01627cas a2200229 a 4500 AALejournalIMF008232 230101c9999 xx r poo 0 0eng d 9781451953350 0145-1707 BD-DhAAL BD-DhAAL International Monetary Fund. External Relations Dept. Finance and Development, March 2003. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (58 pages) Finance and Development <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 why the Middle East and North Africa (MENA) region has lagged in growth and globalization. Despite attempts to spur recovery and initiate structural reforms, many countries in the region remain on a slow growth path, effectively sidelined from globalization and the benefits of closer economic integration with the rest of the world. The benefits from oil failed to generate a sustained growth dynamic or bring about greater regional economic integration. The paper highlights that the slowdown in economic reforms is a key factor for the economic depression in the MENA region. Mode of access: Internet Finance and Development; Finance and Development ; No. 0040/001 Full text available on IMF http://elibrary.imf.org/view/journals/022/0040/001/022.0040.issue-001-en.xml IMF e-Library