| Description |
1 online resource (xxxi, 244 pages) : color illustrations |
| Series |
MENA development report |
|
MENA development report.
|
| Contents |
Overview -- Setting the Stage / Gladys Lopez-Acevedo, Stuti Manchanda, Jaime Alfonso Roche Rodríguez -- Unequal Impact of COVID-19 on MENA Households / Minh Cong Nguyen, Gildas Bopahbe Deudibe, Romeo Jacky Gansey -- West Bank and Gaza: Links among Income, Jobs, and Food / Pablo Suárez Becerra, Eduardo A. Malásquez, Jawad Al-Saleh -- Tunisia: The Link between Dropping Incomes and Living Standards / Federica Alfani, Dorra Dhraief, Vasco Molini, Dan Pavelesku, Marco Ranzani -- Djibouti: Refugees More Vulnerable Than Nationals / Bilal Malaeb, Anne Duplantier, Romeo Jacky Gansey, Sekou Tidiani Konaté, Omar Abdoulkader Mohamed, Jeff Tanner, Harriet Mugera -- Tunisia: Poorest Households Are the Most Vulnerable / Deeksha Kokas, Abdelrahmen El Lahga, Gladys Lopez-Acevedo -- West Bank and Gaza: Emergence of the New Poor / Romeo Jacky Gansey, Alia Jane Aghajanian, Jawad Al-Saleh -- The Islamic Republic of Iran: Battling Both Income Loss and Inflation / Laura Rodriguez, Aziz Atamanov -- Lebanon: Sharply Increased Poverty for Nationals and Refugees / Bilal Malaeb, Matthew Wai-Poi |
| Summary |
COVID-19 is one of multiple crises to have hit the Middle East and North Africa (MENA) region in the decade following the Arab Spring. War, oil price declines, economic slowdowns, and now a pandemic are tearing at the social fabric of a region characterized by high rates of unemployment, high levels of informality, and low annual economic growth. The economic costs of the pandemic are estimated at about USD 227 billion, and fiscal support packages across MENA are averaging 2.7 percent of GDP, putting pressure on already weak fiscal balances and making a quick recovery challenging. Even before the COVID-19 pandemic, MENA was the only region in the world experiencing increases in poverty and declines in life satisfaction. Distributional Impacts of COVID-19 in the Middle East and North Africa Region investigates how COVID-19 changed the welfare of individuals and households in the region. It does so by relying on phone surveys implemented across the region and complements these with microsimulation exercises to assess the impact of COVID-19 on jobs, income, poverty, and inequality. The two approaches complement and corroborate each other's results, thereby making the findings more robust and richer. This report's results show that, in the short run, poverty rates in MENA will increase significantly and inequality will widen. A group of 'new poor' is likely to emerge that may have difficulty recovering from the economic consequences of COVID-19. The report adds value by analyzing newly gathered primary data, along with projections based on newly modeled micro- and macrosimulations, and by identifying key issues that policy makers should focus on to enable a quick, inclusive, and sustained economic recovery |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from digital title page (viewed on March 31, 2022) |
| In |
Online access: World Bank World Bank Open Knowledge Repository |
| Subject |
COVID-19 Pandemic, 2020- -- Economic aspects -- Middle East
|
|
COVID-19 Pandemic, 2020- -- Economic aspects -- Africa, North
|
|
Poverty -- Middle East
|
|
Poverty -- Africa, North
|
|
Economic history
|
|
Economics
|
|
Poverty
|
| SUBJECT |
Middle East -- Economic conditions -- 21st century
|
|
Africa, North -- Economic conditions -- 21st century
|
| Subject |
Middle East
|
|
North Africa
|
| Form |
Electronic book
|
| Author |
Lopez Acevedo, Gladys, editor.
|
|
Hoogeveen, Johannes, editor.
|
|
World Bank. Middle East and North Africa Region, issuing body.
|
| ISBN |
9781464817779 |
|
1464817774 |
|
