Tearing down the walls of vested interests in the Middle East and North Africa
The MENA region needs bolder and deeper economic reforms. GDP growth is projected to be 0.6 percent in the region in 2019, a fraction of what is needed to create enough jobs for its fast-growing working-age population. Even in the few countries that have had periods of higher growth since the 2011 Arab Spring, poverty rates have failed to drop, suggesting the need for reforms to instill fair competition and promote more inclusive patterns of growth.