Description: MENA Monitor : Economic Pressures Mount

MENA Monitor : Economic Pressures Mount

In 2013, Middle East and North Africa (MENA) regional growth is expected to slow to 3.8 percent from 6.1 percent in 2012. Growth deceleration into 2013 reflects a return to more sustainable growth in oil exporting countries, which reached 7.4 perce...

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Bibliographic Details
Main Author:	Ianchovichina, Elena
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	AUCTIONS AVERAGE GROWTH BALANCE OF PAYMENTS BASIS POINTS BLACK MARKET BOND BOND SPREADS CAPITAL INFLOWS CENTRAL BANK CONSOLIDATION CREDIT AGENCIES CREDIT RATING CREDIT RATINGS CURRENCY CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT POSITIONS DEPENDENT DEVELOPING COUNTRIES DOMESTIC DEBT DOMESTIC DEBT INSTRUMENTS ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC STRESS EXPENDITURES EXPORTERS EXTERNAL FINANCING EXTERNAL POSITION EXTERNAL POSITIONS FISCAL CONSOLIDATION FISCAL CONSTRAINTS FISCAL DEFICITS FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN RESERVES GLOBAL ECONOMY GOVERNMENT DEBT GOVERNMENT DEFICITS GOVERNMENT REVENUES HOUSEHOLD WELFARE IMBALANCES IMPORTS INCOME INCOME GROUPS INCOMES INEQUALITY AVERSION INTEREST PAYMENT INTERNATIONAL RESERVES INVESTMENT FLOWS JOB CREATION LABOR FORCE MARKET PRICES MARKET RATES OIL EXPORTERS OIL EXPORTING COUNTRIES OIL IMPORTERS OIL PRICES OUTPUT OUTPUT GROWTH PAYMENT OBLIGATIONS PENSIONS POLITICAL INSTABILITY POLITICAL STABILITY POLITICAL TURMOIL POLITICAL UPHEAVALS POVERTY RATE PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SPENDING PUBLIC WORKS RECURRENT EXPENDITURES REFERENDUM REGIONAL GROWTH RESERVES RETURN SLOW GROWTH SLOWDOWN SUSTAINABLE GROWTH TRANSITION ECONOMIES TREASURIES UNCERTAINTY UNEMPLOYMENT RATE UNEMPLOYMENT RATES WAGES
Online Access:	http://documents.worldbank.org/curated/en/2013/05/17776091/mena-monitor-economic-pressures-mount http://hdl.handle.net/10986/20568

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Summary:	In 2013, Middle East and North Africa (MENA) regional growth is expected to slow to 3.8 percent from 6.1 percent in 2012. Growth deceleration into 2013 reflects a return to more sustainable growth in oil exporting countries, which reached 7.4 percent in 2012. Egypt's growth is expected to weaken relative to 2012, but in other oil importing countries economic activity is expected to expand faster than in 2012. This outlook is subject to a variety of risks. Political instability, policy uncertainty, and weakened macroeconomic fundamentals are the key challenges facing developing MENA countries. Slow growth in Europe poses additional problems, especially for Morocco and Tunisia.

MENA Monitor : Economic Pressures Mount

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