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Regional events continue to affect the short-term economic prospects in the Middle East and North Africa (MENA), while major developments in the global economy over the past six months have put the region on a two-track growth path for 2012. These developments include a significant rise in crude...
Persistent link: https://www.econbiz.de/10012555933
The report estimates Middle East and North Africa's (MENA's) infrastructure investment and maintenance needs through 2020 at 106 billion dollars per year or 6.9 percent of the annual regional gross domestic product (GDP). Developing oil exporting countries (OEC) will need to commit almost 11...
Persistent link: https://www.econbiz.de/10012555948
The political events reshaping the Middle East and North Africa (MENA) region underlines that the key to political stability and renewed growth is going to depend on enabling more inclusive political and economic paths. Exports and especially non-oil exports will play a key role in developing...
Persistent link: https://www.econbiz.de/10012555986
MENA felt the impact of the financial and economic crisis to a much lesser extent than developed economies and emerging markets outside Asia, however, the economic recovery in MENA has also lacked vigor. Before the recent uprisings, MENA was expected to return to pre-crisis growth rates of 4.8...
Persistent link: https://www.econbiz.de/10012555993
The Middle East and North Africa region is recovering from the financial crisis along with the global economy. Growth in 2010 is expected to be 4.4 percent region-wide, driven by domestic absorption as well as a positive contribution from external demand. The recovery from the crisis differs by...
Persistent link: https://www.econbiz.de/10012556024