Middle East and North Africa Economic Monitor, April 2017 : The Economics of Post-Conflict Reconstruction in MENA
Plagued by war, violence and low oil prices, economic activity in the Middle East and North Africa (MENA) region remained subdued between 2013 and 2015, but the situation is expected to improve and growth to surge above 3 percent over the forecast period. Though still below potential, the improve...
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okr-10986-263052021-04-23T14:04:35Z Middle East and North Africa Economic Monitor, April 2017 : The Economics of Post-Conflict Reconstruction in MENA Devarajan, Shantayanan Mottaghi, Lili GROWTH PEACE ECONOMIC POLICY VOLATILITY POVERTY CIVIL WAR GREEN SHOOTS INTERNATIONAL COMMUNITY OIL PRICES PIL EXPORTERS CONFLICT REFUGEES IDP Plagued by war, violence and low oil prices, economic activity in the Middle East and North Africa (MENA) region remained subdued between 2013 and 2015, but the situation is expected to improve and growth to surge above 3 percent over the forecast period. Though still below potential, the improvement in growth offers hope. We see signs of "green shoots" in some countries in the region, therefore we have upgraded our short-term prospects for MENA from "cautiously pessimistic" to "cautiously optimistic" over the forecast period. The prospects of peace in Syria, Yemen and Libya are one of the keys to resuming growth over the next decade. But realizing that potential depends crucially on how the post-conflict reconstruction is conducted. On the one hand, a well-managed process could help these war-tom countries rebuild their shattered economies and re-integrate their people so that the region as a whole, and possibly the rest of the world, benefits. On the other hand, a badly managed process can risk a recurrence of conflict, continued stagnation and suffering, and perpetual fragility. The economics of postconflict reconstruction, therefore, is critical to the future of MENA's economies. 2017-03-28T17:38:05Z 2017-03-28T17:38:05Z 2017-04-17 Serial 978-1-4648-1085-5 http://hdl.handle.net/10986/26305 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication Middle East and North Africa Middle East Lebanon Libya Syrian Arab Republic |
| 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 |
GROWTH PEACE ECONOMIC POLICY VOLATILITY POVERTY CIVIL WAR GREEN SHOOTS INTERNATIONAL COMMUNITY OIL PRICES PIL EXPORTERS CONFLICT REFUGEES IDP |
| spellingShingle |
GROWTH PEACE ECONOMIC POLICY VOLATILITY POVERTY CIVIL WAR GREEN SHOOTS INTERNATIONAL COMMUNITY OIL PRICES PIL EXPORTERS CONFLICT REFUGEES IDP Devarajan, Shantayanan Mottaghi, Lili Middle East and North Africa Economic Monitor, April 2017 : The Economics of Post-Conflict Reconstruction in MENA |
| geographic_facet |
Middle East and North Africa Middle East Lebanon Libya Syrian Arab Republic |
| description |
Plagued by war, violence and low oil prices, economic activity in the
Middle East and North Africa (MENA) region remained subdued between 2013 and 2015, but the situation is
expected to improve and growth to surge above 3 percent over the forecast period. Though still below
potential, the improvement in growth offers hope. We see signs of "green shoots" in some countries in the
region, therefore we have upgraded our short-term prospects for MENA from "cautiously pessimistic" to
"cautiously optimistic" over the forecast period. The prospects of peace in Syria, Yemen and Libya are one
of the keys to resuming growth over the next decade. But realizing that potential depends crucially on how
the post-conflict reconstruction is conducted. On the one hand, a well-managed process could help these
war-tom countries rebuild their shattered economies and re-integrate their people so that the region as a
whole, and possibly the rest of the world, benefits. On the other hand, a badly managed process can risk a
recurrence of conflict, continued stagnation and suffering, and perpetual fragility. The economics of postconflict
reconstruction, therefore, is critical to the future of MENA's economies. |
| format |
Serial |
| author |
Devarajan, Shantayanan Mottaghi, Lili |
| author_facet |
Devarajan, Shantayanan Mottaghi, Lili |
| author_sort |
Devarajan, Shantayanan |
| title |
Middle East and North Africa Economic Monitor, April 2017 : The Economics of Post-Conflict Reconstruction in MENA |
| title_short |
Middle East and North Africa Economic Monitor, April 2017 : The Economics of Post-Conflict Reconstruction in MENA |
| title_full |
Middle East and North Africa Economic Monitor, April 2017 : The Economics of Post-Conflict Reconstruction in MENA |
| title_fullStr |
Middle East and North Africa Economic Monitor, April 2017 : The Economics of Post-Conflict Reconstruction in MENA |
| title_full_unstemmed |
Middle East and North Africa Economic Monitor, April 2017 : The Economics of Post-Conflict Reconstruction in MENA |
| title_sort |
middle east and north africa economic monitor, april 2017 : the economics of post-conflict reconstruction in mena |
| publisher |
Washington, DC: World Bank |
| publishDate |
2017 |
| url |
http://hdl.handle.net/10986/26305 |
| _version_ |
1764461650516115456 |