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Business Environment Constraints On Growth In The Mena Region

  • RINA BHATTACHARYA

    ()

    (Monetary and Capital Markets Department, International Monetary Fund, Washington, D.C. 20431, USA)

  • HIRUT WOLDE

    ()

    (Middle East and Central Asia Department, International Monetary Fund, Washington, D.C. 20431, USA)

Registered author(s):

    In this paper we contribute to the empirical literature on growth in the MENA region by attempting to quantify the impact of the various constraints faced by local businesses highlighted by the World Bank's Business Enterprise surveys. To the best of our knowledge this dataset has not been used in any empirical analysis looking at the main constraints on growth in the MENA region. Our empirical results suggest that the key direct constraints to growth in the MENA region are difficulties in access to finance, labor skill mismatches and shortages, and electricity constraints.

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    Article provided by World Scientific Publishing Co. Pte. Ltd. in its journal Middle East Development Journal.

    Volume (Year): 04 (2012)
    Issue (Month): 01 ()
    Pages: 1250004-1-1250004-18

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    Handle: RePEc:wsi:medjxx:v:04:y:2012:i:01:p:1250004-1-1250004-18
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