middle East and North Africa Economic Developments and Prospects, January 2011 : Sustaining the Recovery and Looking Beyond
title_sort middle east and north africa economic developments and prospects, january 2011 : sustaining the recovery and looking beyond
publisher Washington, DC
publishDate 2013
url http://hdl.handle.net/10986/12438
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