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Avoiding the New Mediocre: Raising Long-Term Growth in the Middle East and Central Asia

Pritha Mitra, Gohar Minasyan, Mark Fischer, Amr Hosny () and Gohar Abajyan

No 2016/003, IMF Departmental Papers / Policy Papers from International Monetary Fund

Abstract: Raising the Middle East and Central Asia’s long-term growth prospects is critical for meeting the region's pressing need for jobs and higher living standards.

Keywords: DPPP; DP; physical capital; GCC MENAP; exporter; oil exporter; oil importer; physical capital accumulation; foreign direct investment; physical capital growth; employment growth; Productivity; Oil; Employment; Capital accumulation; Oil prices; Middle East and Central Asia; Global (search for similar items in EconPapers)
Pages: 51
Date: 2016-03-22
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Handle: RePEc:imf:imfdps:2016/003