The MNA region is launching a new report that looks into major economic trends and economic prospects for the region. This is the third of an annual series of reports where the focus is on labor markets and employment, a critical area for the MENA region as a result of an increasing young population.
According to the report, the GDP growth reached 6.3% for the region in 2006 – up from an average of 3.6% a year during the 1990s. This growth is driven by a combination of factors including: high oil prices, recovery in Europe and changing policies to promote higher investment and reforms.
On the other hand, economic growth in MNA has generated jobs where the environment has been conducive for private sector investment. The report emphasizes the link between sustainability of economic growth and the potential for employment creation. Indicators reveal that employment grew at 4.5% per annum in 2000-05, the strongest rate of job creation among developing regions.
2007 MENA Economic Developments and Prospects Report
Executive Summary available in English (2.5Mb pdf), French (1.8Mb pdf) & Arabic (175K pdf)
|• ||Complete Report as One File (6.5Mb, pdf)|
|• ||Table of Contents, Foreword & Abbreviations (228Kb, pdf)|
|• ||Overview (194Kb, pdf)|
|• ||Ch. 1: Recent Economic Outcomes and Short-term Development Prospects in MENA (881Kb, pdf)|
|• ||Ch. 2: Job Creation in and Era of High Growth (1.3Mb, pdf)|
|• ||Ch. 3: Structural Reform Progress for Long-Term Growth (1.0Mb, pdf)|
|• ||Appendices & Bibliography: Statistical Tables, Structural Reform Indicators, and Reform Indexes Methodology (1.2Mb, pdf)|