'Trade, Investment, and Development in the Middle East and North Africa: Engaging with the World' describes why expanding trade and investment is vital for this region. The greatest economic challenge is to create enough jobs for its rapidly growing labor force, which is increasingly young and educated, to ward off threats to social and political stability inherent in high unemployment rates. This effort requires higher, and more sustainable, economic growth than has been achieved in the past two decades. Expanding trade and private investment offers the best hope. The potential is enormous...

Decades of investment and improved policies have greatly increased women's education and health and have reduced their fertility rate. However, the expected payoffs in higher employment and economic growth have not materialized. Because of cultural and political barriers, only a third of women are in the labor force - the lowest rate in the world. Future economic growth must rely on human resources rather than on the natural resources relied on in the past. Women remain a huge, untapped reservoir of human potential. Gender issues have been seen as a peripheral concern that resided mainly...

Over the next two decades, the Middle East and North Africa (MENA) region faces an unprecedented challenge. In 2000, the labor forces of the region totaled some 104 million workers, a figure expected to reach 146 million by 2010 and 185 million by 2020. Given this expansion, the economies of the region will need to create some 80 million new jobs in the next two decades. With unemployment now at about 15 percent, the more ambitious goal of absorbing unemployed workers in addition to the new entrants implies the need to create close to 100 million jobs by 2020, a doubling of the current level...

Water in the Middle East and North Africa region is a source of major social and economic problems stemming from scarcity, variability, unreliable services, and environmental damage. The situation is likely to become even worse in the future, unless current practices change: by 2050 per capita availability will fall by half, water quality will deteriorate further, and more aquifers will become depleted. Climate change is predicted to worsen the problems by increasing temperatures and causing more droughts and floods. While water professionals have been advocating comprehensive water reforms...

The countries of the Middle East and North Africa (MENA) have been recovering from the global financial crisis, but the recent political turmoil has interrupted the pace of credit and output recovery in many countries. The political turmoil in the MENA region reveals deep-seated frustrations and a sense of political, social, and economic exclusion, especially among the youth. The relatively weak growth performance reflects a combination of insufficient reforms and weak reform implementation, including financial sector reforms. The structural weaknesses of financial sectors imply that access...

The Middle East and North Africa (MENA) Region is one of the most water stressed regions in the world. Water scarcity has already become a challenge to development in many of the countries. Due to increasing population and Projected climate change impacts, MENA's annual water demand gap is projected to grow five-fold by 2050, from today's 42 Km3 to 200 km3 by 2050. Despite its extreme scarcity, water is managed poorly. Inefficiencies are common in the agriculture, municipal and industrial systems; and many utilities are financially unsustainable. As a result, countries overexploit their...

In the Arab countries, climate change is a risk to poverty reduction and economic growth, threatening to unravel many of the development gains that have been achieved. The Arab Region is already suffering adverse consequences from climate variability and change. This book provides information on climate change and its impact in the Arab Region, as well as technical guidance on climate adaptation options for policy makers. The areas addressed include the economic impacts of climate change (as measured by the reduction in household income and GDP); the impacts of climate change on the water,...

The popular grievances that have fueled the Arab Spring since 2010 demonstrate that past development paradigms have failed to achieve the inclusive and sustainable growth expected by Arab populations. Countries in the Middle East and North Africa (MENA) region have failed to develop a strong private sector that is linked with global markets, survives without state assistance, and generates productive employment for young people. One key symptom of this maldevelopment is that, with the exception of the petroleum sector, MENA remains the least trade-integrated region in the world. The Deauville...

In the last two decades, the Middle East and North Africa (MENA) region has closed many critical gender gaps, especially in ensuring equal access for girls and boys to education and healthcare. Today, the region can be proud that its women are enrolling in far greater numbers in university than ever before, and indeed, in many countries, young women are more educated than young men. At the same time, MENA has also witnessed the largest decrease in maternal mortality in the world. These achievements are commendable, and the next step is expanding the role of MENA women in the work place and in...

PMThe report aims to meet two broad objectives: (a) enhance knowledge about the current state of existing social safety nets (SSNs) and assess their effectiveness in responding to new and emerging challenges to the poor and vulnerable in the region by bringing together new evidence, data, and country-specific analysis; and (b) open up and inform a debate on feasible policy options to make SSNs in the Middle East and North Africa more effective and innovative. The first chapter, 'a framework for SSN reform,' describes and illustrates the reasons for the region's growing need for SSN reform and...