You are looking at 1 - 1 of 1 items for :

  • Investments: General x
  • International organization x
  • Renewable Resources and Conservation: Water x
  • Economic History and Conditions x
  • Society and Social Sciences x
  • Finance: General x
  • Cross-cutting issues x
  • Environment Sciences x
  • Financial instruments x
  • United Kingdom x
  • United States x
  • Balance of payments x
  • Refine By Language: English x
Clear All
International Monetary Fund. External Relations Dept.

This paper analyzes why the Middle East and North Africa (MENA) region has lagged in growth and globalization. Despite attempts to spur recovery and initiate structural reforms, many countries in the region remain on a slow growth path, effectively sidelined from globalization and the benefits of closer economic integration with the rest of the world. The benefits from oil failed to generate a sustained growth dynamic or bring about greater regional economic integration. The paper highlights that the slowdown in economic reforms is a key factor for the economic depression in the MENA region.