The low participation rates of women in the workforce in the Middle East and North Africa, lower than any other region in the world, has puzzled analysts for some time. A number of competing causes have been identified, ranging from Islam and geography to natural resource wealth and the character of MENA institutions. Yet what’s missing from the debate so far is an analysis of the microeconomic constraints limiting women from entering the workforce.
Did you ever want to know more about banking regulation and supervision in Middle East and North Africa? It has been possible, for some time now, to get a good sense of MENA's banking regulations and how they compare to other countries and regions in the world. This is thanks in large part to the World Bank’s global Banking Regulation and Supervisory Survey
It has been too long since I last wrote about the jobs situation in the Middle East and North Africa, and an account of what actually happened when I met your senior financial authorities at the World Bank annual meeting in Tokyo is long overdue.
The political transition in Egypt has gone through many phases, but the ability to deliver on the demand for bread, dignity, opportunity and social justice that epitomized the 2011 revolution will continue to stand as an arbiter of its ultimate success. This will be especially apparent in the distribution of economic opportunities and how they are shaped by public policies.
The other day I was invited to a wedding - not a normal Yemeni wedding - but a wedding without Qat! This was a novelty I was keen on witnessing, but was unfortunately unable to accept the invitation as I was travelling outside the country at the time. I was, and remain, intrigued. This small, baby step is a demonstration of the “New Yemen”.
Three of the six books to receive the 2013 English PEN Award for outstanding writing in translation are by Arab authors. This award goes to works of fiction, non-fiction and poetry supporting inter-cultural understanding and freedom of expression. These are the three: The Silence and the Roar by Syria's Nihad Sirees; Writing Revolution: The Voices from Tunis to Damascus edited by Lebanon's Leyla Al-Zubaidi, and Matthew Cassel and Nemonie Craven Roderick; and Horses of God by Morocco's Mahi Binebine.
Although regional economic activity is expected to accelerate in 2012, growth is expected to retreat slightly in 2013. The single biggest risk to this forecast is prolonged political and policy uncertainty, which is a key constraint to private investment and trade, particularly trade in services, while political and social unrest are serious downside risks to the outlook.
After several months of planning and consultations with our partners, which started in May 2011, the Egypt Development Marketplace (DM) was launched on November 8, 2012. As part of the outreach strategy, the Egypt DM team organized a series of information sessions in four of Upper Egypt’s major cities; Asyut, Qena, Aswan and Minya. The sessions were co-organized and co-hosted with Egypt DM partners International Labor Organization, Social Fund for Development, Sawiris Foundation, and others.
In view of the challenge Yemen faces from climate change, Yemen was selected as one of nine single-pilot countries around the world to participate in the Pilot Program for Climate Resilience. Supported by the Climate Investment Funds, the program aims to help countries manage the risks and opportunities posed by climate variability and change, particularly taking into account those most vulnerable to such risks.