EconPapers    
Economics at your fingertips  
 

Natural Resources, Volatility, and Inclusive Growth: Perspectives from the Middle East and North Africa

Rabah Arezki () and Mustapha Nabli ()

No 676, Working Papers from Economic Research Forum

Abstract: This paper takes stock of the economic performance of resource-rich countries in the Middle East and North Africa (MENA) over the past forty years. While those countries have maintained high levels of income per capita, they have performed poorly when going beyond the assessment based on standard income level measures. Resource-rich countries in MENA have experienced relatively low and non-inclusive economic growth as well as high levels of macroeconomic volatility. Important improvements in health and education have taken place but the quality of the provision of public goods and services remains an important source of concern. We argue that the success of economic reforms in MENA rests on the ability of those countries to invest boldly in building inclusive institutions as well as high levels of human capacity in public administrations.

Date: 2012, Revised 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Published by The Economic Research Forum (ERF)

Downloads: (external link)
http://erf.org.eg/wp-content/uploads/2014/08/676.pdf (application/pdf)
http://bit.ly/2mxnlwb (text/html)

Related works:
Working Paper: Natural Resources, Volatility, and Inclusive Growth: Perspectives from the Middle East and North Africa (2012) Downloads
Working Paper: Natural Resources, Volatility, and Inclusive Growth; Perspectives From the Middle East and North Africa (2012) Downloads
Working Paper: Natural resources, volatility, and inclusive growth perspectives from the Middle East and North Africa (2012) Downloads
Working Paper: Natural Resources, Volatility, and Inclusive Growth: Perspectives from the Middle East and North Africa (2012) Downloads
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:erg:wpaper:676

Access Statistics for this paper

More papers in Working Papers from Economic Research Forum Contact information at EDIRC.
Bibliographic data for series maintained by Sherine Ghoneim ().

 
Page updated 2019-07-18
Handle: RePEc:erg:wpaper:676