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In Time of Troubles: Challenges and Prospects in the Middle East and North Africa

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  • Imed Drine

Abstract

The 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.

Suggested Citation

  • Imed Drine, 2010. "In Time of Troubles: Challenges and Prospects in the Middle East and North Africa," William Davidson Institute Working Papers Series wp981, William Davidson Institute at the University of Michigan.
  • Handle: RePEc:wdi:papers:2010-981
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    More about this item

    Keywords

    MENA region; Economic Fragility;

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • N2 - Economic History - - Financial Markets and Institutions

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