This paper addresses the issue of the low level of private investment in the Middle East and North Africa (MENA) region, with special emphasis on the role of governance. Based on the existing literature, the authors categorize what types of governance institutions are more detrimental to...

"The authors examine the impact of public infrastructure on private capital formation in three countries of the Middle East and North Africa-Egypt, Jordan, and Tunisia. They highlight various channels through which public infrastructure may affect private investment. Then they describe their...

Contents of the report are as follows: Long-term economic development: challenges and prospects for the Arab countries by Mustapha K. Nabli. Reform complementarities and economic growth in the Middle East and North Africa by Mustapha Kamel Nabli, and Marie-Ange Veganzones-Varoudakis. After...

This paper examines the impact of public infrastructure on private capital formation in three countries of the Middle East and North Africa: Egypt, Jordan, and Tunisia. The first part highlights various channels through which public infrastructure may affect private investment. The second part...

The world's attention to the countries of the Middle East and North Africa (MENA) region has often been dominated by headline issues: conflict, sanctions, political turmoil, and rising oil prices. Little of this international attention has considered the broad range of development challenges...

Intro -- Contents -- Foreword -- Acknowledgments -- Acronyms and Abbreviations -- Overview -- 1. Shifting to New Sources of Growth -- 2. Missed Opportunities in Global Integration -- 3. Identifying the Barriers: Trade Policy, Investment Climate, and the Political Economy -- 4. Achieving the...

This paper addresses the issue of the low level of private investment in the Middle East and North Africa (MENA) region, with special emphasis on the role of governance. Based on the existing published reports, we categorize what types of governance institutions are more detrimental to...