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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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 |
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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 |
_version_ |
1764466805187805184 |