The Office of the Chief Economist for the Middle East and North Africa (MENA) region undertakes analytical work to support countries' efforts to reduce poverty and achieve sustainable and inclusive growth.
FUTURE DEVELOPMENT BLOG informs and stimulates debate on key development issues.
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| MNA Economic Monitor- October2014||MENA Economic Monitor|
The economic outlook for the Middle East and North Africa (MENA) region in 2015 is slightly more favorable than in 2013-14, when the region as a whole grew at 3 percent a year, with the region's developing countries averaging 0.4 percent growth. The World Bank group’s latest MENA Economic Monitor projects MENA’s economic growth to average 5.2 percent in 2015 driven by domestic consumption, easing political tensions crowding-in investments in Egypt and Tunisia, and full resumption of oil production in Libya. Without the latter, overall growth will be around 4.2 percent. However the violent conflicts in Syria, Iraq, Gaza, Yemen and Libya with their spillovers to Lebanon and Jordan could make MENA’s economic prospects bleak. The report has a special focus on the corrosive nature of the large energy subsidies in MENA. The MENA region is currently experiencing growth below potential, high unemployment, urban air pollution and congestion, and severe water scarcity that is undermining agriculture. The report shows how energy subsidies have contributed to these development challenges. Reforming these subsidies, therefore, should be one of the highest priorities of policymakers.
Previous Economic Developments
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|COUNTRY POLICY & INSTITUTIONAL ASSESSMENT (CPIA)|| |
This section discusses the 2013 Country Policy and Institutional Assessment (CPIA) scores for Djibouti and Yemen, the two countries in the Middle East and North Africa (MENA) region that are eligible for support from the International Development Association. The CPIA scores for both countries were virtually unchanged relative to 2012. Djibouti's score was stagnant relative to 2005, while Yemen's was worse. The MENA scores lag behind the average for middle income countries in all CPIA categories, except for trade and for social inclusion and equity, which were areas of strength for MENA.
MENA section of the CPIA report
Full CPIA report
Explore the data
MENA DEVELOPMENT INDICATORS
|DATA & STATISTICS|
The MENA Development Indicators website is maintained by the MENA Chief Economist’s Office based on the data from World Development Indicators. The website provides key macroeconomic indicators of the MENA region presented in the form of interactive tables and charts. Click on the table and chart below to open interactive data websites.
MENA AT A GLANCE
September 2014 September 2012
MENA WORLD BANK DATA Offshoring Fiirm Data
Home-Based Work and Entrepreneurship
Data Available in Arabic العربية
الشرق الأوسط وشمال أفريقيا
ممارسة أنشطة الأعمال
REGIONAL & FLAGSHIP REPORTS
The year 2010 was globally the warmest since records began in the late 1800s, with 19 countries setting new national temperature highs. Five of these were Arab countries, including Kuwait, which set a new record at 52.6 °C in 2010, only to be followed by 53.5 °C in 2011. Read more
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The current period of transition offers an opportunity for reform of the welfare system, and renewed social safety nets could serve as a vital tool for achieving the Arab Spring's goals of inclusion. Read more
Contact information: Isabelle Chaal Dabi (firstname.lastname@example.org)
Response of the Arab Donors to the Global Financial Crisis and the Arab Spring
Since the global financial crisis (2008–2011), official development assistance (ODA) from Kuwait and Saudi Arabia has continued to grow in both relative and absolute terms read more
Quick Note No.112
Infrastructure and Employment Creation in the Middle East and North Africa
This study assesses the potential for job creation through infrastructure investment in the Middle East and North Africa. Read more
Regional Integration in the Middle East and North Africa Region
This report summarizes what is known about the constraints to and opportunities for deepening economic integration within the MENA region and beyond. Read more