A New State of Mind

Greater Transparency and Accountability in the Middle East and North Africa

Datos Bibliográficos

ID19905741
AutoresFerid Belhaj, Roberta Gatti, Daniel Lederman (0000-0002-6197-9940), Ernest Sergenti, Ernest John Sergenti, Hoda Assen, Rana Lotfi (0009-0002-6873-8442), Mousa Mennatallah Emam
Año2022
Fecha de publicación2022-10-06
Open AccessNo
TipoBOOK
RevistaA New State of Mind (SOURCE_BOOK)
EditorialThe World Bank (PUBLISHER)
DOI10.1596/978-1-4648-1925-4
OpenAlexW4302362281
ISBN9781464819254
IdiomaEN
Citas recibidas2

The MENA region is facing important vulnerabilities, which the current crises—first the pandemic, then the war in Ukraine—have exacerbated. Prices of food and energy are higher, hurting the most vulnerable, and rising interest rates from the global tightening of monetary policy are making debt service more burdensome. Part I explores some of the resulting vulnerabilities for MENA. MENA countries are facing diverging paths for future growth. Oil Exporters have seen windfall increases in state revenues from the rise in hydrocarbon prices, while oil importers face heightened stress and risk—from higher import bills, especially for food and energy, and the depreciation of local currencies in some countries. Part II of this report argues that poor governance, and, in particular, the lack of government transparency and accountability, is at the root of the region’s development failings—including low growth, exclusion of the most disadvantaged and women, and overuse of such precious natural resources as land and water

Accountability · Middle East · Political science · State (computer science) · Transparency (behavior) · Computer Science · Corruption and Economic Development · Global Peace and Security Dynamics · International Development and Aid · Law