Why MENA Needs a Finance and Private Sector Marshall Plan
Middle East and North Africa (MENA) is a largely middle income (MIC) region however, it tends to perform more like a low income (LIC) region on many critical financial and private sector economic indicators. This is an important explanatory variabl...
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Language: | English en_US |
Published: |
World Bank, Washington, DC
2014
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Online Access: | http://documents.worldbank.org/curated/en/2014/03/20144236/mena-needs-finance-private-sector-marshall-plan http://hdl.handle.net/10986/20549 |
Summary: | Middle East and North Africa (MENA) is a
largely middle income (MIC) region however, it tends to
perform more like a low income (LIC) region on many critical
financial and private sector economic indicators. This is an
important explanatory variable as to why MENA job growth is
so weak. This brief provides an overview of a series of
areas where MENA lags behind other regions, particularly LIC
regions such as Sub-Saharan Africa and South Asia. More than
ever, World Bank support is needed to create jobs and boost
shared prosperity in a promising region which significantly underperforms. |
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