Publication:
Republic of Yemen: Unlocking the Potential for Economic Growth

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dc.contributor.authorWorld Bank
dc.date.accessioned2016-01-14T20:04:36Z
dc.date.available2016-01-14T20:04:36Z
dc.date.issued2015-10
dc.description.abstractPart one of the report provides an overview of the economy. It has one chapter (chapter one), which provides an overview of the country’s growth and macroeconomic performance and challenges and analyzes and emphasizes the limited dynamism of a rent- and hydrocarbon-cursed economy. Part II describes cross-cutting issues that constrain policy implementation, regardless of the sectors where they occur. In chapter two, the report draws on material outlined in the rest of the report to argue that the policy problems that undermine the country’s development can be linked directly to political distortions introduced by the fragmentation among the population and the elites. While the informal elite networks are able to block reform and aggressively continue to seek rents that might otherwise be recycled into development, the population is unable to exert its rights and hold the elites accountable. Chapter three analyzes the major impediments in the business environment. Through the analysis of the de jure legal and regulatory business environment as well as the enforcement of business regulations, the chapter identifies key legal and institutional changes that can help reduce the opportunities for rent seeking that favor well-connected businesses. Chapter four discusses the opportunities to maximize the benefits of the country’s human capital by enhancing the quality of worker skills, increasing women’s labor force participation, and facilitating the migration of Yemenis to work in the Gulf Cooperation Council (GCC) countries. To achieve this goal, the Republic of Yemen needs to enhance the quality of the education system, especially technical education and vocational training (TEVT), and respond to the existing demand for skilled workers. Chapter five explores the constraints to realizing the potential of agriculture. It argues that a key constraint on the sector is the capture of land and water by multiple elites motivated by short-term rent extraction, which prevents the efficient management of these assets and therefore undermines any possibility of sustainable development. The chapter also discusses other constraints and weaknesses affecting the sector and proposes legal and institutional changes that could help increase transparency in the management of the sector. Chapter six analyzes the prospects for growth in the oil and gas sector and discusses key governance reforms that would help reduce rent seeking in the sector.en
dc.identifierhttp://documents.worldbank.org/curated/en/2015/12/25721392/yemen-republic-unlocking-potential-economic-growth
dc.identifier.doi10.1596/23660
dc.identifier.urihttps://hdl.handle.net/10986/23660
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectTARIFFS
dc.subjectFISH
dc.subjectECONOMIC INCENTIVES
dc.subjectUNEMPLOYMENT RATES
dc.subjectAVERAGE COSTS
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectECONOMIC GROWTH
dc.subjectTECHNOLOGICAL PROGRESS
dc.subjectRENEWABLE RESOURCES
dc.subjectMARKET DISTORTIONS
dc.subjectCARBON
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectEXPECTATIONS
dc.subjectPRODUCERS
dc.subjectRESOURCE MANAGEMENT
dc.subjectPROPERTY RIGHTS
dc.subjectBALANCE OF PAYMENTS
dc.subjectFINANCIAL RESOURCES
dc.subjectLABOR FORCE
dc.subjectPOLITICAL ECONOMY
dc.subjectREVENUES
dc.subjectECONOMIC PROBLEMS
dc.subjectSUSTAINABLE MANAGEMENT
dc.subjectINCENTIVES
dc.subjectEQUILIBRIUM
dc.subjectMODELS
dc.subjectCOMMON GOOD
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectAGRICULTURAL OUTPUT
dc.subjectOLIGOPOLY
dc.subjectAUDITS
