2018
DOI: 10.1596/978-1-4648-1367-2
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Middle East and North Africa Economic Monitor, October 2018: A New Economy in Middle East and North Africa

Abstract: This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerni… Show more

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Cited by 13 publications
(9 citation statements)
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“…In 2011, the Lebanese population was estimated at 5,202,343 inhabitants, and reached 6,848,925 in 2018 ( The World Bank. Lebanon, 2020 ) following the inflow of Syrian refugees escaping their country embattled since early 2012 ( Arezki et al, 2018 ), further increasing the burden on Lebanon.…”
Section: Introductionmentioning
confidence: 99%
See 1 more Smart Citation
“…In 2011, the Lebanese population was estimated at 5,202,343 inhabitants, and reached 6,848,925 in 2018 ( The World Bank. Lebanon, 2020 ) following the inflow of Syrian refugees escaping their country embattled since early 2012 ( Arezki et al, 2018 ), further increasing the burden on Lebanon.…”
Section: Introductionmentioning
confidence: 99%
“…The sudden rise in population size, coupled with a dysfunctional system, affected several sectors, particularly the economy, health, and education. Consequently, the World Bank recently downgraded Lebanon from a high-income to upper-middle-income country ( Arezki et al, 2018 ). Many Lebanese have lost their jobs or seen their businesses slow down or go bankrupt.…”
Section: Introductionmentioning
confidence: 99%
“…According to the 2018 World Bank Report, economic conditions in the region are affected by oil prices. However, regional economic growth is forecasted to improve modestly, with an average growth of 2.6% in 2019–2020 (Arezki et al , 2018). Drine (2013) has divided the MENA region into three economic groups: Oil-producing countries, including Saudi Arabia, Kuwait, the UAE, Qatar, Oman, Bahrain, Libya, Iraq and Algeria, where oil contributes about 36% of the GDP. Countries integrated into the global economy and heavily reliant on tourism for economic growth and job creation, including Egypt, Jordan, Lebanon, Morocco, Syria, Palestine and Tunisia. Countries affected by serious issues resulting from inadequate economic and social structures, including Sudan, Yemen and Djibouti. …”
Section: Overview Of the Middle East And North Africa Region And Economic Growthmentioning
confidence: 99%
“…This is why it has been anticipated that COVID‐19 will have an impact on the travel and tourism sector in the Middle East states. However, Arezki and Nguyen (2020) emphasize that the Middle East countries are likely to restrict tourism from China in two critical ways. The first way will be implemented through the pull factor as the Middle East economies are all set to ban the travel from China.…”
Section: Effect Of Covid‐19 On Middle East Statesmentioning
confidence: 99%