Supporting Private Sector Development in the Middle East and North Africa

Robert E. Anderson and Albert Martinez

Chapter 7 in Prospects for Middle Eastern and North African Economies, 1998, pp 178-193 from Palgrave Macmillan

Abstract: Abstract Until the late 1970s gross domestic product (GDP) growth in the Middle East and North Africa exceeded population growth, resulting in rising per capita incomes throughout the region. By 1980, however, population growth exceeded increases in GDP in all the countries in the region except Morocco and Tunisia. For countries outside the Gulf Cooperation Council (GCC), recent growth rates have been insufficient to absorb the growing labor force, resulting in unemployment.1

Keywords: Foreign Direct Investment; Gross Domestic Product; Middle East; Banking System; Gross Domestic Product Growth (search for similar items in EconPapers)
Date: 1998
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DOI: 10.1007/978-1-349-26137-6_7

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