Middle East and North Africa Economic Update, April 2019 : Reforms and External Imbalances - The Labor-Productivity Connection in the Middle East and North Africa

World Bank economists expect economic growth in the Middle East and North Africa (MENA) to continue at a modest pace of about 1.5 to 3.5 percent during 2019-2021, with some laggards and a few emerging growth stars. In late 2018, The World Bank called on the leaders of the Middle East and North Afric...

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Main Authors:	Arezki, Rabah, Lederman, Daniel, Abou Harb, Amani, Fan, Rachel Yuting, Nguyen, Ha
Format:	Serial
Language:	English
Published:	Washington, DC: World Bank 2019
Subjects:	ECONOMIC GROWTH OIL PRICES OIL EXPORTERS OIL IMPORTERS MIDDLE EAST AND NORTH AFRICA EXTERNAL BALANCES CURRENT ACCOUNT FISCAL BALANCE PRODUCTIVITY
Online Access:	http://hdl.handle.net/10986/31445

id	okr-10986-31445
recordtype	oai_dc
spelling	okr-10986-314452021-04-23T14:05:03Z Middle East and North Africa Economic Update, April 2019 : Reforms and External Imbalances - The Labor-Productivity Connection in the Middle East and North Africa Arezki, Rabah Lederman, Daniel Abou Harb, Amani Fan, Rachel Yuting Nguyen, Ha ECONOMIC GROWTH OIL PRICES OIL EXPORTERS OIL IMPORTERS MIDDLE EAST AND NORTH AFRICA EXTERNAL BALANCES CURRENT ACCOUNT FISCAL BALANCE PRODUCTIVITY World Bank economists expect economic growth in the Middle East and North Africa (MENA) to continue at a modest pace of about 1.5 to 3.5 percent during 2019-2021, with some laggards and a few emerging growth stars. In late 2018, The World Bank called on the leaders of the Middle East and North Africa (MENA) to aim high. We called for a set of aspirational, but attainable, goals in the digital-economy space (Arezki and Belhaj 2018). If the economies of MENA achieve those goals, they will not only have leapfrogged many advanced economies in terms of coverage and quality of cellular and broadband services, they will register notable advancements in digital payments. This installment of the Middle East Economic Update series, published every six months by the MENA Office of the Chief Economist, makes a more subtle point about a slow moving emerging challenge for the region’s economies: reducing macroeconomic vulnerabilities in some economies is inextricably linked to an all-out effort to create an advanced digital economy (the so-called Digital Moonshot) and other structural reforms. The link, surprisingly, is aggregate labor productivity. 2019-03-26T20:31:44Z 2019-03-26T20:31:44Z 2019-04 Serial 978-1-4648-1408-2 http://hdl.handle.net/10986/31445 English 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 North Africa
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ECONOMIC GROWTH OIL PRICES OIL EXPORTERS OIL IMPORTERS MIDDLE EAST AND NORTH AFRICA EXTERNAL BALANCES CURRENT ACCOUNT FISCAL BALANCE PRODUCTIVITY
spellingShingle	ECONOMIC GROWTH OIL PRICES OIL EXPORTERS OIL IMPORTERS MIDDLE EAST AND NORTH AFRICA EXTERNAL BALANCES CURRENT ACCOUNT FISCAL BALANCE PRODUCTIVITY Arezki, Rabah Lederman, Daniel Abou Harb, Amani Fan, Rachel Yuting Nguyen, Ha Middle East and North Africa Economic Update, April 2019 : Reforms and External Imbalances - The Labor-Productivity Connection in the Middle East and North Africa
geographic_facet	Middle East and North Africa Middle East North Africa
description	World Bank economists expect economic growth in the Middle East and North Africa (MENA) to continue at a modest pace of about 1.5 to 3.5 percent during 2019-2021, with some laggards and a few emerging growth stars. In late 2018, The World Bank called on the leaders of the Middle East and North Africa (MENA) to aim high. We called for a set of aspirational, but attainable, goals in the digital-economy space (Arezki and Belhaj 2018). If the economies of MENA achieve those goals, they will not only have leapfrogged many advanced economies in terms of coverage and quality of cellular and broadband services, they will register notable advancements in digital payments. This installment of the Middle East Economic Update series, published every six months by the MENA Office of the Chief Economist, makes a more subtle point about a slow moving emerging challenge for the region’s economies: reducing macroeconomic vulnerabilities in some economies is inextricably linked to an all-out effort to create an advanced digital economy (the so-called Digital Moonshot) and other structural reforms. The link, surprisingly, is aggregate labor productivity.
format	Serial
author	Arezki, Rabah Lederman, Daniel Abou Harb, Amani Fan, Rachel Yuting Nguyen, Ha
author_facet	Arezki, Rabah Lederman, Daniel Abou Harb, Amani Fan, Rachel Yuting Nguyen, Ha
author_sort	Arezki, Rabah
title	Middle East and North Africa Economic Update, April 2019 : Reforms and External Imbalances - The Labor-Productivity Connection in the Middle East and North Africa
title_short	Middle East and North Africa Economic Update, April 2019 : Reforms and External Imbalances - The Labor-Productivity Connection in the Middle East and North Africa
title_full	Middle East and North Africa Economic Update, April 2019 : Reforms and External Imbalances - The Labor-Productivity Connection in the Middle East and North Africa
title_fullStr	Middle East and North Africa Economic Update, April 2019 : Reforms and External Imbalances - The Labor-Productivity Connection in the Middle East and North Africa
title_full_unstemmed	Middle East and North Africa Economic Update, April 2019 : Reforms and External Imbalances - The Labor-Productivity Connection in the Middle East and North Africa
title_sort	middle east and north africa economic update, april 2019 : reforms and external imbalances - the labor-productivity connection in the middle east and north africa
publisher	Washington, DC: World Bank
publishDate	2019
url	http://hdl.handle.net/10986/31445
_version_	1764474344879161344

Middle East and North Africa Economic Update, April 2019 : Reforms and External Imbalances - The Labor-Productivity Connection in the Middle East and North Africa

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