Constraints on Growth in the MENA Region

22 Pages Posted: 22 Feb 2010

See all articles by Rina Bhattacharya

Rina Bhattacharya

International Monetary Fund (IMF)

Hirut Wolde

International Monetary Fund (IMF)

Date Written: February 2010

Abstract

In this paper we contribute to the empirical literature on growth in the MENA region by attempting to quantify the impact of the various constraints faced by local businesses highlighted by the World Bank’s Business Enterprise surveys. To the best of our knowledge this dataset has not been used in any empirical analysis looking at the main constraints on growth in the MENA region. Our empirical results suggest that the key direct constraints to growth in the MENA region are difficulties in access to finance, labor skill mismatches and shortages, and electricity constraints.

JEL Classification: D9, F41

Suggested Citation

Bhattacharya, Rina and Wolde, Hirut, Constraints on Growth in the MENA Region (February 2010). IMF Working Paper No. 10/30, Available at SSRN: https://ssrn.com/abstract=1555482

Rina Bhattacharya

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Hirut Wolde (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

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