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Middle East and North Africa Economic Developments and Prospects, September 2011: Investing for Growth and Jobs

Middle East and North Africa Economic Developments and Prospects, September 2011: Investing for Growth and Jobs

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The report highlights the important links between good governance on a level legal and regulatory playing field, and the ability of investment to stimulate growth. Investment in the Middle East and North Africa (MENA) region has been strong over the last two decades in comparison with Latin America and Eastern Europe. However, in the oil exporting countries, it has been primarily supported by large and expanding public investments. Oil importers, in contrast, have shown more strength in private investment, which has increased in recent years.

The report highlights the important links between good governance on a level legal and regulatory playing field, and the ability of investment to stimulate growth. Investment in the Middle East and North Africa (MENA) region has been strong over the last two decades in comparison with Latin America and Eastern Europe. However, in the oil exporting countries, it has been primarily supported by large and expanding public investments. Oil importers, in contrast, have shown more strength in private investment, which has increased in recent years.

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Published by: World Bank Publications on Feb 13, 2013
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09/17/2013

 
 
©
 
2011
 
The International Bank for Reconstruction and Development/The World Bank 1818H Street, NWWashington, DC 20433Telephone: 202-473-1000Internet www.worldbank.org  E-mail feedback@worldbank.org  All rights reserved.This volume is a product of the Chief Economist’s Office of the Middle East and North AfricaRegion and the Concessional Finance and Global Partnerships Vice Presidency of the WorldBank. The findings, interpretations, and conclusions expressed herein are those of the author(s)and do not necessarily reflect the views of the Board of Executive Directors of the World Bank or the governments they represent.The World Bank does not guarantee the accuracy of the data included in this work. Theboundaries, colors, denominations, and other information shown on any map in this work do notimply any judgment on the part of the World Bank concerning the legal status of any territory orthe endorsement or acceptance of such boundaries.
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The material in this work is copyrighted. Copying and/or transmitting portions or all of thiswork without permission may be a violation of applicable law. The World Bank encouragesdissemination of its work and will normally grant permission promptly.For permission to photocopy or reprint any part of this work, please send a request with completeinformation to the Copyright Clearance Center, Inc, 222 Rosewood Drive, Danvers, MA 09123,USA, telephone 978-750-8400, fax 978-750-4470, www.copyright.com.  All other queries on rights and licenses, including subsidiary rights, should be addressed to theOffice of the Publisher, World Bank, 1818H Street, NW, Washington, DC 20433, USA, fax 202-522-2422,e-mail pubrights@worldbank.org.  ISBN (electronic): 978-0-8213-9888-3DOI: 10.1596/978-0-8213-9888-3Photograph: ©
 
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