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The paper considers investment and growth in the Middle East and North Africa (MENA) region. Notwithstanding cross-country differences, investment as a whole has been too low, too heavily tilted toward the public sector, too highly dependent on external influences, and less productive than in...
Persistent link: https://www.econbiz.de/10014398073
Sustaining a high rate of economic growth is the major policy issue facing the Arab economies. A detailed analysis of growth, investment, and savings for the period 1971-96, including through a growth accounting exercise, shows that increasing long-run growth requires improvements in both...
Persistent link: https://www.econbiz.de/10014403299
Persistent link: https://www.econbiz.de/10013425511
Persistent link: https://www.econbiz.de/10013425519
Sustaining a high rate of economic growth is the major policy issue facing the Arab economies. A detailed analysis of growth, investment, and savings for the period 1971-96, including through a growth accounting exercise, shows that increasing long-run growth requires improvements in both...
Persistent link: https://www.econbiz.de/10014065143