01694cas a2200241 a 4500 AALejournalIMF002941 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451847734 1018-5941 BD-DhAAL BD-DhAAL Hakura, Dalia. Growth in the Middle East and North Africa / Dalia Hakura. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (37 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 This paper analyzes the weak growth performance in the Middle East and North Africa (MENA) region during 1980-2000 using an empirical model of long-run growth. The relative importance of the factors affecting growth is shown to vary across 16 MENA countries. In GCC countries, where oil revenues are significant, large governments appear to have been a key factor stifling private-sector growth and impeding diversification. In other MENA countries poor institutional quality has held back growth. Political instability is also shown to have played a role. While the MENA region's growth differential with east Asia is explained well in the 1980s, this is less so in the 1990s. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2004/056 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/056/001.2004.issue-056-en.xml IMF e-Library