Transforming Arab Economies : Traveling Knowledge and Innovation Road, Overview
Over the past decade, some countries of the Middle East and North Africa region have spurred economic growth and improved their global competitiveness by taking the first steps in the direction of the knowledge economy. The World Bank Group focuses...
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| Format: | General Economy, Macroeconomics and Growth Study |
| Language: | English en_US |
| Published: |
Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2013/09/18539342/transforming-arab-economies-traveling-knowledge-innovation-road-vol-2-2-overview http://hdl.handle.net/10986/16749 |
| Summary: | Over the past decade, some countries of
the Middle East and North Africa region have spurred
economic growth and improved their global competitiveness by
taking the first steps in the direction of the knowledge
economy. The World Bank Group focuses on Arab societies that
deepen their commitment to reforms in four key policy areas:
developing more open and entrepreneurial economies,
preparing a better-educated and skilled population,
improving capabilities for innovation and research, and
expanding information and communication technologies. The
success of a knowledge-economy strategy depends on
coordinated progress on all four fronts, with bold
approaches tailored to each country's challenges and
opportunities. This report includes chapters organized into
three main parts. Part 1 presents the rationale and approach
for the transition to the knowledge- and innovation-driven
economy. Part 2 describes the policies to be implemented in
key areas of the knowledge economy: governance, education,
innovation, and information and communication technology.
Part 3 discusses economic diversification initiatives that
can help countries make the most of their knowledge-economy
investments. The three annexes to this report review the
literature on the relationship between the knowledge economy
and job creation in the Middle East and North Africa region,
provide insights on a series of country experiences from
across the world in developing knowledge-based development
strategies, and survey knowledge-economy issues in several
Arab countries and highlight policy initiatives that are
adapted to their specific country circumstances. |
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