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Middle East and North Africa Economic Monitor October 2015 : Inequality, Uprisings, and Conflict in the Arab World. / Lanchovichina, Elena
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications")- Format:
- Book
- Government document
- Author/Creator:
- Lanchovichina, Elena.
- Series:
- World Bank e-Library.
- Middle East and North Africa Economic Monitor
- Language:
- English
- Subjects (All):
- Arab Countries.
- Arab spring.
- Bottom 40 percent.
- Conflict.
- Economic inequality.
- Grievances.
- Life satisfaction.
- Middle class.
- Pollution.
- Poverty.
- Shared prosperity.
- Subjective wellbeing.
- Transition countries.
- Uprisings.
- Water.
- Middle East.
- North Africa.
- Local Subjects:
- Arab Countries.
- Arab spring.
- Bottom 40 percent.
- Conflict.
- Economic inequality.
- Grievances.
- Life satisfaction.
- Middle class.
- Pollution.
- Poverty.
- Shared prosperity.
- Subjective wellbeing.
- Transition countries.
- Uprisings.
- Water.
- Middle East.
- North Africa.
- Physical Description:
- 1 online resource (54 pages)
- Other Title:
- Middle East and North Africa Economic Monitor October 2015
- Middle East and North Africa Economic Monitor
- Place of Publication:
- Washington, D.C. : The World Bank, 2015.
- System Details:
- data file
- Summary:
- 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. 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. 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.
- Notes:
- Description based on print version record.
- Publisher Number:
- 10.1596/978-1-4648-0735-0
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