On Shared Prosperity in the Middle East and North Africa
The Middle East and North Africa (MENA) region has made steady progress in terms of the World Bank's twin goals of eliminating extreme poverty and boosting shared prosperity. During the 2000s, the percentage of people living on less than $1.25...
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| Format: | Brief |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/05/20144400/shared-prosperity-middle-east-north-africa http://hdl.handle.net/10986/20546 |
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okr-10986-205462021-04-23T14:03:56Z On Shared Prosperity in the Middle East and North Africa Ianchovichina, Elena ABSENTEEISM AVERAGE GROWTH AVERAGE INCOMES BANK POLICY BUSINESS CLIMATE CASH TRANSFERS DEVELOPING COUNTRIES ECONOMIC GROWTH EMPLOYEE EMPLOYMENT SHARE EXTREME POVERTY FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS GROWTH RATES HOUSEHOLD SURVEY HUMAN CAPITAL INCOME INCOME GROWTH INCOME INEQUALITY INCOMES INDUSTRIAL DEVELOPMENT INFRASTRUCTURE INVESTMENTS INTERNATIONAL STANDARDS JOBS MIDDLE-INCOME ECONOMIES PER CAPITA INCOME POLICY RESEARCH POLITICAL INSTABILITY POOR EDUCATION POVERTY RATES PRIVATE SECTOR PRIVATE SECTOR GROWTH PRIVILEGED JOBS PUBLIC SERVICES REGIONAL ECONOMIES STATE CAPTURE TRANSITION ECONOMIES UNEMPLOYMENT UNEMPLOYMENT RATES VULNERABLE HOUSEHOLDS The Middle East and North Africa (MENA) region has made steady progress in terms of the World Bank's twin goals of eliminating extreme poverty and boosting shared prosperity. During the 2000s, the percentage of people living on less than $1.25 a day declined in all regional economies, except Yemen, and in 2010 was low on average. The incomes of the bottom 40 percent have been growing at higher rates than average incomes in almost all MENA countries. In fact, in terms of the income growth among the bottom 40 percent, the MENA region has done better than most other regions, except Latin America and the Caribbean. Income inequality has not worsened and has been low by international standards. Two things must be done to boost real shared prosperity in the MENA. First, leveling the playing field is a priority because everyone must have a fair opportunity for success. Regulations should not favor the privileged. Second, citizens should hold the state accountable, rather than the other way around. By collecting information and sharing it with the public, citizens will be empowered to act and improve chances of achieving real shared prosperity in the MENA. 2014-11-19T15:54:44Z 2014-11-19T15:54:44Z 2014-05 http://documents.worldbank.org/curated/en/2014/05/20144400/shared-prosperity-middle-east-north-africa http://hdl.handle.net/10986/20546 English en_US MENA knowledge and learning quick notes series;no. 125 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Brief Publications & Research Middle East and North Africa North Africa Middle East |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ABSENTEEISM AVERAGE GROWTH AVERAGE INCOMES BANK POLICY BUSINESS CLIMATE CASH TRANSFERS DEVELOPING COUNTRIES ECONOMIC GROWTH EMPLOYEE EMPLOYMENT SHARE EXTREME POVERTY FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS GROWTH RATES HOUSEHOLD SURVEY HUMAN CAPITAL INCOME INCOME GROWTH INCOME INEQUALITY INCOMES INDUSTRIAL DEVELOPMENT INFRASTRUCTURE INVESTMENTS INTERNATIONAL STANDARDS JOBS MIDDLE-INCOME ECONOMIES PER CAPITA INCOME POLICY RESEARCH POLITICAL INSTABILITY POOR EDUCATION POVERTY RATES PRIVATE SECTOR PRIVATE SECTOR GROWTH PRIVILEGED JOBS PUBLIC SERVICES REGIONAL ECONOMIES STATE CAPTURE TRANSITION ECONOMIES UNEMPLOYMENT UNEMPLOYMENT RATES VULNERABLE HOUSEHOLDS |
| spellingShingle |
ABSENTEEISM AVERAGE GROWTH AVERAGE INCOMES BANK POLICY BUSINESS CLIMATE CASH TRANSFERS DEVELOPING COUNTRIES ECONOMIC GROWTH EMPLOYEE EMPLOYMENT SHARE EXTREME POVERTY FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS GROWTH RATES HOUSEHOLD SURVEY HUMAN CAPITAL INCOME INCOME GROWTH INCOME INEQUALITY INCOMES INDUSTRIAL DEVELOPMENT INFRASTRUCTURE INVESTMENTS INTERNATIONAL STANDARDS JOBS MIDDLE-INCOME ECONOMIES PER CAPITA INCOME POLICY RESEARCH POLITICAL INSTABILITY POOR EDUCATION POVERTY RATES PRIVATE SECTOR PRIVATE SECTOR GROWTH PRIVILEGED JOBS PUBLIC SERVICES REGIONAL ECONOMIES STATE CAPTURE TRANSITION ECONOMIES UNEMPLOYMENT UNEMPLOYMENT RATES VULNERABLE HOUSEHOLDS Ianchovichina, Elena On Shared Prosperity in the Middle East and North Africa |
| geographic_facet |
Middle East and North Africa North Africa Middle East |
| relation |
MENA knowledge and learning quick notes
series;no. 125 |
| description |
The Middle East and North Africa (MENA)
region has made steady progress in terms of the World
Bank's twin goals of eliminating extreme poverty and
boosting shared prosperity. During the 2000s, the percentage
of people living on less than $1.25 a day declined in all
regional economies, except Yemen, and in 2010 was low on
average. The incomes of the bottom 40 percent have been
growing at higher rates than average incomes in almost all
MENA countries. In fact, in terms of the income growth among
the bottom 40 percent, the MENA region has done better than
most other regions, except Latin America and the Caribbean.
Income inequality has not worsened and has been low by
international standards. Two things must be done to boost
real shared prosperity in the MENA. First, leveling the
playing field is a priority because everyone must have a
fair opportunity for success. Regulations should not favor
the privileged. Second, citizens should hold the state
accountable, rather than the other way around. By collecting
information and sharing it with the public, citizens will be
empowered to act and improve chances of achieving real
shared prosperity in the MENA. |
| format |
Publications & Research :: Brief |
| author |
Ianchovichina, Elena |
| author_facet |
Ianchovichina, Elena |
| author_sort |
Ianchovichina, Elena |
| title |
On Shared Prosperity in the Middle East and North Africa |
| title_short |
On Shared Prosperity in the Middle East and North Africa |
| title_full |
On Shared Prosperity in the Middle East and North Africa |
| title_fullStr |
On Shared Prosperity in the Middle East and North Africa |
| title_full_unstemmed |
On Shared Prosperity in the Middle East and North Africa |
| title_sort |
on shared prosperity in the middle east and north africa |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/05/20144400/shared-prosperity-middle-east-north-africa http://hdl.handle.net/10986/20546 |
| _version_ |
1764445758343348224 |