Embarking On A Path Of Renewal: MENA Commission on Stabilization and Growth

Diwan, Ishac; Elbadawi, Ibrahim

No 2203, FDL Policy Notes from CEPREMAP

Abstract: A regional commission of experts, working under the auspices of the Economic Research Forum (ERF), and the Finance for Development Lab (FDL), was asked to evaluate the macro-economic risks ahead, and to make recommendations on the best course correction to avoid them. There exist many useful reports by national, regional, and international organizations on similar issues. But they tend to be technical in style and diplomatic in tone. The responsibility of the Commission was to not shy away from the very political choices that confront MENA societies at this historic juncture. As a result, the report is meant to convey coherent and comprehensive messages about the risks and opportunities of the region’s development path. After a process of analysis, consultation, and deliberation, the Commission came up with four sets of recommendations, which are developed in this report.

Keywords: Middle East and North Africa; Macroeconomic shocks; adjustment policies; pro-growth reforms; political reforms (search for similar items in EconPapers)
Pages: 21 pages
Date: 2022-10
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Persistent link: https://EconPapers.repec.org/RePEc:cpm:notfdl:2203

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