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• W368721344 abstract "The paper explores the actual relationship, if any, between reform, and growth in the Middle East and North Africa (MNA) region, especially in the 1990s, benchmarking against the performance of other developing regions, and countries. The growth performance of MNA countries reviewed in this paper suggests that reforms in MNA remain very much a half-finished business. Reforms have clearly begun, but most MNA countries are late reformers, and continue to lag other countries, and regions' performance. The effect of reforms is difficult to distinguish, but may have so far, at least contributed to reverse the large negative total factor productivity losses of the 1970s, and 1980s. But the private investment response has been lagging, and, understanding the reasons are a priority - and the needed reforms my need to go well beyond the first stage of structural reforms in these countries. Finally, sustained improvement in productivity performance will be critical, and appears to be tied, at least at first glance, to success in rapid diversification in economic activity over time, in traded goods and services, and away from excessive dependence on resources, and commodities such as oil (which induce high volatility, and low productivity performance)." @default.
• W368721344 created "2016-06-24" @default.
• W368721344 creator A5031571404 @default.
• W368721344 date "2002-07-31" @default.
• W368721344 modified "2023-09-24" @default.
• W368721344 title "Reform and elusive growth in the Middle East - What has happened in the 1990s?" @default.
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