This year appears to be one of the toughest for the Middle East and North Africa (MENA) Region as governments are facing major policy challenges. Growth is expected to slow down to an average of 2.3 percent this year, half a percentage point lower than last year. Low oil prices have dampened growth among the oil exporters, especially the GCC countries, which are forecast to grow at only 1.6 percent in 2016. Four of the developing oil exporters—Syria, Iraq, Yemen and Libya—are mired in civil war or violent conflict. MENA’s oil importers, who would normally benefit from low oil prices, are also growing slowly (2.6 percent on average) because of spillovers from wars in neighboring countries or the effects of terrorist attacks on tourism and investor confidence. Recognizing that the rise of violent extremism has contributed to the region’s poor economic performance, the report looks at the underlying determinants of this phenomenon.
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Author
Devarajan,Shantayanan, Mottaghi,Lili, Do,Quy-Toan, Brockmeyer,Anne, Joubert,Clement Jean Edouard, Bhatia,Kartika, Abdel Jelil,Mohamed, Shaban,Radwan Ali, Chaal-Dabi,Isabelle, Lenoble,Nathalie
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Document Date
2016/10/01
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Document Type
Working Paper
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Report Number
108525
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2016/10/05
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Disclosure Status
Disclosed
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Doc Name
Economic and social inclusion to prevent violent extremism
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Citation
Devarajan,Shantayanan Mottaghi,Lili Do,Quy-Toan Brockmeyer,Anne Joubert,Clement Jean Edouard Bhatia,Kartika Abdel Jelil,Mohamed Shaban,Radwan Ali Chaal-Dabi,Isabelle Lenoble,Nathalie
Economic and social inclusion to prevent violent extremism (Arabic). Middle East and North Africa (MENA) Economic Monitor Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/582871475669923685/Economic-and-social-inclusion-to-prevent-violent-extremism