MENA Quarterly Economic Brief, July 2014 : Predictions, Perceptions and Economic Reality

This issue of the MENA quarterly brief assesses the macroeconomic performance of seven of the MENA countries: Egypt, Tunisia, Iran, Lebanon, Jordan, Yemen and Libya. All of these countries experienced rapid economic growth during 2000-10, and suffe...

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Bibliographic Details
Main Authors: Devarajan, Shanta, Mottaghi, Lili
Format: Brief
Language:English
en_US
Published: Washington, DC: World Bank 2014
Subjects:
CC
TAX
Online Access:http://documents.worldbank.org/curated/en/2014/07/19918133/predictions-perceptions-economic-reality-challenges-seven-middle-east-north-africa-countries-described-fourteen-charts
http://hdl.handle.net/10986/19283
Description
Summary:This issue of the MENA quarterly brief assesses the macroeconomic performance of seven of the MENA countries: Egypt, Tunisia, Iran, Lebanon, Jordan, Yemen and Libya. All of these countries experienced rapid economic growth during 2000-10, and suffered a sharp economic slowdown in the aftermath of 2011. The brief focuses on the challenges facing these countries with a closer look at the actual growth performance in comparison with their forecasts and highlights the limitations of forecasting in the wake of the 2011 uprisings; and at the consequences of the growth slowdown, including unemployment, where perceptions may diverge from reality. The story is told in fourteen charts.