Trapped in the middle: A talk on MENA’s economic challenges

Le principal objectif de ce document est d’aborder une question importante qui découle de l’interaction entre une participation accrue au commerce international, aux marchés du travail et l’inégalité de genre, à savoir l’impact de la libéralisation du commerce sur l’accès des femmes aux emplois salariés dans le secteur non agricole. Nous abordons empiriquement cette question en effectuant des estimations à effets fixes et par MMG sur des données de panel obtenues dans un grand nombr ...

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 ...

Le préalable et la première démarche d’une bonne évaluation de la marche du Maroc vers l’émergence consistent à bien clarifier ce concept. C’est le seul moyen d’apprécier convenablement, à terme, si le Maroc a atteint ou non l’objectif ainsi désiré. Selon le dictionnaire Le Robert, « émerger » se dit d’un phénomène « qui s’impose à l’attention par sa valeur ». Subséquemment, on peut considérer qu’un pays, anciennement pauvre, émerge lorsqu’il suscite l’intérêt et se démarque de la m ...

This third Policy Report represents the main pillar of a long-lasting collaboration between Bruegel and the Policy Center for the New South, supported by Compagnia di San Paolo. The Report collects the papers produced by our partner’s researchers along with our joint fellow Uri Dadush and our economists Abdelaaziz Ait Ali and Yassine Msadfa. ...

This Policy Paper aims to provide a better understanding of the drivers of youth unemployment in the Middle East and North Africa (MENA) region by examining some common factors and then delving deeper into the case of Morocco, a relatively stable country that has historically been a source of large emigration, especially towards Europe. The MENA region has some of the highest total and youth unemployment rates in the world. High youth unemployment is especially worrisome because it ...

- Emerging market economies (EMs), as a group, continue to exhibit solid growth. This is the case especially in Asia and among oil-exporters, supported by growth in the advanced economies, the recovery in world trade, and the resilience of non-oil commodity prices. - However, financial markets have become very nervous about the prospects for several EM, reflecting specific weaknesses in several countries – Argentina and Turkey stand out - and the prospect of higher international in ...

The jobs markets across the Middle East North Africa region vary greatly, with some oil-rich countries importers of labor while others, including Morocco, are the source of emigrants. Morocco exhibits structural underemployment despite having grown quite rapidly. The reasons for Morocco’s job-poor growth run deep. Policies can mitigate the problem but are unlikely to solve it in the foreseeable future. ...

إن أسواق العمل في منطقة الشرق األوسط وشمال إفريقيا تتباين فيما بينها بشكل كبير، فهناك بعض الدول النفطية اليت تقوم باستيراد العمالة فيما تقوم بلدان أخرى، ومن ضمنها المغرب، بتوفير اليد العاملة والكفاءات المهاجرة. هذا وتظهر على المغرب معالم وجود بطالة مقنعة على المستوى الهيكلي بالرغم من وتيرة النمو السريعة اليت سارت عليها البالد. وهناك عدد من األسباب المتشعبة اليت تقف وراء هذا النمو العاجز عن خلق فرص عمل ِّ ها في َّ بعة قد تتمكن من التخفيف من حدة اإلشكالية ولكن دون أن تنجح في حل مكتملة ...

Endowed with half of the world’s known oil and gas reserves, the Middle East and North Africa (MENA) region became – particularly during the second half of the twentieth century – a cornerstone of the global energy architecture (Yergin, 1991, 2011; Maugeri, 2006). This architecture is currently undergoing a structural transformation, prompted by two different forces: decarbonisation policies and technological developments. The adoption and quick entry into force of the Paris Agreem ...

The global unemployment rate is expected to remain stable this year at about 5.7 percent and then decline in the coming years. The total number of people unemployed around the globe will remain at about 175 million this year. Unemployment rates are expected to decline in most advanced economies, but expected to be higher this year (compared to last year) in many emerging markets. Venezuela’s unemployment rate is expected to increase by 4 percentage points between 2016 and 2017, with ...