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Growth in the MENA Region

In: Economics of the Middle East Development Challenges

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  • Julia C Devlin

Abstract

Similar to other developing regions, Middle East and North Africa (MENA) economies achieved very high growth during the 1950s and 1960s with per capita GDP rising more than seven times from 1960 to the mid-1980s. By the late 1970s and 1980s however, growth had collapsed and economic activity in many economies languished for nearly two decades. In the early to mid-2000s, growth accelerated rapidly, linked in part with higher oil prices and more favorable global economic circumstances…

Suggested Citation

  • Julia C Devlin, 2016. "Growth in the MENA Region," World Scientific Book Chapters, in: Economics of the Middle East Development Challenges, chapter 1, pages 1-34, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789814675208_0001
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    More about this item

    Keywords

    Economic Development; Middle East; North Africa;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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