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Recent trends in economic development of MENA region
Seoul Natl Univ, Coll Engn, TEMEP, Seoul 151742, South Korea.ORCID iD: 0000-0002-7902-4683
Univ Kurdistan Hawler, Fed Region Kurdistan, Iraq.
2009 (English)In: Handbook of regional economics / [ed] Nolin, T P, Hauppauge, NY: Nova Science Publishers, Inc., 2009, p. 285-332Chapter in book (Refereed)
Abstract [en]

Middle East and North African (MENA) economies have been subject to major changes in recent decades. These changes are attributed to both internal and external factors. The trends in their economic, social and political developments have been different, leading to heterogeneous development as well as polarization of the economies. The countries also differ greatly in their initial conditions and reliance on natural resources. Several country groups can be distinguished, including those which rely on agriculture and tourism, those exporting crude oil and gas, countries with access to technology and capital from advanced countries and countries enjoying special Mediterranean trade agreements with the European Union. In this study, which is based on the World Development Indicator database, we investigate the trends in development economics in the MENA region. We identify different development patterns in the MENA. By using up-to-date data and simple statistical methods we intend to study development in the area of natural resources and in particular oil exports, tourism, construction, flow of direct foreign investment, wages, globalization, education, etc. The result will shed light on the economic conditions and potential of the region that can be useful in policy analysis, in investment decisions and as a forecast of the development in the region.

Place, publisher, year, edition, pages
Hauppauge, NY: Nova Science Publishers, Inc., 2009. p. 285-332
Keywords [en]
Agriculture; manufacturing; services; self-sufficiency; public infrastructure; MENA region; economic development
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-24625ISBN: 978-1-60741-036-2 (print)OAI: oai:DiVA.org:hj-24625DiVA, id: diva2:743453
Available from: 2014-09-04 Created: 2014-09-04 Last updated: 2016-01-14Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
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More styles
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  • nn-NO
  • nn-NB
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  • Other locale
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Output format
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  • asciidoc
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