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In the next 10 years or so, the infrastructure sector has the potential to generate significant employment. This paper estimates annual job creation of about 2.0 million in direct jobs and 2.5 million in direct, indirect and induced infrastructure-related jobs just by meeting the infrastructure...
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The Middle East and North Africa (MENA) region has made steady progress in terms of the World Bank's twin goals of eliminating extreme poverty and boosting shared prosperity. During the 2000s, the percentage of people living on less than $1.25 a day declined in all regional economies, except...
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This note is based on report entitled Looking Ahead after a Year in Transition that was issued by the Chief Economist s office of the Middle East and North Africa region of the World Bank. Egypt, Libya, Tunisia, and Yemen are given special attention because each of them experienced a revolution...
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The Middle East and North Africa (MENA) region is expected to benefit more than most other regions from continued rapid growth in China and India. This paper analyzes the trade-related implications of this growth for the MENA countries using a global general equilibrium model, modified to take...
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The Middle East and North Africa (MENA) region is expected to benefit more than most other regions from continued rapid growth in China and India. This paper analyzes the trade-related implications of this growth for the MENA countries using a global general equilibrium model, modified to take...
Persistent link: https://www.econbiz.de/10013134207
The report estimates Middle East and North Africa's (MENA's) infrastructure investment and maintenance needs through 2020 at 106 billion dollars per year or 6.9 percent of the annual regional gross domestic product (GDP). Developing oil exporting countries (OEC) will need to commit almost 11...
Persistent link: https://www.econbiz.de/10012555948
MENA felt the impact of the financial and economic crisis to a much lesser extent than developed economies and emerging markets outside Asia, however, the economic recovery in MENA has also lacked vigor. Before the recent uprisings, MENA was expected to return to pre-crisis growth rates of 4.8...
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