IDEAS home Printed from https://ideas.repec.org/p/wbk/wboper/28395.html
   My bibliography  Save this paper

Middle East and North Africa Economic Monitor, October 2017

Author

Listed:
  • Shantayanan Devarajan
  • Lili Mottaghi

Abstract

The pickup in economic activity in the Middle East and North Africa (MENA) region is expected to continue in 2018 and 2019. MENA's oil exporters and oil importers both are benefitting from improved global growth; increased trade with trading partners in Europe and Asia; more stabilized commodity markets, especially oil; and some reforms undertaken in the region. The World Bank estimates that growth will accelerate to above 3 percent in 2019. Growth, however, remains below potential as crises and conflicts continue to damage output and reduce employment. While MENA has experienced more frequent conflicts than any other part of the world, by its magnitude, the refugee crisis represents something new. The protracted stay of refugees in hosting communities, now in its sixth year, not only has increased the risk to MENA's economic outlook but also has brought refugees' long-term development challenges to the forefront. Meeting these enormous challenges requires collective efforts.

Suggested Citation

  • Shantayanan Devarajan & Lili Mottaghi, "undated". "Middle East and North Africa Economic Monitor, October 2017," World Bank Publications - Reports 28395, The World Bank Group.
    • Handle: RePEc:wbk:wboper:28395
    as

