Middle East and North Africa Economic Monitor, October 2014

Released on by Shantayanan Devarajan
preview-18

  • Middle East and North Africa Economic Monitor, October 2014 Book Detail

  • Author : Shantayanan Devarajan
  • Release Date : 2014-11-10
  • Publisher : World Bank Publications
  • Genre : Business & Economics
  • Pages : 54
  • ISBN 13 : 1464804427
  • File Size : 73,73 MB
DOWNLOAD BOOK

Middle East and North Africa Economic Monitor, October 2014 by Shantayanan Devarajan PDF Summary

Book Description: The economic outlook for the Middle East and North Africa (MENA) region in 2015 is slightly more favorable than in 2013-14, when the region as a whole grew at 3 percent a year. The World Bank group’s latest MENA Economic Monitor projects MENA’s economic growth to average 5.2 percent in 2015 driven by domestic consumption, easing political tensions crowding-in investments in Egypt and Tunisia, and full resumption of oil production in Libya. However the violent conflicts in Syria, Iraq, Gaza, Yemen and Libya with their spillovers to Lebanon and Jordan could make MENA’s economic prospects bleak. The report has a special focus on the corrosive nature of the large energy subsidies in MENA. The MENA region is currently experiencing growth below potential, high unemployment, urban air pollution and congestion, and severe water scarcity that is undermining agriculture. The report shows how energy subsidies have contributed to these development challenges. Reforming these subsidies, therefore, should be one of the highest priorities of policymakers.

Disclaimer: www.yourbookbest.com does not own Middle East and North Africa Economic Monitor, October 2014 books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.