Middle East and North Africa Economic Developments and Prospects, October 2012 : Looking Ahead After a Year in Transition

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dc.contributorIanchovichina, Elena
dc.contributorWood, Christina
dc.contributorMottaghi, Lili
dc.contributorFreund, Caroline
dc.creatorWorld Bank
dc.date2012-12-17T17:55:53Z
dc.date2012-12-17T17:55:53Z
dc.date2012-10-01
dc.date.accessioned2026-07-01T01:02:32Z
dc.descriptionThe Arab Republic of Egypt, Tunisia, Libya and the Republic of Yemen are recovering after a period of economic growth decelerations accompanying the Arab Spring uprisings of 2011. Economic recovery was relatively quick, with industrial production recovering in a matter of months and, in the cases of Egypt and Tunisia, the growth dips of 2011 were smaller than the average growth declines observed around the year of transition during past transitions to democracy. Importantly, the growth decelerations and recovery have taken place in a weak global environment, with events in the Euro zone posing particular challenges to Tunisia, and to a lesser extent, Egypt. The report focuses on the economic developments and short-term outlook for four Middle East and North Africa (MENA) Economies, Tunisia, Egypt, the Republic of Yemen and Libya. These four countries are given special attention because each of them experienced a revolution and a major political change in 2011 and is undergoing a process of political transition toward democracy. The sudden change had important economic consequences. While other countries in the Middle East and North Africa are undergoing political change, the economic ramifications were muted as compared with the changes observed in the four MENA post-revolutionary economies.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifier978-0-8213-9807-4
dc.identifierhttps://hdl.handle.net/10986/11979
dc.identifierhttps://doi.org/10.1596/978-0-8213-9807-4
dc.identifier.urihttp://hdl.handle.net/123456789/414581
dc.languageen_US
dc.publisherWashington, DC
dc.relationMiddle East and North Africa Economic Developments and Prospects;
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectaccounting
dc.subjectadverse impact
dc.subjectagriculture
dc.subjectaverage oil price
dc.subjectbalance of payment
dc.subjectbalance of payments
dc.subjectbank liquidity
dc.subjectbanking system
dc.subjectbill
dc.subjectbinding constraint
dc.subjectbonds
dc.subjectbudget deficit
dc.subjectcapacity constraints
dc.subjectcapital account
dc.subjectcapital flows
dc.subjectCDS
dc.subjectcentral bank
dc.subjectclarity
dc.subjectcommercial banks
dc.subjectcommodity prices
dc.subjectconsolidation
dc.subjectconsumer price index
dc.subjectconsumption growth
dc.subjectCPI
dc.subjectCredit Default
dc.subjectCredit Default Swap
dc.subjectcredit expansion
dc.subjectcurrency
dc.subjectcurrency depreciations
dc.subjectcurrency devaluation
dc.subjectcurrent account
dc.subjectCurrent account balance
dc.subjectcurrent account deficit
dc.subjectcurrent account imbalances
dc.subjectcurrent account surpluses
dc.subjectCurrent accounts
dc.subjectdebt burden
dc.subjectdebt levels
dc.subjectdepositors
dc.subjectdevaluation
dc.subjectDeveloped countries
dc.subjectdeveloping countries
dc.subjectDevelopment Policy
dc.subjectdomestic consumption
dc.subjectdomestic debt
dc.subjectdomestic demand
dc.subjectdomestic demand growth
dc.subjectEconomic activity
dc.subjecteconomic consequences
dc.subjecteconomic contraction
dc.subjecteconomic crisis
dc.subjecteconomic development
dc.subjectECONOMIC DEVELOPMENTS
dc.subjecteconomic environment
dc.subjecteconomic growth
dc.subjectEconomic Outlook
dc.subjecteconomic situation
dc.subjecteconomic slowdown
dc.subjectexcess liquidity
dc.subjectexchange rate
dc.subjectexperience of countries
dc.subjectexport competitiveness
dc.subjectexport growth
dc.subjectexport volumes
dc.subjectexposure
dc.subjectexposures
dc.subjectexternal balance
dc.subjectexternal balances
dc.subjectexternal demand
dc.subjectexternal financing
dc.subjectexternal position
