Publication:
Natural Resource Abundance, Growth, and Diversification in the Middle East and North Africa : The Effects of Natural Resources and the Role of Policies

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dc.contributor.authorDiop, Ndiamé
dc.contributor.authorMarotta, Daniela
dc.contributor.authorde Melo, Jaime
dc.contributor.editorDiop, Ndamé
dc.contributor.editorMarotta, Daniela
dc.contributor.editorde Melo, Jaime
dc.date.accessioned2012-12-11T19:17:16Z
dc.date.available2012-12-11T19:17:16Z
dc.date.issued2012-09-08
dc.description.abstractThis book is organized as follows: this first chapter examines the pattern of structural transformation in Middle East and North Africa, or MENA and summarizes the role of various factors examined thoroughly in the rest of the volume. This second chapter examines the correlates of this overall disappointing performance. At the macro level, MENA countries have been unable to maintain depreciated (undervalued) real exchange rates for long periods, yet such undervaluation has proved important to offset the market failures and poor institutional environment that severely hit the dynamic non-resource-intensive traded sectors. This third chapter shows that services sectors in resource-rich MENA countries have been declining as a share of gross domestic product (GDP) and of non-mining GDP as per capita incomes increase. This fourth chapter explores the presence of systematic differences between the patterns of diversification in MENA and the rest of the world. This fifth chapter shows that from a historical perspective, fiscal policy has not contributed significantly to diversification in MENA, because it has been more oriented toward food and fuel subsidies (consumption) rather than toward public goods such as infrastructure (investment). Finally, in this sixth chapter, the authors emphasize the different characteristics of the regional partners in terms of their resource endowments and consider wealth distribution effects within the region.en
dc.identifierhttp://documents.worldbank.org/curated/en/2012/09/16732287/natural-resource-abundance-growth-diversification-middle-east-north-africa-effects-natural-resources-role-policies
dc.identifier.isbn978-0-8213-9591-2
dc.identifier.urihttps://hdl.handle.net/10986/11956
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesDirections in development;trade
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectADVERSE EFFECTS
dc.subjectAGRICULTURAL PRODUCTIVITY
dc.subjectAGRICULTURE
dc.subjectARABLE LAND
dc.subjectBASE YEAR
dc.subjectBENCHMARKING
dc.subjectBENCHMARKS
dc.subjectBUSINESS ENVIRONMENT
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL FORMATION
dc.subjectCIVIL WAR
dc.subjectCIVIL WARS
dc.subjectCLOSED ECONOMIES
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICE
dc.subjectCOMMON MARKET
dc.subjectCOMMUNICATION TECHNOLOGY
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMER GOODS
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONSUMPTION EXPENDITURES
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCPI
dc.subjectCROWDING OUT
dc.subjectDEMOCRACIES
dc.subjectDEMOCRACY
dc.subjectDESCRIPTIVE STATISTICS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPING ECONOMIES
dc.subjectDEVELOPING WORLD
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDIVERSIFICATION
dc.subjectDOMESTIC COMPETITION
dc.subjectECONOMETRICS
dc.subjectECONOMIC ACTIVITIES
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC CONCENTRATION
dc.subjectECONOMIC COOPERATION
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC EFFICIENCY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC INTEGRATION
dc.subjectECONOMIC OPPORTUNITIES
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC THEORY
dc.subjectECONOMICS
dc.subjectECONOMICS RESEARCH
dc.subjectECONOMIES OF SCALE
dc.subjectELASTICITY
dc.subjectEMPIRICAL EVIDENCE
dc.subjectEMPIRICAL RESULTS
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATE REGIMES
dc.subjectEXPENDITURES
dc.subjectEXPLOITATION
dc.subjectEXPORT DIVERSIFICATION
dc.subjectEXPORT GROWTH
dc.subjectEXPORT MARKETS
dc.subjectEXPORTS
dc.subjectEXPOSURE
dc.subjectEXTERNALITIES
dc.subjectFACTOR PRICES
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectFINANCIAL SUPPORT
dc.subjectFISCAL POLICIES
dc.subjectFISCAL POLICY
dc.subjectFIXED CAPITAL
dc.subjectFIXED EXCHANGE RATE REGIMES
dc.subjectFLEXIBLE EXCHANGE RATES
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFREE TRADE
dc.subjectFREE TRADE AGREEMENT
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL RISK
dc.subjectGLOBALIZATION
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROSS FIXED CAPITAL FORMATION
dc.subjectGROWTH EPISODE
dc.subjectGROWTH IN TRADE
dc.subjectGROWTH MODELS
dc.subjectGROWTH PERFORMANCE
dc.subjectGROWTH PROCESS
