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Unlocking Sustainable Private Sector Growth in the Middle East and North Africa

Economic growth in the Middle East and North Africa (MENA) has been weak since the global financial crisis of 2007-09 and the Arab Spring of the early 2010s. Achieving higher and sustainable growth is particularly important in view of other economi...

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Autores principales: World Bank, European Bank for Reconstruction and Development, European Investment Bank
Formato: En linea
Idioma:inglés
Publicado: Luxembourg City: European Investment Bank; London: European Bank for Reconstruction and Development; Washington, DC: World Bank 2022
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Acceso en línea:http://documents.worldbank.org/curated/en/099915006222230892/P17850507c961d007089ce07b13191e8ac0
https://hdl.handle.net/10986/37601
https://doi.org/10.1596/978-92-861-5220-7
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author World Bank
European Bank for Reconstruction and Development
European Investment Bank
author_facet World Bank
European Bank for Reconstruction and Development
European Investment Bank
author_sort World Bank
collection Colección Documentos Técnicos
description Economic growth in the Middle East and North Africa (MENA) has been weak since the global financial crisis of 2007-09 and the Arab Spring of the early 2010s. Achieving higher and sustainable growth is particularly important in view of other economic challenges facing the region: public debt in MENA countries has increased considerably over the last decade, accompanied by declining investment. This report seeks to understand what lies beneath that relatively slow growth, with a particular focus on the reasons for stagnating productivity and inadequate accumulation of human capital and physical capital in the region’s private sector. To this end, the report summarizes the main findings from nine background papers based on enterprise survey data. It also draws conclusions for policy, not only for promoting stronger firm performance, but also for addressing the challenge of climate change by pursuing sustainable growth.
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spelling wb-10986-376012025-04-28T07:10:08Z Unlocking Sustainable Private Sector Growth in the Middle East and North Africa Evidence from the Enterprise Survey World Bank European Bank for Reconstruction and Development European Investment Bank HUMAN CAPITAL PHYSICAL CAPITAL SLOW GROWTH PRIVATE SECTOR STAGNATING PRODUCTIVITY MENA ENTERPRISE SURVEY DATA FIRM PERFORMANCE SUSTAINABLE GROWTH PUBLIC DEBT MANAGEMENT GREEN ECONOMY ACCESS TO FINANCE AND INVESTMENT DIGITAL TECHNOLOGY ADOPTION Economic growth in the Middle East and North Africa (MENA) has been weak since the global financial crisis of 2007-09 and the Arab Spring of the early 2010s. Achieving higher and sustainable growth is particularly important in view of other economic challenges facing the region: public debt in MENA countries has increased considerably over the last decade, accompanied by declining investment. This report seeks to understand what lies beneath that relatively slow growth, with a particular focus on the reasons for stagnating productivity and inadequate accumulation of human capital and physical capital in the region’s private sector. To this end, the report summarizes the main findings from nine background papers based on enterprise survey data. It also draws conclusions for policy, not only for promoting stronger firm performance, but also for addressing the challenge of climate change by pursuing sustainable growth. 2022-06-27T23:11:34Z 2022-06-27T23:11:34Z 2022 Book Rapport Informe http://documents.worldbank.org/curated/en/099915006222230892/P17850507c961d007089ce07b13191e8ac0 978-92-861-5220-7 https://hdl.handle.net/10986/37601 https://doi.org/10.1596/978-92-861-5220-7 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf application/pdf application/pdf text/plain Luxembourg City: European Investment Bank; London: European Bank for Reconstruction and Development; Washington, DC: World Bank
spellingShingle HUMAN CAPITAL
PHYSICAL CAPITAL
SLOW GROWTH PRIVATE SECTOR
STAGNATING PRODUCTIVITY
MENA ENTERPRISE SURVEY DATA
FIRM PERFORMANCE
SUSTAINABLE GROWTH
PUBLIC DEBT MANAGEMENT
GREEN ECONOMY
ACCESS TO FINANCE AND INVESTMENT
DIGITAL TECHNOLOGY ADOPTION
World Bank
European Bank for Reconstruction and Development
European Investment Bank
Unlocking Sustainable Private Sector Growth in the Middle East and North Africa
title Unlocking Sustainable Private Sector Growth in the Middle East and North Africa
title_full Unlocking Sustainable Private Sector Growth in the Middle East and North Africa
title_fullStr Unlocking Sustainable Private Sector Growth in the Middle East and North Africa
title_full_unstemmed Unlocking Sustainable Private Sector Growth in the Middle East and North Africa
title_short Unlocking Sustainable Private Sector Growth in the Middle East and North Africa
title_sort unlocking sustainable private sector growth in the middle east and north africa
topic HUMAN CAPITAL
PHYSICAL CAPITAL
SLOW GROWTH PRIVATE SECTOR
STAGNATING PRODUCTIVITY
MENA ENTERPRISE SURVEY DATA
FIRM PERFORMANCE
SUSTAINABLE GROWTH
PUBLIC DEBT MANAGEMENT
GREEN ECONOMY
ACCESS TO FINANCE AND INVESTMENT
DIGITAL TECHNOLOGY ADOPTION
url http://documents.worldbank.org/curated/en/099915006222230892/P17850507c961d007089ce07b13191e8ac0
https://hdl.handle.net/10986/37601
https://doi.org/10.1596/978-92-861-5220-7
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