TY - BOOK ID - 30634954 TI - Middle East and North Africa Regional Economic Update, April 2014 : Harnessing the Global Recovery - A Tough Road Ahead AU - Devarajan, Shantayanan. AU - Mottaghi, Lili. PY - 2014 SN - 1464803951 PB - Washington, D.C., The World Bank, DB - UniCat KW - Arab Spring KW - Arab transition countries KW - Development Economics KW - Economic Policy KW - Growth KW - International Economics and Trade KW - Investment KW - Macroeconomics and Economic Growth KW - Poverty Reduction KW - Volatility UR - https://www.unicat.be/uniCat?func=search&query=sysid:30634954 AB - Compared with the previous three years, 2014 seems hopeful and 2015 could be a turning point for the countries in the Middle East and North Africa (MENA) region. Many countries in MENA will start to benefit from stronger external demand in the high-income economies, as the global economy is set for a rebound in 2014. In the MENA region, higher global demand is expected to boost exports of energy and manufactured products in those countries that have trade linkages with high- income countries. Growth in MENA is expected to reach 3.3 percent in 2014 and further accelerate to 4.6 percent in 2015. Nevertheless, the prospects for growth in MENA could be threatened if long awaited structural problems remain unresolved. ER -