Publication: MENA : Recovering from the Crisis
Date
2010-05
ISSN
Published
2010-05
Author(s)
Abstract
The Middle East and North Africa region
is recovering from the financial crisis along with the
global economy. Growth in 2010 is expected to be 4.4 percent
region-wide, driven by domestic absorption as well as a
positive contribution from external demand. The recovery
from the crisis differs by country depending on initial
conditions and the intensity of the impact via the three
principal channels through which the global financial crisis
affected Middle East and North Africa (MENA) economies - the
financial sector, the price of oil, and the balance of
payments, reflecting the impact on trade, remittances and
Foreign Direct Investment (FDI) flows.
Citation
“Ianchovichina, Elena. 2010. MENA : Recovering from the Crisis. MENA Knowledge and Learning Quick Notes Series; No. 24. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/a0cc8233-b639-575a-b026-dec825657cf8 License: CC BY 3.0 IGO.”