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Trade, Investment and Development in the Middle East and North Africa : Engaging with the World

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  • World Bank

Abstract

The book describes why expanding trade, and investment is vital for the Middle East and North Africa region. The greatest economic challenge is to create enough jobs for its rapidly growing labor force, which is increasingly young, and educated, to ward off threats to social, and political stability, inherent in high unemployment rates. This effort requires higher, and more sustainable, economic growth than has been achieved in the past two decades. Expanding trade, and private investment offers the best hope. The potential is enormous, given the region's human resources, skills, location, and opportunities. The book also analyzes why the region has yet to tap fully into the rich stream of global commerce, and investment - and the measures needed to do so, including improvements in the domestic investment climate, and reforms in the policies of the region's trading partners.

Suggested Citation

  • World Bank, 2003. "Trade, Investment and Development in the Middle East and North Africa : Engaging with the World," World Bank Publications - Books, The World Bank Group, number 15116, December.
    • Handle: RePEc:wbk:wbpubs:15116
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    Citations

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    Cited by:

    1. Bartlomiej Kaminski, 2003. "Economic Regime for Iraq: the Foreign Trade Perspective," CASE Network Studies and Analyses 0259, CASE-Center for Social and Economic Research.
    2. Soliman, Ibrahim & Mashhour, Ahmed & Gaber, Mohamed, 2011. "A review of The National and International Agro‐Food Policies and Institutions in Egypt," MPRA Paper 66779, University Library of Munich, Germany, revised 15 May 2011.
    3. Brach, Juliane, 2010. "Technological Readiness in the Middle East and North Africa – Implications for Egypt," GIGA Working Papers 155, GIGA German Institute of Global and Area Studies.
    4. Sufian Eltayeb Mohamed & Moise G. Sidiropoulos, 2010. "Another Look At The Determinants Of Foreign Direct Investment In Mena Countries: An Empirical Investigation," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 35(2), pages 75-95, June.
    5. Murat Arsel & Adam Hanieh, 2015. "Forum 2015," Development and Change, International Institute of Social Studies, vol. 46(4), pages 979-992, July.
    6. Daniele, Vittorio & Marani, Ugo, 2006. "Do institutions matter for FDI? A comparative analysis for the MENA countries," MPRA Paper 2426, University Library of Munich, Germany.
    7. Brach, Juliane, 2008. "Constraints to Economic Development and Growth in the Middle East and North Africa," GIGA Working Papers 85, GIGA German Institute of Global and Area Studies.
    8. Hisarciklilar, Mehtap & Kayam, Saime Suna & Kayalica, Ozgur, 2006. "Locational Drivers of FDI in MENA Countries: A Spatial Attempt," MPRA Paper 2085, University Library of Munich, Germany.
    9. Peter NUNNENKAMP, 2001. "Why Economic Growth Has Been Weak in Arab Countries: The Role of Exogenous Shocks, Economic Policy Failure and Institutional Defiencies," Middle East and North Africa 330400047, EcoMod.
    10. Turan Subasat & Sotiris Bellos, 2011. "Economic Freedom and Foreign Direct Investment in Latin America: A Panel Gravity Model Approach," Economics Bulletin, AccessEcon, vol. 31(3), pages 2053-2065.
    11. Hamid, Zarinah & Amin, Ruzita Mohd, 2013. "Trade and Human Development in OIC Countries: A Panel Data Analysis," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 21, pages 55-70.
    12. Alfred Tovias & Sema Kalaycioglu & Inon Dafni & Ester Ruben & Lior Herman, 2007. "What Would Normalisation of Economic Relations Between Mashrek Countries, Turkey and Israel Imply?," The World Economy, Wiley Blackwell, vol. 30(4), pages 665-684, April.
    13. Adlah Alessa, 2017. "Self-efficacy and Motivations among Saudi Employees toward Creating their Own Business," International Journal of Business and Management, Canadian Center of Science and Education, vol. 12(6), pages 1-75, May.
    14. Alvaro, Cuervo-Cazurra, 2011. "Selecting the country in which to start internationalization: The non-sequential internationalization model," Journal of World Business, Elsevier, vol. 46(4), pages 426-437, October.
    15. Stephan Klasen & Janneke Pieters, 2015. "What Explains the Stagnation of Female Labor Force Participation in Urban India?," The World Bank Economic Review, World Bank, vol. 29(3), pages 449-478.
    16. Nader Alber & Vivian Bushra Kheir, 2019. "Public-Private Investment and Macroeconomic Determinants: Evidence from MENA Countries," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 11(1), pages 15-27, January.
    17. Julia Devlin & Peter Yee, 2005. "Trade Logistics in Developing Countries: The Case of the Middle East and North Africa," The World Economy, Wiley Blackwell, vol. 28(3), pages 435-456, March.
    18. Pravin Jadhav & Vijaya Katti, 2012. "Institutional and Political Determinants of Foreign Direct Investment: Evidence From BRICS Economies," Poverty & Public Policy, John Wiley & Sons, vol. 4(3), pages 49-57, September.
    19. Hassan, Sherif, 2016. "Reaping the Bless of Arab Migrants: Mobilizing Diaspora for Private Sector Development," MPRA Paper 71539, University Library of Munich, Germany.
    20. Nuruzzaman, N. & Singh, Deeksha & Pattnaik, Chinmay, 2019. "Competing to be innovative: Foreign competition and imitative innovation of emerging economy firms," International Business Review, Elsevier, vol. 28(5), pages 1-1.
    21. Mohammad Reza Farzanegan & Sherif Maher Hassan, 2020. "How does the flow of remittances affect the trade balance of the Middle East and North Africa?," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 23(2), pages 248-266, July.
    22. Hussein N. Ismail & Lama Nakkache, 2015. "Gender Differences at Work: Experiencing Human Resource Management Policies in Lebanese Firms," Global Business Review, International Management Institute, vol. 16(6), pages 907-919, December.

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