Middle East and North Africa Economic Monitor, October 2017 : Refugee Crisis in MENA, Meeting the Development Challenges

The pickup in economic activity in the Middle East and North Africa (MENA) region is expected to continue in 2018 and 2019. MENA's oil exporters and oil importers both are benefitting from improved global growth; increased trade with trading partners in Europe and Asia; more stabilized commo...

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Main Authors: Devarajan, Shantayanan, Mottaghi, Lili
Format: Serial
Language:English
en_US
Published: Washington, D.C.: World Bank 2017
Subjects:
Online Access:http://hdl.handle.net/10986/28395
id okr-10986-28395
recordtype oai_dc
spelling okr-10986-283952021-04-23T14:04:48Z Middle East and North Africa Economic Monitor, October 2017 : Refugee Crisis in MENA, Meeting the Development Challenges Devarajan, Shantayanan Mottaghi, Lili IDPS LIBYA MIDDLE EAST AND NORTH AFRICA SYRIA YEMEN CIVIL WAR CONFLICT ECONOMIC POLICY GREEN SHOOTS GROWTH INTERNATIONAL COMMUNITY OIL PRICES PEACE PIL EXPORTERS POVERTY REFUGEES VOLATILITY DISPLACED PEOPLES The pickup in economic activity in the Middle East and North Africa (MENA) region is expected to continue in 2018 and 2019. MENA's oil exporters and oil importers both are benefitting from improved global growth; increased trade with trading partners in Europe and Asia; more stabilized commodity markets, especially oil; and some reforms undertaken in the region. The World Bank estimates that growth will accelerate to above 3 percent in 2019. Growth, however, remains below potential as crises and conflicts continue to damage output and reduce employment. While MENA has experienced more frequent conflicts than any other part of the world, by its magnitude, the refugee crisis represents something new. The protracted stay of refugees in hosting communities, now in its sixth year, not only has increased the risk to MENA's economic outlook but also has brought refugees' long-term development challenges to the forefront. Meeting these enormous challenges requires collective efforts. 2017-09-25T18:54:09Z 2017-09-25T18:54:09Z 2017-10-11 Serial 978-1-4648-1214-9 http://hdl.handle.net/10986/28395 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, D.C.: World Bank Publications & Research Publications & Research :: Publication Middle East and North Africa Middle East North Africa
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 IDPS
LIBYA
MIDDLE EAST AND NORTH AFRICA
SYRIA
YEMEN
CIVIL WAR
CONFLICT
ECONOMIC POLICY
GREEN SHOOTS
GROWTH
INTERNATIONAL COMMUNITY
OIL PRICES
PEACE
PIL EXPORTERS
POVERTY
REFUGEES
VOLATILITY
DISPLACED PEOPLES
spellingShingle IDPS
LIBYA
MIDDLE EAST AND NORTH AFRICA
SYRIA
YEMEN
CIVIL WAR
CONFLICT
ECONOMIC POLICY
GREEN SHOOTS
GROWTH
INTERNATIONAL COMMUNITY
OIL PRICES
PEACE
PIL EXPORTERS
POVERTY
REFUGEES
VOLATILITY
DISPLACED PEOPLES
Devarajan, Shantayanan
Mottaghi, Lili
Middle East and North Africa Economic Monitor, October 2017 : Refugee Crisis in MENA, Meeting the Development Challenges
geographic_facet Middle East and North Africa
Middle East
North Africa
description The pickup in economic activity in the Middle East and North Africa (MENA) region is expected to continue in 2018 and 2019. MENA's oil exporters and oil importers both are benefitting from improved global growth; increased trade with trading partners in Europe and Asia; more stabilized commodity markets, especially oil; and some reforms undertaken in the region. The World Bank estimates that growth will accelerate to above 3 percent in 2019. Growth, however, remains below potential as crises and conflicts continue to damage output and reduce employment. While MENA has experienced more frequent conflicts than any other part of the world, by its magnitude, the refugee crisis represents something new. The protracted stay of refugees in hosting communities, now in its sixth year, not only has increased the risk to MENA's economic outlook but also has brought refugees' long-term development challenges to the forefront. Meeting these enormous challenges requires collective efforts.
format Serial
author Devarajan, Shantayanan
Mottaghi, Lili
author_facet Devarajan, Shantayanan
Mottaghi, Lili
author_sort Devarajan, Shantayanan
title Middle East and North Africa Economic Monitor, October 2017 : Refugee Crisis in MENA, Meeting the Development Challenges
title_short Middle East and North Africa Economic Monitor, October 2017 : Refugee Crisis in MENA, Meeting the Development Challenges
title_full Middle East and North Africa Economic Monitor, October 2017 : Refugee Crisis in MENA, Meeting the Development Challenges
title_fullStr Middle East and North Africa Economic Monitor, October 2017 : Refugee Crisis in MENA, Meeting the Development Challenges
title_full_unstemmed Middle East and North Africa Economic Monitor, October 2017 : Refugee Crisis in MENA, Meeting the Development Challenges
title_sort middle east and north africa economic monitor, october 2017 : refugee crisis in mena, meeting the development challenges
publisher Washington, D.C.: World Bank
publishDate 2017
url http://hdl.handle.net/10986/28395
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