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Natural Resource Abundance, Growth, and Diversification in the Middle East and North Africa : the Effects of Natural Resources and the Role of Policies.

MENA is one of the richest regions in the world in terms of natural resources: it holds more than 60 percent of the world?s proven oil reserves, mostly located in the Gulf region, and nearly half of gas reserves. Oil represents 80-85 percent of merchandise exports in the region, making it highly dep...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Diop, Ndiame
Otros Autores: Marotta, Daniela, De Melo, Jaime
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : World Bank Publications, 2012.
Colección:Directions in development.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Acknowledgments; Contributors; Chapter Abstracts; Abbreviations; Chapter 1 An Overview of Diversification in MENA: Rationale, Stylized Facts, and Policy Issues; The Facts: MENA Economies' Low Level of Diversification; Figures; 1.1 Changes in the Composition of GDP, 1980-83 to 2007-10; 1.2 Services Share in GDP by Level of Income; Boxes; 1.1 How Is MENA Performance Captured and Benchmarked in This Volume?; 1.3 Share of Services in Nonmining GDP; 1.4 Drivers of Export Growth (Excluding Oil Products), 1998-2008; Limited Diversification, Natural Resource Rents, and Growth Volatility.
  • 1.5 Natural Resource Rents in 2010, by RegionWhy Is Greater Diversification Desirable in MENA?; 1.6 Growth Volatility, by Region; The Role of Rents and Real Exchange Rates; The Role of Weak Links in Output Concentration; Fiscal Policy and Output Concentration; Natural Resources and Incentives for Regional Trade Reforms; Notes; References; Chapter 2 Resource Abundance and Growth: Benchmarking MENA with the Rest of the World; Benchmarking MENA's Long-Term Growth and Volatility; 2.1 MENA Long-Run Growth Performance; Tables; 2.1 Per Capita Income Mobility, 1982-2010.
  • 2.2 Growth and Its Volatility, 1982-2010Correlates of MENA's Growth Performance; 2.3 Real Effective Exchange Rate Volatility by Period; 2.4 Deviations from Estimated Equilibrium Real Exchange; 2.2 Estimated Equilibrium Real Exchange Rates; 2.1 MENA in the Natural Resource Curse Literature; 2.3 Frequency Ratios, Core NTMs, 2001-10; 2.5 Policy Indicators Affecting Trade in MENA; 2.6 Correlates of Bilateral Non-Oil Exports; 2.4 Average Distance of Trade and Trade Costs; 2.5 Average Trade Distance of MENA Countries with Traditional and New Trade Partners.
  • 2.7 Firm-Level Productivity, MENA and Non-MENA2.6 Export Diversification and per Capita Income; 2.7 Kaplan-Meier Survival Rates; 2.8 Correlates of Hazard Rates for 4-Digit Export Flows; Conclusion; Annex 2A Trade, Structural Change, and Natural Resources; 2A.1 Correlates of Trade Shares in GDP; 2A.1 Predicted Trade Shares in GDP; 2A.2 Correlates of the Share of Manufactures and Services in GDP; 2A.3 Correlates of the Share of Manufactures and Services in GDP in MENA; 2A.2 Actual versus Predicted Shares of Manufactures and Manufacture Exports: MENA.
  • Annex 2B Ten Observations on Successful GrowthAnnex 2C Applied Tariff Protection Is Still Relatively High; 2C.1 Predicted Applied MFN Protection; Annex 2D Ad-Valorem Equivalents Estimations; 2D.1 Frequency Distribution of the Number of NTMs; 2D.2 Ad-Valorem Equivalents of NTMs; 2D.1 Ad-Valorem Equivalent of NTMs and per Capita Income; Notes; References; Chapter 3 Rents, Regulatory Restrictions, and Diversification toward Services in Resource-Rich MENA; Services in MENA: Stylized Facts; 3.1 Services Value-Added Growth and GDP Growth in MENA.