World Bank Country Studies

68 items available

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https://hdl.handle.net/10986/4392
Country Studies are published with approval of the subject government to communicate the results of the Bank's work on the economic and related conditions of member countries to governments and to the development community. This series as been superseded by the World Bank Studies series.

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Has files: true × Subject: ECONOMIC GROWTH × Region: Middle East and North Africa ×

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    Fostering Higher Growth and Employment in the Kingdom of Morocco
    (Washington, DC: World Bank, 2006) World Bank
    This book identifies the binding constraints to growth of Morocco. It applies an innovative procedure known as "growth diagnostic" and has a central finding. The Moroccan economy suffers from a too slow process of structural transformation for achieving higher growth, especially for its exports that face unfavorable external shocks arising from competitor countries in the main markets for Moroccan exports. This process of so-called "productive diversification" requires that Morocco enhance its competitiveness.
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    Economic Growth in the Republic of Yemen : Sources, Constraints, and Potentials
    (Washington, DC, 2002) World Bank
    High and sustained rate of economic growth in Yemen is a necesary, though not sufficient, condition for reduction of the high incidence of poverty and for raising the living standards of Yemeni citizens. Evidence in this report suggests that the main obstacle to rapid and sustained economic growth is the weak governance that characterizes Yemen in addition to the weaknesses in domestic security, property rights, and rule of law systems. Weak governance in Yemen is characterized/manifested by widespread corruption, lack of transparency and accountability, inefficiency in the interaction of public officials and private business, ineffective or absent market promoting institutions such as those enforcing contracts (courts, tribunals, etc.), poor performance of the public sector in terms of delivering essential goods and implementing programs, associated lack of incentives and skills in the civil service, and weak enforceability of contracts and rulings. Along with ordering the governance situation, there are areas that should receive government priority in the short and medium term, including: 1) enhancing domestic security to boost economic activity in all economic sectors; 2) removing excessive and arbitrary regulations to strengthen basic infrastructure and other services and to attract private investment into these sectors; 3) legal and judicial reform; and 4) sustained implementation of civil service reforms.