Unlocking Sustainable Private Sector Growth in the Middle East and North Africa

More than a decade after the Arab Spring, the Middle East and North Africa region finds itself facing momentous challenges. The COVID-19 pandemic has disrupted economies, and the Russian invasion of Ukraine sent shockwaves through the region, with higher hydrocarbon prices, risks to food security an...

Full description

Saved in:
Bibliographic Details
Main Author: European Investment Bank (auth)
Format: Electronic Book Chapter
Language:English
Published: 2022
Subjects:
Online Access:OAPEN Library: download the publication
OAPEN Library: description of the publication
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:More than a decade after the Arab Spring, the Middle East and North Africa region finds itself facing momentous challenges. The COVID-19 pandemic has disrupted economies, and the Russian invasion of Ukraine sent shockwaves through the region, with higher hydrocarbon prices, risks to food security and a drop in tourism. Beyond looms the threat of climate change. But challenging times provide opportunities for change. The region's private sector can seize the moment. It remains the hope for many young people and has the potential to drive a sustainable model of growth. The Enterprise Surveys, conducted by the EIB, EBRD and the World Bank, provide insight into what lies beneath the region's relatively slow growth, with a focus on the reasons for stagnating productivity and inadequate accumulation of human and physical capital in the private sector.
ISBN:4598
9789286152207
Access:Open Access