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This article presents estimates of the impact of China's accession to the World Trade Organization (WTO). China is estimated to be the biggest beneficiary (US$31 billion a year from trade reforms in preparation for accession and additional gains of $10 billion a year from reforms after...
Persistent link: https://www.econbiz.de/10012564053
Eruptions of Popular Anger: The Economics of the Arab Spring and Its Aftermath sets out to answer three puzzles—the “Arab inequality” puzzle of civil uprisings in countries with low-to-moderate and stagnant economic inequality, the “unhappy development” paradox of increasing...
Persistent link: https://www.econbiz.de/10012565189
The state of national labor markets has always been a concern for governments and development agencies such as the World Bank. Key labor market indicators, such as the rate of unemployment, send signals about the health of an economy and mirror citizens' attitudes. Being gainfully employed is an...
Persistent link: https://www.econbiz.de/10012565987
The Syrian war and the subsequent emergence and spread of the Islamic State (ISIS) have transformed the Levant in ways one could not have imagined prior to 2011. As the numbers of dead and of refugees and internally displaced kept climbing, and as families were torn apart and neighborhoods were...
Persistent link: https://www.econbiz.de/10012567476
The Middle East and North Africa (MENA) region has made steady progress in terms of the World Bank's twin goals of eliminating extreme poverty and boosting shared prosperity. During the 2000s, the percentage of people living on less than $1.25 a day declined in all regional economies, except...
Persistent link: https://www.econbiz.de/10012567578
The political and social upheavals that followed the Arab Spring of 2011 continue to dominate economic activity and near term prospects in the Middle East and North Africa (MENA). Although political transitions bring promises of greater political and economic freedom, in MENA the process remains...
Persistent link: https://www.econbiz.de/10012567595
In 2013, Middle East and North Africa (MENA) regional growth is expected to slow to 3.8 percent from 6.1 percent in 2012. Growth deceleration into 2013 reflects a return to more sustainable growth in oil exporting countries, which reached 7.4 percent in 2012. Egypt's growth is expected to weaken...
Persistent link: https://www.econbiz.de/10012567601
This note is based on report entitled Looking Ahead after a Year in Transition that was issued by the Chief Economist s office of the Middle East and North Africa region of the World Bank. Egypt, Libya, Tunisia, and Yemen are given special attention because each of them experienced a revolution...
Persistent link: https://www.econbiz.de/10012567607