Overconfident : How Economic and Health Fault Lines Left the Middle East and North Africa Ill-Prepared to Face COVID-19 (English)

This report examines the region’s economic prospects in 2021, forecasting that the recovery will be both tenuous and uneven as per capita GDP level stays below pre-pandemic levels. COVID-19 was a stress-test for the region’s public health systems, which were already overwhelmed even before the pandemic. Indeed, a decade of lackluster economic reforms left a legacy of large public sectors and high public debt that effectively crowded out investments...
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Gatti,Roberta V.; Lederman,Daniel; Fan,Yuting; Hatefi,Arian; Nguyen, Ha; Sautmann,Anja; Sax,Joseph Martin; Wood,Christina A..

Overconfident : How Economic and Health Fault Lines Left the Middle East and North Africa Ill-Prepared to Face COVID-19 (English). MENA Economic Update, October 2021 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/890331633670289901

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