The countries of the Middle East and North Africa (MENA) are blessed with an extraordinary cultural patrimony, secular and religious, of huge importance for each country and for humankind at large. The region is home to 48 sites already inscribed on the world heritage list maintained by the...

Development is often defined in terms of its economic aspects, as increased material well-being through ensured employment and income for all who want it. But as knows anyone whose children go to schools of poor quality, have no clean water to drink, or face the threat of violence, development...

This report explores the effect of political risk on foreign direct investment (FDI) flows to countries in the Middle East and North Africa. FDI flows dominated capital flows to MENA in the period since the early 2000s and the drop in FDI has been an important component of the economic decline...

The objective of this 2009 Middle East and North Africa (MENA) economic developments and prospects is to review the implication of the triple food-fuel-financial crisis for MENA economies. Chapter one reviews the year 2008 and the first few months of 2009. It discusses the impact of the global...

The report highlights the important links between good governance on a level legal and regulatory playing field, and the ability of investment to stimulate growth. Investment in the Middle East and North Africa (MENA) region has been strong over the last two decades in comparison with Latin...

The post-revolutionary economies of MENA - Egypt, Tunisia, Libya and Yemen - have been recovering after a period of growth decelerations in 2011. In Egypt and Tunisia, the growth dips of 2011 were less dramatic than the declines observed during previous transitions. The recovery has been...

The post-revolutionary economies of MENA - Egypt, Tunisia, Libya and Yemen - have been recovering after a period of growth decelerations in 2011. In Egypt and Tunisia, the growth dips of 2011 were less dramatic than the declines observed during previous transitions. The recovery has been...

The impact of the global financial and economic crisis on the Middle East and North Africa region was relatively mild. Lack of integration and a large public sector helped insulate the region to some extent, but now these and other factors are slowing down the speed of its economic recovery. The...