Trading together: reviving Middle East and North Africa regional integration in the post-Covid era
Part I of this report discusses the short- and medium-term growth prospects for countries in the Middle East and North Africa (MENA). The region is expected to grow at a subdued rate of 0.6 percent in 2019, rising to 2.6 percent in 2020 and 2.9 percent in 2021. The growth forecast for 2019 is revise...
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Format: | Elektronisch Tagungsbericht E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, DC
World Bank Group
[2020]
|
Schriftenreihe: | MENA economic update
October 2020 |
Schlagworte: | |
Online-Zugang: | FWS01 FWS02 |
Zusammenfassung: | Part I of this report discusses the short- and medium-term growth prospects for countries in the Middle East and North Africa (MENA). The region is expected to grow at a subdued rate of 0.6 percent in 2019, rising to 2.6 percent in 2020 and 2.9 percent in 2021. The growth forecast for 2019 is revised down by 0.8 percentage points from the April 2019 projection. MENA's economic outlook is subject to substantial downside risks-most notably, intensified global economic headwinds and rising geopolitical tensions. Part II argues that promoting fair competition is key for MENA countries to complete the transition from an administered to a market economy. Part II first examines current competition policies in MENA countries and to promote fair competition calls for strengthening competition law and enforcement agencies. It also calls for corporatizing state-owned enterprises, promoting the private sector and creating a level-playing field between them. Any moves to reform MENA economies would be aided by professional management of public assets, which could tap into a new source of national wealth |
Beschreibung: | "The MENA Economic Update is a product of the Chief Economist Office of the Middle East and North Africa Region (MNACE) of the World Bank. The report was prepared by a team led by Blanca Moreno-Dodson, and including Rachel Yuting Fan, Romeo Gansey, Ha Nguyen (lead author of Chapter I), Minh Cong Nguyen, Lili Mottaghi, Constantin Tsakas, and Christina A. Wood. The report was prepared under the overall guidance of Rabah Arezki"--Acknowledgements |
Beschreibung: | 1 Online-Ressource (VII, 108 Seiten) Illustrationen, Diagramme |
ISBN: | 9781464816390 1464816395 |
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520 | 3 | |a Part I of this report discusses the short- and medium-term growth prospects for countries in the Middle East and North Africa (MENA). The region is expected to grow at a subdued rate of 0.6 percent in 2019, rising to 2.6 percent in 2020 and 2.9 percent in 2021. The growth forecast for 2019 is revised down by 0.8 percentage points from the April 2019 projection. MENA's economic outlook is subject to substantial downside risks-most notably, intensified global economic headwinds and rising geopolitical tensions. Part II argues that promoting fair competition is key for MENA countries to complete the transition from an administered to a market economy. Part II first examines current competition policies in MENA countries and to promote fair competition calls for strengthening competition law and enforcement agencies. It also calls for corporatizing state-owned enterprises, promoting the private sector and creating a level-playing field between them. Any moves to reform MENA economies would be aided by professional management of public assets, which could tap into a new source of national wealth | |
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institution | BVB |
isbn | 9781464816390 1464816395 |
language | English |
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spellingShingle | Trading together reviving Middle East and North Africa regional integration in the post-Covid era |
title | Trading together reviving Middle East and North Africa regional integration in the post-Covid era |
title_auth | Trading together reviving Middle East and North Africa regional integration in the post-Covid era |
title_exact_search | Trading together reviving Middle East and North Africa regional integration in the post-Covid era |
title_exact_search_txtP | Trading together reviving Middle East and North Africa regional integration in the post-Covid era |
title_full | Trading together reviving Middle East and North Africa regional integration in the post-Covid era |
title_fullStr | Trading together reviving Middle East and North Africa regional integration in the post-Covid era |
title_full_unstemmed | Trading together reviving Middle East and North Africa regional integration in the post-Covid era |
title_short | Trading together |
title_sort | trading together reviving middle east and north africa regional integration in the post covid era |
title_sub | reviving Middle East and North Africa regional integration in the post-Covid era |
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