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008 020129s2013 dcu o i001 0 eng
020 _z9781464801143
_c0.00 USD
035 _a(The World Bank)210114
040 _aDJBF
_beng
_cDJBF
_erda
110 2 _aWorld Bank.
_922570
245 1 0 _aMiddle East and North Africa Economic Developments and Prospects, October 2013 :
_bInvesting in Turbolent Times
264 1 _aWashington, D.C.,
_bThe World Bank,
_c2013.
300 _a1 online resource (73 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
490 1 _aMiddle East and North Africa Economic Monitor
520 3 _aThe post-revolutionary economies of MENA - Egypt, Tunisia, Libya and Yemen - have been recovering after a period of growth decelerations in 2011. In Egypt and Tunisia, the growth dips of 2011 were less dramatic than the declines observed during previous transitions. The recovery has been relatively quick but the transition process is far from complete and uncertainty about the political and reform process remains a binding constraint to private investment. Consequently, post-transition growth is below potential and is lower than growth prior to the Arab Spring, with negative consequences for employment and poverty. Events in the post-revolution economies have affected other countries in MENA. Macroeconomic fundamentals weakened in most developing MENA countries in 2011-12 as growth slowed and governments responded to social pressures with expansionary fiscal policies. The regional growth outlook for 2013 reflects weaker expected global economic activity, especially in the EU, and moderating oil prices. Regional economic growth is expected to decelerate to 3.5% in 2013 from 5.5% in 2012. Prolonged political and policy uncertainty and social unrest are serious downside risks to the outlook.
588 _aDescription based on print version record.
650 4 _aForeign Direct Investment
_922571
650 4 _aGrowth Projections
_922572
650 4 _aInternational Economics and Trade
_922573
650 4 _aMacroeconomic Outlook
_922574
650 4 _aMacroeconomics and Economic Growth
_922575
650 4 _aPolitical Instability
_922576
650 4 _aPolitical Risk
_922577
650 4 _aPrivate Sector Development
_922578
650 4 _aResource Dependence
_922579
710 2 _aWorld Bank.
_922570
776 0 8 _aPrint Version:
_z9781464801143
830 0 _aMiddle East and North Africa Economic Monitor
_922580
830 0 _aWorld Bank e-Library.
_922581
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-0114-3
999 _c4764
_d4764