01892cas a2200277 a 4500 AALejournalIMF000287 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451854671 1018-5941 BD-DhAAL BD-DhAAL Bisat, Amer. Investment and Growth in the Middle East and North Africa / Amer Bisat, Mohamed El-Erian, Mahmoud El-Gamal, Francesco Mongelli. Washington, D.C. : International Monetary Fund, 1996. 1 online resource (38 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The paper considers investment and growth in the Middle East and North Africa (MENA) region. Notwithstanding cross-country differences, investment as a whole has been too low, too heavily tilted toward the public sector, too highly dependent on external influences, and less productive than in many other regions. Improving the region's investment performance is critical if policymakers are to succeed in increasing the region's economic growth rate. After discussing the relationship between investment and growth, the paper analyzes the investment responsiveness of various countries in the region and notes the policy priorities for strengthening the basis for rapid and sustained economic growth. Mode of access: Internet El-Erian, Mohamed. El-Gamal, Mahmoud. Mongelli, Francesco. IMF Working Papers; Working Paper ; No. 1996/124 Full text available on IMF http://elibrary.imf.org/view/journals/001/1996/124/001.1996.issue-124-en.xml IMF e-Library