Middle East and North Africa Regional Economic Update, April 2014: Harnessing the Global Recovery - A Tough Road Ahead

Shantayanan Devarajan and Lili Mottaghi

No 18819, World Bank Publications - Reports from The World Bank Group

Abstract: Compared with the previous three years, 2014 seems hopeful and 2015 could be a turning point for the countries in the Middle East and North Africa (MENA) region. Many countries in MENA will start to benefit from stronger external demand in the high-income economies, as the global economy is set for a rebound in 2014. In the MENA region, higher global demand is expected to boost exports of energy and manufactured products in those countries that have trade linkages with high- income countries. Growth in MENA is expected to reach 3.3 percent in 2014 and further accelerate to 4.6 percent in 2015. Nevertheless, the prospects for growth in MENA could be threatened if long awaited structural problems remain unresolved.

Keywords: International; Economics; and; Trade; Macroeconomics; and; Economic; Growth; Poverty; Reduction (search for similar items in EconPapers)
Date: 2014-04
Note: ISBN 978-1-4648-0395-6
References: Add references at CitEc
Citations:

Downloads: (external link)
https://openknowledge.worldbank.org/bitstreams/044 ... 00ba06da813/download (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wbk:wboper:18819

Access Statistics for this paper

More papers in World Bank Publications - Reports from The World Bank Group 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Tal Ayalon ().