dc.subjectexternal positions
dc.subjectfinancial crisis
dc.subjectfinancial management
dc.subjectfinancial markets
dc.subjectfinancial sector
dc.subjectfinancial support
dc.subjectFiscal balance
dc.subjectFiscal Balances
dc.subjectfiscal deficit
dc.subjectfiscal deficits
dc.subjectfiscal policies
dc.subjectFiscal policy
dc.subjectfiscal position
dc.subjectfiscal positions
dc.subjectfood price
dc.subjectfood prices
dc.subjectForeign Direct Investment
dc.subjectforeign exchange
dc.subjectforeign exchange reserves
dc.subjectforeign inflows
dc.subjectforeign investment
dc.subjectforeign investors
dc.subjectforeign reserves
dc.subjectGDP
dc.subjectglobal markets
dc.subjectgold
dc.subjectgovernment debt
dc.subjectgovernment expenditures
dc.subjectgovernment financing
dc.subjectgovernment revenue
dc.subjectgovernment revenues
dc.subjectgovernment spending
dc.subjectGross Domestic Product
dc.subjectgrowth rate
dc.subjecthigh inflation
dc.subjecthigh unemployment
dc.subjecthousehold income
dc.subjectimmunity
dc.subjectimmunity law
dc.subjectimport
dc.subjectimport growth
dc.subjectimports
dc.subjectinflation
dc.subjectInflation rate
dc.subjectinflationary pressures
dc.subjectinfrastructure investments
dc.subjectinterest payments
dc.subjectinterest rate
dc.subjectInternational Bank
dc.subjectinternational capital
dc.subjectinternational capital markets
dc.subjectinternational prices
dc.subjectinternational reserves
dc.subjectinternational standards
dc.subjectinvestment climate
dc.subjectinvestment spending
dc.subjectLabor Force
dc.subjectlabor market
dc.subjectliberalization
dc.subjectliquidity
dc.subjectLoan
dc.subjectM1
dc.subjectmacroeconomic indicators
dc.subjectmacroeconomic management
dc.subjectmacroeconomic performance
dc.subjectmacroeconomic stability
dc.subjectmacroeconomic variables
dc.subjectmarket exchange rate
dc.subjectmarket rate
dc.subjectmaturities
dc.subjectmonetary conditions
dc.subjectmonetary expansion
dc.subjectMonetary Fund
dc.subjectmonetary policies
dc.subjectmonetary policy
dc.subjectnational currency
dc.subjectnet exports
dc.subjectnominal anchor
dc.subjectoil economy
dc.subjectoil export
dc.subjectOIL EXPORTERS
dc.subjectoil exporting countries
dc.subjectoil exports
dc.subjectoil importers
dc.subjectoil price
dc.subjectoil prices
dc.subjectoil revenues
dc.subjectoil sector
dc.subjectoil supply
dc.subjectOPEC
dc.subjectOpen market
dc.subjectoutput declines
dc.subjectpensions
dc.subjectpetroleum prices
dc.subjectpolitical climate
dc.subjectpolitical risks
dc.subjectpolitical turmoil
dc.subjectpolitical uncertainty
dc.subjectprice hikes
dc.subjectprice index
dc.subjectprice of oil
dc.subjectprivate investment
dc.subjectPrivate sector credit
dc.subjectpublic debt
dc.subjectpublic expenditure
dc.subjectpublic expenditures
dc.subjectPublic Investment
dc.subjectpublic investments
dc.subjectpublic spending
dc.subjectreal GDP
dc.subjectreal interest
dc.subjectreal interest rates
dc.subjectrecession
dc.subjectRegional growth
dc.subjectremittances
dc.subjectreserve
dc.subjectreserve requirement
dc.subjectreserve requirements
dc.subjectreturn
dc.subjectreturns
dc.subjectshortfalls
dc.subjectslowdown
dc.subjectsovereign risk
dc.subjectstructural problems
dc.subjectstructural reforms
dc.subjectsupply shocks
dc.subjectsupply side
dc.subjectsurplus
dc.subjectsustainable growth
dc.subjectT - BILLs
dc.subjectT-bills
dc.subjecttax
dc.subjecttax collection
dc.subjecttax revenues
dc.subjecttelecommunications
dc.subjecttotal exports
dc.subjectTotal reserves
dc.subjecttrade balance
dc.subjecttrade deficit
dc.subjecttrading
dc.subjecttrading partner
dc.subjecttransition economies
dc.subjectTreasury
dc.subjectTreasury bills
dc.subjectUncertainties
dc.subjectUncertainty
dc.subjectunemployment
dc.subjectUnemployment rate
dc.subjectUnemployment rates
dc.subjectupward pressure
dc.subjectwages
dc.subjectWorld Development Indicators
dc.titleMiddle East and North Africa Economic Developments and Prospects, October 2012 : Looking Ahead After a Year in Transition

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