dc.subjectRESOURCE USE
dc.subjectECONOMIC ACTIVITY
dc.subjectEXPLOITATION
dc.subjectOIL PRICES
dc.subjectARABLE LAND
dc.subjectLABOR COSTS
dc.subjectWATER PRICING
dc.subjectCROWDING OUT
dc.subjectOIL
dc.subjectFOOD POLICY RESEARCH
dc.subjectPOPULATION GROWTH
dc.subjectCAPITAL FORMATION
dc.subjectLABOR PRODUCTIVITY
dc.subjectOPTIONS
dc.subjectEXTERNALITIES
dc.subjectQUOTAS
dc.subjectSUSTAINABLE WATER
dc.subjectDEBT
dc.subjectLAND DEGRADATION
dc.subjectPOLLUTION
dc.subjectFISHERY MANAGEMENT
dc.subjectFORESTRY
dc.subjectTECHNOLOGY TRANSFERS
dc.subjectECONOMIC POLICIES
dc.subjectDEMOGRAPHIC GROWTH
dc.subjectNATURAL RESOURCES
dc.subjectMETALS
dc.subjectSUBSIDIES
dc.subjectEFFICIENCY
dc.subjectFISHING
dc.subjectRANGELANDS
dc.subjectTAXES
dc.subjectLAND USE
dc.subjectRESOURCES
dc.subjectUNEMPLOYMENT
dc.subjectEQUITY
dc.subjectENERGY CONSUMPTION
dc.subjectECONOMIC REGULATIONS
dc.subjectDEMOGRAPHIC TRANSITION
dc.subjectPOTENTIAL INVESTORS
dc.subjectPRODUCTIVITY GROWTH
dc.subjectCONSUMPTION
dc.subjectRURAL COMMUNITIES
dc.subjectWAGES
dc.subjectCLIMATE CHANGE
dc.subjectVALUES
dc.subjectMARKET PRICES
dc.subjectECONOMIC VALUE
dc.subjectIMMUNITY
dc.subjectPOLICY MAKERS
dc.subjectCREDIT
dc.subjectPURCHASING POWER
dc.subjectDEMAND
dc.subjectSUSTAINABLE USE
dc.subjectNATIONAL INCOME
dc.subjectPUBLIC EXPENDITURES
dc.subjectELECTRICITY GENERATION
dc.subjectINTERMEDIATE GOODS
dc.subjectEXPENDITURES
dc.subjectPROPERTY
dc.subjectPHYSICAL DESTRUCTION
dc.subjectCORPORATE TAXES
dc.subjectDECISION MAKING
dc.subjectECONOMIC RENTS
dc.subjectTAX RATES
dc.subjectOPPORTUNITY COSTS
dc.subjectTRANSACTION COSTS
dc.subjectENVIRONMENT
dc.subjectCONCEPTUAL FRAMEWORK
dc.subjectECONOMIC SITUATION
dc.subjectECONOMICS
dc.subjectCAPITAL GOODS
dc.subjectFISHERIES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectTRADE
dc.subjectLAND
dc.subjectECONOMIES OF SCALE
dc.subjectOIL REFINERIES
dc.subjectCOMMERCIAL BANKS
dc.subjectADMINISTRATIVE PROCEDURES
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOAL
dc.subjectFARMS
dc.subjectSUSTAINABLE EXPLOITATION
dc.subjectPOLLUTION CHARGES
dc.subjectECONOMIC INITIATIVES
dc.subjectOIL RESERVES
dc.subjectREVENUE
dc.subjectHIGH UNEMPLOYMENT
dc.subjectRECYCLING
dc.subjectPROFITS
dc.subjectENVIRONMENTAL
dc.subjectLABOR MARKETS
dc.subjectPUBLIC GOOD
dc.subjectDEMOGRAPHICS
dc.subjectFISHERS
dc.subjectPRICES
dc.subjectNEGATIVE EXTERNALITIES
dc.subjectOIL SECTOR
dc.subjectPRODUCTION COSTS
dc.subjectECONOMIES
dc.subjectPUBLIC GOODS
dc.subjectCOMPETITION
dc.titleRepublic of Yemenen
dc.title.subtitleUnlocking the Potential for Economic Growthen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.date.disclosure2016-01-13
okr.date.doiregistration2025-05-07T12:44:39.943361Z
okr.doctypeEconomic & Sector Work::Country Economic Memorandum
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2015/12/25721392/yemen-republic-unlocking-potential-economic-growth
okr.guid673781467997642839
okr.identifier.externaldocumentum090224b08405cafe_3_0
okr.identifier.internaldocumentum25721392
okr.identifier.report102151
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/01/13/090224b08405cafe/3_0/Rendered/PDF/Yemen00Republi00for0economic0growth.pdfen
okr.region.countryYemen, Republic of
okr.sectorPublic Administration, Law, and Justice
okr.themeEconomic management :: Analysis of economic growth
okr.themeEconomic management :: Macroeconomic management
okr.themePublic sector governance :: Tax policy and administration
okr.themeTrade and integration :: Export development and competitiveness
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicSocial Protections and Labor::Labor Policies
okr.topicEnvironment::Environmental Economics & Policies
okr.topicMacroeconomics and Economic Growth::Political Economy
okr.unitGMF - MENA (GMF05)
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