    Download full text from publisher

    File URL: https://openknowledge.worldbank.org/bitstreams/101e1b62-4d94-508c-991e-cb40cb927ea9/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mette Foged & Giovanni Peri, 2016. "Immigrants' Effect on Native Workers: New Analysis on Longitudinal Data," American Economic Journal: Applied Economics, American Economic Association, vol. 8(2), pages 1-34, April.
    2. James C. Murdoch & Todd Sandler, 2004. "Civil Wars and Economic Growth: Spatial Dispersion," American Journal of Political Science, John Wiley & Sons, vol. 48(1), pages 138-151, January.
    3. World Bank, 2011. "World Development Report 2011 [Rapport sur le développement dans le monde 2011 : Conflits, sécurité et développement - Abrégé]," World Bank Publications - Books, The World Bank Group, number 4389.
    4. Easterly, William & Levine, Ross, 1998. "Troubles with the Neighbours: Africa's Problem, Africa's Opportunity," Journal of African Economies, Centre for the Study of African Economies, vol. 7(1), pages 120-142, March.
    5. George J. Borjas & Joan Monras, 2017. "The labour market consequences of refugee supply shocks," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 32(91), pages 361-413.
    6. Shantayanan Devarajan & Lili Mottaghi, "undated". "MENA Quarterly Economic Brief, July 2016," World Bank Publications - Reports 24684, The World Bank Group.
    7. Shantayanan Devarajan & Lili Mottaghi, "undated". "MENA Quarterly Economic Brief, January 2016," World Bank Publications - Reports 23705, The World Bank Group.
    8. Paolo Verme & Chiara Gigliarano & Christina Wieser & Kerren Hedlund & Marc Petzoldt & Marco Santacroce, 2016. "The Welfare of Syrian Refugees," World Bank Publications - Books, The World Bank Group, number 23228.
    9. Shekhar Aiyar & Bergljot B Barkbu & Nicoletta Batini & Helge Berger & Enrica Detragiache & Allan Dizioli & Christian H Ebeke & Huidan Huidan Lin & Linda Kaltani & Sebastian Sosa & Antonio Spilimbergo , 2016. "The Refugee Surge in Europe; Economic Challenges," IMF Staff Discussion Notes 16/2, International Monetary Fund.
    10. World Bank, 2012. "Republic of Lebanon--Good Jobs Needed : The Role of Macro, Investment, Education, Labor and Social Protection Policies," World Bank Publications - Reports 13217, The World Bank Group.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mahmoud Arayssi & Ali Fakih & Nathir Haimoun, 2019. "Did the Arab Spring reduce MENA countries’ growth?," Applied Economics Letters, Taylor & Francis Journals, vol. 26(19), pages 1579-1585, November.
    2. Devadas,Sharmila & Elbadawi,Ibrahim Ahmed & Loayza,Norman V., 2019. "Growth after War in Syria," Policy Research Working Paper Series 8967, The World Bank.
    3. Qusai Mohammad Qasim Alabed & Fathin Faizah Said & Zulkefly Abdul Karim & Mohd Azlan Shah Zaidi & Mohammed Daher Alshammary, 2021. "Energy–Growth Nexus in the MENA Region: A Dynamic Panel Threshold Estimation," Sustainability, MDPI, vol. 13(22), pages 1-18, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chang Woon Nam & Jan Schumacher, 2014. "Dynamics and Time Frameof Post War Recovery Required for Compensating Civil War Economic Losses," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 15(03), pages 79-87, August.
    2. Chang Woon Nam & Jan Schumacher, 2013. "Dynamics and Time Scope of Post War Recovery Required for Compensating Civil War Economic Losses," CESifo Working Paper Series 4361, CESifo.
    3. Berbée, Paul & Brücker, Herbert & Garloff, Alfred & Sommerfeld, Katrin, 2022. "The labor demand effects of refugee immigration: Evidence from a natural experiment," ZEW Discussion Papers 22-069, ZEW - Leibniz Centre for European Economic Research.
    4. Matti Sarvimäki, 2021. "Managing Refugee Protection Crises: Policy Lessons from Economics and Political Science," RF Berlin - CReAM Discussion Paper Series 2131, Rockwool Foundation Berlin (RF Berlin) - Centre for Research and Analysis of Migration (CReAM).
    5. Quy-Toan Do & Shantayanan Devarajan & Anne Brockmeyer & Lili Mottaghi & Clement Joubert & Kartika Bhatia & Mohamed Abdel-Jelil, "undated". "Middle East and North Africa Economic Monitor, October 2016," World Bank Publications - Reports 25087, The World Bank Group.
    6. Crost, Benjamin & Felter, Joseph H. & Johnston, Patrick B., 2016. "Conditional cash transfers, civil conflict and insurgent influence: Experimental evidence from the Philippines," Journal of Development Economics, Elsevier, vol. 118(C), pages 171-182.
    7. Altındağ, Onur & Bakış, Ozan & Rozo, Sandra V., 2020. "Blessing or burden? Impacts of refugees on businesses and the informal economy," Journal of Development Economics, Elsevier, vol. 146(C).
    8. Marco Alfano & Ross McKenzie & Graeme Roy, 2020. "The cross-occupational effects of immigration on native wages in the UK," Working Papers 2011, University of Strathclyde Business School, Department of Economics.
    9. Bahar, Dany & Ibáñez, Ana María & Rozo, Sandra V., 2021. "Give me your tired and your poor: Impact of a large-scale amnesty program for undocumented refugees," Journal of Development Economics, Elsevier, vol. 151(C).
    10. Verme, Paolo & Schuettler, Kirsten, 2021. "The impact of forced displacement on host communities: A review of the empirical literature in economics," Journal of Development Economics, Elsevier, vol. 150(C).
    11. Stefano Fusaro & Enrique López-Bazo, 2018. "“The Impact of Immigration on Native Employment: Evidence from Italy”," AQR Working Papers 201811, University of Barcelona, Regional Quantitative Analysis Group, revised Jul 2018.
    12. Quy-Toan Do & Shantayanan Devarajan & Mohamed Abdel Jelil & Lili Mottaghi, "undated". "Middle East and North Africa Economic Monitor, April 2016," World Bank Publications - Reports 24010, The World Bank Group.
    13. Aracı, Doğu Tan & Demirci, Murat & Kırdar, Murat Güray, 2022. "Development level of hosting areas and the impact of refugees on natives’ labor market outcomes in Turkey☆," European Economic Review, Elsevier, vol. 145(C).
    14. Borjas, George J. & Edo, Anthony, 2021. "Gender, Selection into Employment, and the Wage Impact of Immigration," IZA Discussion Papers 14261, Institute of Labor Economics (IZA).
    15. Auer, Daniel & Götz, Lilia, 2021. "Refugee migration, labor demand, and local employment," GLO Discussion Paper Series 989, Global Labor Organization (GLO).
    16. Theresa Beltramo & Hai-Anh Dang & Ibrahima Sarr & Paolo Verme, 2024. "Estimating poverty among refugee populations: a cross-survey imputation exercise for Chad," Oxford Development Studies, Taylor & Francis Journals, vol. 52(1), pages 94-113, January.
    17. Shantayanan Devarajan & Lili Mottaghi, "undated". "Middle East and North Africa Economic Monitor, April 2017," World Bank Publications - Reports 26305, The World Bank Group.
    18. Aksu, Ege & Erzan, Refik & Kırdar, Murat Güray, 2022. "The impact of mass migration of Syrians on the Turkish labor market," Labour Economics, Elsevier, vol. 76(C).
    19. Lucas Guichard, 2020. "Self-selection of Asylum Seekers: Evidence From Germany," Demography, Springer;Population Association of America (PAA), vol. 57(3), pages 1089-1116, June.
    20. Anthony Edo, 2017. "The Impact of Immigration on Wage Dynamics: Evidence from the Algerian Independence War," CESifo Working Paper Series 6595, CESifo.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wboper:28395. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tal Ayalon (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.