Constraintson Growth in the MENA Region

Rina Bhattacharya and Hirut Wolde

No 2010/030, IMF Working Papers from International Monetary Fund

Abstract: In this paper we contribute to the empirical literature on growth in the MENA region by attempting to quantify the impact of the various constraints faced by local businesses highlighted by the World Bank’s Business Enterprise surveys. To the best of our knowledge this dataset has not been used in any empirical analysis looking at the main constraints on growth in the MENA region. Our empirical results suggest that the key direct constraints to growth in the MENA region are difficulties in access to finance, labor skill mismatches and shortages, and electricity constraints.

Keywords: WP; country; MENA region; Algeria; Lebanon; Growth; Physical infrastructure; Labor skill shortages; Financial constraints; countries in the MENA; MENA country; growth performance of the Middle East and North Africa; MENA economy; MENA average; growth in the MENA; business manager; Labor shortages; Electricity; Business enterprises; Total factor productivity; Central and Eastern Europe; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 22
Date: 2010-02-01
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Citations: View citations in EconPapers (6)

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