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHIGH CONCENTRATION
dc.subjectHIGH GROWTH
dc.subjectHUMAN CAPITAL
dc.subjectINCOME ELASTICITY
dc.subjectINCOME ELASTICITY OF DEMAND
dc.subjectINCOME GROUP
dc.subjectINCOME GROUPS
dc.subjectINCOMES INCREASE
dc.subjectINDIVIDUAL COUNTRIES
dc.subjectINDUSTRIAL DEVELOPMENT
dc.subjectINDUSTRIAL SECTOR
dc.subjectINDUSTRIALIZATION
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectINPUT PRICES
dc.subjectINSTITUTIONAL ENVIRONMENT
dc.subjectINTERMEDIATE GOODS
dc.subjectINTERNATIONAL LABOUR ORGANIZATION
dc.subjectINTERNATIONAL TRADE
dc.subjectJOB CREATION
dc.subjectLABOR FORCE
dc.subjectLONG RUN
dc.subjectLONG-RUN GROWTH
dc.subjectLONG-TERM GROWTH
dc.subjectMACROECONOMIC ISSUES
dc.subjectMACROECONOMIC POLICIES
dc.subjectMACROECONOMIC POLICY
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMICS
dc.subjectMANUFACTURING INDUSTRIES
dc.subjectMARGINAL EFFECT
dc.subjectMARKET ACCESS
dc.subjectMARKET ENTRY
dc.subjectMARKET FAILURES
dc.subjectMARKET PARTICIPANTS
dc.subjectMARKET REGULATIONS
dc.subjectMARKET SHARE
dc.subjectMARKET SHARES
dc.subjectMICROFINANCE
dc.subjectNATIONAL INCOME
dc.subjectNATURAL MONOPOLIES
dc.subjectNATURAL RESOURCE
dc.subjectNATURAL RESOURCES
dc.subjectNEGATIVE EFFECT
dc.subjectNEGATIVE IMPACT
dc.subjectNEW MARKETS
dc.subjectNEW PRODUCTS
dc.subjectNON-OIL TRADE
dc.subjectOIL
dc.subjectOIL EXPORTERS
dc.subjectOIL PRICES
dc.subjectOIL RESERVES
dc.subjectOPEC
dc.subjectOPEN ECONOMY
dc.subjectOUTPUT
dc.subjectOUTPUT GROWTH
dc.subjectOUTPUT VOLATILITY
dc.subjectOUTPUTS
dc.subjectOVERVALUATION
dc.subjectPER CAPITA GROWTH
dc.subjectPER CAPITA INCOME
dc.subjectPER CAPITA INCOMES
dc.subjectPOLICY IMPLICATIONS
dc.subjectPOLICY ISSUES
dc.subjectPOLICY MAKERS
dc.subjectPOLICY RESEARCH
dc.subjectPOLITICAL ECONOMY
dc.subjectPOOR COUNTRIES
dc.subjectPOOR GOVERNANCE
dc.subjectPOVERTY REDUCTION
dc.subjectPOWER PARITY
dc.subjectPRICE INDEXES
dc.subjectPRICE LEVELS
dc.subjectPRICE SUBSIDY
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPRODUCTION COSTS
dc.subjectPRODUCTION STRUCTURES
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC SECTOR
dc.subjectPURCHASING POWER
dc.subjectREAL ESTATE
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL EXCHANGE RATES
dc.subjectREAL GDP
dc.subjectREGIONAL INTEGRATION
dc.subjectREGIONAL TRADE
dc.subjectREGULATORY RESTRICTIONS
dc.subjectRENT SEEKING
dc.subjectRESOURCE MANAGEMENT
dc.subjectRICH COUNTRIES
dc.subjectSAVINGS
dc.subjectSCIENTIFIC RESEARCH
dc.subjectSECTOR ACTIVITY
dc.subjectSECTOR REFORMS
dc.subjectSTANDARD DEVIATION
dc.subjectSTRUCTURAL CHANGE
dc.subjectTECHNOLOGICAL ADVANCES
dc.subjectTERMS OF TRADE
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTRADABLE SECTORS
dc.subjectTRADE COMPETITIVENESS
dc.subjectTRADE DIVERSION
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE POLICIES
dc.subjectTRADE POLICY
dc.subjectTRADE REFORMS
dc.subjectTRANSPARENCY
dc.subjectUNDERVALUATION
dc.subjectVOLATILITY
dc.subjectWAGES
dc.subjectWEALTH
dc.subjectWEALTH DISTRIBUTION
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.subjectWORLD ECONOMY
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleNatural Resource Abundance, Growth, and Diversification in the Middle East and North Africa : The Effects of Natural Resources and the Role of Policiesen
dspace.entity.typePublication
okr.date.disclosure2012-09-12
okr.doctypePublications & Research::Publication
okr.doctypePublications & Research::Publication
okr.docurlhttp://documents.worldbank.org/curated/en/2012/09/16732287/natural-resource-abundance-growth-diversification-middle-east-north-africa-effects-natural-resources-role-policies
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticePoverty
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeTrade and Competitiveness
okr.guid362691468278937113
okr.identifier.doi10.1596/978-0-8213-9591-2
okr.identifier.externaldocumentum000333037_20120914011418
okr.identifier.internaldocumentum16732287
okr.identifier.report72463
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/09/14/000333037_20120914011418/Rendered/PDF/724630PUB0Publ067926B09780821395912.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.geographicalNorth Africa
okr.region.geographicalMiddle East
okr.topicMacroeconomics and Economic Growth::Economic Conditions and Volatility
okr.topicEconomic Theory and Research
okr.topicPrivate Sector Development::Emerging Markets
okr.topicEnvironmental Economics and Policies
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicEnvironment
okr.unitIndonesia PREM Sector (EASPI)
okr.volume1 of 1
relation.isSeriesOfPublication706db16a-e556-46f0-8283-1b4a4b88645c
relation.isSeriesOfPublication.latestForDiscovery706db16a-e556-46f0-8283-1b4a4b88645c
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