MENA Quarterly Economic Brief, July 2014: Predictions, Perceptions and Economic Reality

Shanta Devarajan and Lili Mottaghi

No 19283, World Bank Publications - Reports from The World Bank Group

Abstract: This issue of the MENA quarterly brief assesses the macroeconomic performance of seven of the MENA countries: Egypt, Tunisia, Iran, Lebanon, Jordan, Yemen and Libya. All of these countries experienced rapid economic growth during 2000-10, and suffered a sharp economic slowdown in the aftermath of 2011. The brief focuses on the challenges facing these countries with a closer look at the actual growth performance in comparison with their forecasts and highlights the limitations of forecasting in the wake of the 2011 uprisings; and at the consequences of the growth slowdown, including unemployment, where perceptions may diverge from reality. The story is told in fourteen charts.

Keywords: Finance; and; Financial; Sector; Development-Access; to; Finance; Banks; and; Banking; Reform; Social; Protections; and; Labor-Labor; Markets; Finance; and; Financial; Sector; Development-Debt; Markets; Public; Sector; Economics; Public; Sector; Development (search for similar items in EconPapers)
Date: 2014-07
Note: ISBN 978-1-4648-0407-6
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