Middle East and North Africa Quarterly Economic Brief, January 2014: Growth Slowdown Heightens the Need for Reforms
Ongoing regional tensions, together with a challenging (albeit slightly improving) external environment, have hit the economies of the Middle East and North Africa (MENA) region hard. Economic growth is slowing, fiscal buffers are depleting, unemployment is rising, and inflation is mounting in seven...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2014
|
| Schriftenreihe: | Middle East and North Africa Quarterly Economic Brief
World Bank E-Library Archive |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Ongoing regional tensions, together with a challenging (albeit slightly improving) external environment, have hit the economies of the Middle East and North Africa (MENA) region hard. Economic growth is slowing, fiscal buffers are depleting, unemployment is rising, and inflation is mounting in seven of the region's most vulnerable economies-- Egypt, Tunisia, Iran, Lebanon, Jordan, Yemen and Libya. Short-term policy actions such as increasing public sector wages and subsidies-aimed at reducing social tensions--exacerbate the situation, which is driven by long-standing structural weaknesses, including labor market rigidities, complicated and opaque regulations, infrastructure deficiencies, regressive and inefficient subsidies, and inadequate social safety nets. While these countries face an unstable political and macroeconomic environment, the growth slowdown after the Arab Spring creates a unique opportunity to address these structural problems to both create fiscal space and restructure the economy towards job creation and inclusive growth |
| Beschreibung: | 1 Online-Ressource (20 Seiten) |
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| spelling | Devarajan, Shantayanan 1954- Verfasser (DE-588)170019837 aut Middle East and North Africa Quarterly Economic Brief, January 2014 Growth Slowdown Heightens the Need for Reforms Devarajan, Shantayanan;Mottaghi, Lili Washington, D.C The World Bank 2014 1 Online-Ressource (20 Seiten) txt rdacontent c rdamedia cr rdacarrier Middle East and North Africa Quarterly Economic Brief World Bank E-Library Archive Ongoing regional tensions, together with a challenging (albeit slightly improving) external environment, have hit the economies of the Middle East and North Africa (MENA) region hard. Economic growth is slowing, fiscal buffers are depleting, unemployment is rising, and inflation is mounting in seven of the region's most vulnerable economies-- Egypt, Tunisia, Iran, Lebanon, Jordan, Yemen and Libya. Short-term policy actions such as increasing public sector wages and subsidies-aimed at reducing social tensions--exacerbate the situation, which is driven by long-standing structural weaknesses, including labor market rigidities, complicated and opaque regulations, infrastructure deficiencies, regressive and inefficient subsidies, and inadequate social safety nets. While these countries face an unstable political and macroeconomic environment, the growth slowdown after the Arab Spring creates a unique opportunity to address these structural problems to both create fiscal space and restructure the economy towards job creation and inclusive growth Mottaghi, Lili Verfasser (DE-588)115238905X aut Erscheint auch als Druck-Ausgabe 9781464803949 https://hdl.handle.net/10986/18818 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Devarajan, Shantayanan 1954- Mottaghi, Lili Middle East and North Africa Quarterly Economic Brief, January 2014 Growth Slowdown Heightens the Need for Reforms |
| title | Middle East and North Africa Quarterly Economic Brief, January 2014 Growth Slowdown Heightens the Need for Reforms |
| title_auth | Middle East and North Africa Quarterly Economic Brief, January 2014 Growth Slowdown Heightens the Need for Reforms |
| title_exact_search | Middle East and North Africa Quarterly Economic Brief, January 2014 Growth Slowdown Heightens the Need for Reforms |
| title_exact_search_txtP | Middle East and North Africa Quarterly Economic Brief, January 2014 Growth Slowdown Heightens the Need for Reforms |
| title_full | Middle East and North Africa Quarterly Economic Brief, January 2014 Growth Slowdown Heightens the Need for Reforms Devarajan, Shantayanan;Mottaghi, Lili |
| title_fullStr | Middle East and North Africa Quarterly Economic Brief, January 2014 Growth Slowdown Heightens the Need for Reforms Devarajan, Shantayanan;Mottaghi, Lili |
| title_full_unstemmed | Middle East and North Africa Quarterly Economic Brief, January 2014 Growth Slowdown Heightens the Need for Reforms Devarajan, Shantayanan;Mottaghi, Lili |
| title_short | Middle East and North Africa Quarterly Economic Brief, January 2014 |
| title_sort | middle east and north africa quarterly economic brief january 2014 growth slowdown heightens the need for reforms |
| title_sub | Growth Slowdown Heightens the Need for Reforms |
| url | https://hdl.handle.net/10986/18818 |
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