Publications /
Book / Report

Back
Read Report
Embarking on a Path of Renewal: MENA Commission on Stabilization and Growth
Authors
Nesreen Barakat
Leila Baghdadi
Ishac Diwan
Karim El Aynaoui
Ibrahim Elbadawi
Alia El Mahdi
Nada Eissa
Mahmoud Mohieldin
Mustapha Nabli
Omar Razzaz
Maha Yahya
Co-directed by Ishac Diwan and Ibrahim Elbadawi
October 31, 2022
Related topics: 
Economy
Macroeconomics and regulation
Regional integration
MENA

In the chaotic global post-COVID-19 economy, with the ongoing war in Ukraine, the challenge of adjusting to the global stagflation that is engulfing the world is particularly hard for the oil importing countries of the Middle East and North Africa (MENA) region.

A regional commission of experts, working under the auspices of the Economic Research Forum (ERF), and the Finance for Development Lab (FDL), was asked to evaluate the macro-economic risks ahead, and to make recommendations on the best course correction to avoid them.

After an elaborate process of analysis, consultation, and deliberation, the Commission came up with four sets of recommendations, which are presented in this report.

RELATED CONTENT

  • Lutter contre l’inflation et renforcer la résilience : quelles perspectives pour la région MENA ?
    Authors
    Oumayma Bourhriba
    May 18, 2023
    Le Policy Center for the New South (PCNS) et le Fonds Monétaire International (FMI) ont organisé, le 28 avril, à Rabat, une table ronde d'experts sur le thème "Fighting Inflation and Building Resilience : the Outlook for MENA and Morocco". Au niveau international, la lutte contre l’inflation constitue la principale préoccupation des politiques économiques dans la majorité des pays. La détection des risques inflationnistes a pris du retard après la crise sanitaire parce que les aut ...
  • Embarking on a Path of Renewal: MENA Commission on Stabilization and Growth
    Authors
    Nesreen Barakat
    Leila Baghdadi
    Ishac Diwan
    Karim El Aynaoui
    Ibrahim Elbadawi
    Alia El Mahdi
    Nada Eissa
    Mahmoud Mohieldin
    Mustapha Nabli
    Omar Razzaz
    Maha Yahya
    Co-directed by Ishac Diwan and Ibrahim Elbadawi
    October 31, 2022
    In the chaotic global post-COVID-19 economy, with the ongoing war in Ukraine, the challenge of adjusting to the global stagflation that is engulfing the world is particularly hard for the oil importing countries of the Middle East and North Africa (MENA) region. A regional commission of experts, working under the auspices of the Economic Research Forum (ERF), and the Finance for Development Lab (FDL), was asked to evaluate the macro-economic risks ahead, and to make recommendations ...
  • Download PDF
    Beyond the Arab Risings What Kind of Future?
    Authors
    Alessandro Minuto-Rizzo
    Alessandro Politi
    Claire Spencer
    Abdulaziz Sager
    Karim El Aynaoui
    Oumayma Bourhriba
    Mahboub E. Hashem
    Matt Herbert
    Umberto Profazio
    Eman Ragab
    Brahim Oumansour
    Ashraf Mohamed Keshk
    Jean-Loup Samaan
    Ahmad Masa’deh
    Giovanni Romani
    November 11, 2021
    Since its very beginning in 2011, the Middle East and Deep Maghreb have been a fundamental priority for the Foundation. As this year marks the 10th anniversary of the Arab uprisings, our Dossier wants to provide a meaningful understanding of the future dynamics of an area that, despite several positive attempts, is still affected by major instability. Gathering the perspectives of a pool of distinguished regional and international analysts, this publication dives into the socio-econ ...
  • Download PDF
    The Economy in the Race for Power
    Authors
    Amine Benbernou
    Dorothée Schmid
    July 9, 2020
    Middle Eastern geopolitics is currently undergoing structural changes: the regional order is in transition in the aftermath of the Arab Spring that undermined authoritarian governance, and triggered the competition for power against a backdrop of American withdrawal. This new race for regional domination challenges the traditional hierarchy of powers that is mainly based on military capacity and the interplay of foreign alliances. The economy, which had previously guaranteed the pol ...
  • Download PDF
    Analyse de la situation politico-économique de l’Egypte post-2011
    Authors
    Nihal El Mquirmi
    Hamza Saoudi
    April 29, 2020
    La transition politique de l’Égypte, depuis 2011, a été tout aussi turbulente que sa transition économique. Tous les efforts de l’Egypte post-Moubarak se sont articulés autour de la relance économique, la stabilisation macroéconomique et politique et du renforcement de la sécurité interne du pays. Suite à l’accord avec le Fonds monétaire international (FMI), en 2016, l’Egypte a mené plusieurs réformes économiques qui ont, pu relancer la croissance économique et donner des résultats ...
  • Download PDF
    Moyen-Orient : l’économie dans la course à la puissance
    Authors
    Amine BENBERNOU
    Dorothée SCHMID
    March 23, 2020
    La géopolitique du Moyen-Orient connaît aujourd’hui des changements structurels: l’ordre régional est en transition, dans le sillage des printemps arabes, qui ont ébranlé la gouvernance autoritaire et libéré la compétition de puissance, sur fond de retrait américain. Cette nouvelle course à la domination régionale remet en cause la hiérarchie traditionnelle des puissances, essentiellement fondée sur la capacité militaire et le jeu des alliances extérieures. L’économie, jusque-là gar ...
  • Global Economic Outlook: is the Glass Half Full or Half Empty ?
    Authors
    Hamza Saoudi
    Oumayma Bourhriba
    December 19, 2019
    Emerging market and developing economies: Engine of the global economic growth despite some vulnerabilities1 After a long spell of slow growth post-crisis, the global economy’s recovery was mainly supported by the improvement of emerging markets and developing economies growth. However, this recovery is subject to wide-ranging uncertainties and is now in some danger. According to the IMF, the global economic growth is expected to fall to 3 % in 2019, the lowest level since 2008. Th ...
  • Download PDF
    Accumulation du capital et gains de productivite au Maroc
    Authors
    Taoufik Abbad
    February 3, 2017
    La réflexion développée dans cet ouvrage part d’un constat alarmant et pressant. Le processus continu et renforcé de l’accumulation du capital, dans lequel s’est engagé le Maroc depuis les années 2000, a permis certes de préserver la stabilité des équilibres fondamentaux et d’amortir les différents chocs exogènes, aussi bien internes qu’externes, mais il n’a pas permis d’insuffler un accroissement plus important des gains de productivité et d’accélérer la transformation de la base p ...