In Time of Troubles: Challenges and Prospects in the Middle East and North Africa
AbstractThe recent crises concerning food and finances highlight the extreme fragility of the MENA countries and question the sustainability of the development processes. The social stress and economic instability caused by these challenges give a good indication of what might be expected in the future. This paper intends to provide a comprehensive analysis for understanding the major challenges faced by the region and the kind of internal impediments that will need to be dealt with in order to achieve a higher level of economic development and more resilience to external shocks.
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Bibliographic InfoPaper provided by William Davidson Institute at the University of Michigan in its series William Davidson Institute Working Papers Series with number wp981.
Date of creation: 01 Apr 2010
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MENA region; Economic Fragility;
Find related papers by JEL classification:
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- N2 - Economic History - - Financial Markets and Institutions
This paper has been announced in the following NEP Reports:
- NEP-AFR-2010-08-14 (Africa)
- NEP-ALL-2010-08-14 (All new papers)
- NEP-ARA-2010-08-14 (MENA - Middle East & North Africa)
- NEP-DEV-2010-08-14 (Development)
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