Middle East and North Africa Economic Developments and Prospects, 2009 : Navigating through the Global Recession
The objective of this 2009 Middle East and North Africa (MENA) economic developments and prospects is to review the implication of the triple food-fuel-financial crisis for MENA economies. Chapter one reviews the year 2008 and the first few months...
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Format: | Economic Updates and Modeling |
Language: | English en_US |
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2014
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Online Access: | http://documents.worldbank.org/curated/en/2009/01/11522490/middle-east-north-africa-region-2009-economic-developments-prospects-navigating-through-global-recession http://hdl.handle.net/10986/16806 |
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okr-10986-168062021-04-23T14:03:31Z Middle East and North Africa Economic Developments and Prospects, 2009 : Navigating through the Global Recession World Bank ECONOMIC The objective of this 2009 Middle East and North Africa (MENA) economic developments and prospects is to review the implication of the triple food-fuel-financial crisis for MENA economies. Chapter one reviews the year 2008 and the first few months of 2009. It discusses the impact of the global economic environment and MENA countries' responses to the initial impact of the food-fuel-financial crises. Chapter two reviews MENA countries' prospects for 2009 and 2010 and discusses policies that can be envisaged to mitigate the impact of the global financial crisis on the region. Finally, chapter three goes beyond the short-term concerns about the current crisis and discusses structural factors that affect MENA countries' vulnerability to shocks and their flexibility and ability to respond to future crises. The main conclusions of the report are: (a) the effect of the crisis depends on countries' exposure to affected markets and commodities as well as on their initial macroeconomic conditions and policies; and (b) in terms of impact on the real economy, the MENA region held up well in 2008, with average Gross Domestic Product (GDP) growth remaining steady while other regions experienced declining growth. 2014-02-03T19:38:06Z 2014-02-03T19:38:06Z 2009 http://documents.worldbank.org/curated/en/2009/01/11522490/middle-east-north-africa-region-2009-economic-developments-prospects-navigating-through-global-recession http://hdl.handle.net/10986/16806 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Middle East and North Africa |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
ECONOMIC |
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ECONOMIC World Bank Middle East and North Africa Economic Developments and Prospects, 2009 : Navigating through the Global Recession |
geographic_facet |
Middle East and North Africa |
description |
The objective of this 2009 Middle East
and North Africa (MENA) economic developments and prospects
is to review the implication of the triple
food-fuel-financial crisis for MENA economies. Chapter one
reviews the year 2008 and the first few months of 2009. It
discusses the impact of the global economic environment and
MENA countries' responses to the initial impact of the
food-fuel-financial crises. Chapter two reviews MENA
countries' prospects for 2009 and 2010 and discusses
policies that can be envisaged to mitigate the impact of the
global financial crisis on the region. Finally, chapter
three goes beyond the short-term concerns about the current
crisis and discusses structural factors that affect MENA
countries' vulnerability to shocks and their
flexibility and ability to respond to future crises. The
main conclusions of the report are: (a) the effect of the
crisis depends on countries' exposure to affected
markets and commodities as well as on their initial
macroeconomic conditions and policies; and (b) in terms of
impact on the real economy, the MENA region held up well in
2008, with average Gross Domestic Product (GDP) growth
remaining steady while other regions experienced declining growth. |
format |
Economic & Sector Work :: Economic Updates and Modeling |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Middle East and North Africa Economic Developments and Prospects, 2009 : Navigating through the Global Recession |
title_short |
Middle East and North Africa Economic Developments and Prospects, 2009 : Navigating through the Global Recession |
title_full |
Middle East and North Africa Economic Developments and Prospects, 2009 : Navigating through the Global Recession |
title_fullStr |
Middle East and North Africa Economic Developments and Prospects, 2009 : Navigating through the Global Recession |
title_full_unstemmed |
Middle East and North Africa Economic Developments and Prospects, 2009 : Navigating through the Global Recession |
title_sort |
middle east and north africa economic developments and prospects, 2009 : navigating through the global recession |
publisher |
Washington, DC |
publishDate |
2014 |
url |
http://documents.worldbank.org/curated/en/2009/01/11522490/middle-east-north-africa-region-2009-economic-developments-prospects-navigating-through-global-recession http://hdl.handle.net/10986/16806 |
_version_ |
1764434380534579200 |