The Economic Monitor examines four possible factors behind Tunisia's slow recovery. First, the drop in mobility related to the pandemic may have been more harmful in Tunisia. However, mobility in Tunisia has dropped to a similar extent as other countries and it has now returned to pre-pandemic...

Iraq is facing daunting challenges of Islamic State of Iraq and Syria (ISIS) insurgency, political upheaval, and profound economic and humanitarian crises. Compounding the ISIS-related crisis, the sharp decline in global oil prices has resulted in significant decline in oil export revenues....

The Lebanon Economic Monitor provides an update on key economic developments and policies over the past six months. It also presents findings from recent World Bank work on Lebanon. It places them in a longer-term and global context and assesses the implications of these developments and other...

Armenia has a very small economy that has carried out strong reforms in many areas over the past decade and a half. It grew at a very fast pace prior to the global crisis (about 12 percent on average between 2000 and 2007), in part due to a strong inflow of remittances and Foreign Direct...

Jordan's economy achieved a relatively strong rebound, registering 2.2 percent growth in 2021. The nascent recovery was led by a broad-based expansion of the services and industrial sectors, while the rebound in the travel and tourism also exceeded expectations. This robust economic recovery was...

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 economies of the Western Balkans continue to face a turbulent external environment, placing households, firms, and governments under acute stress. Just as the post-COVID recovery of 2021 began to fade and the region returned to a normalized rate of economic growth, the Western Balkan region...