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- W211871287 abstract "This edition of the Middle East and North Africa (MENA) regional economic update foresees opportunities to reshape the economic playing field to include greater openness and citizen participation. MENA could witness a significant boost to growth in the medium term if transitions are strongly managed. The report discusses the economic outlook for the region and also analyses how high and rising food prices have impacted the region. The first part focuses on the short-term economic outlook, with a breakdown of how each sub-region is being affected by unrest and uncertainty, and also by high commodity prices. Overall, the MENA region is expected to experience about 1.2 percentage point drop in growth, as compared with the January estimates, owing to output disruptions and the decline in confidence associated with transition in several countries. In particular, developing MENA is expected to see a decline in growth of about 2.6 percentage points, as compared with pre-revolution estimates. The second part narrows in on food prices and examines the vulnerability of the region to food price increases. The report focuses on the short-run forecast and immediate challenges. Given current uncertainty, it is impossible to make a credible forecast of the medium run. One way to get around this issue is to look at other transitions to get a sense of what typically happens." @default.
- W211871287 created "2016-06-24" @default.
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- W211871287 date "2011-05-01" @default.
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- W211871287 title "Facing challenges and opportunities" @default.
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