Convergence: Five Critical Steps Toward Integrating Lagging and Leading Areas in the Middle East and North Africa

Name: Convergence: Five Critical Steps Toward Integrating Lagging and Leading Areas in the Middle East and North Africa
Brand: World Bank Publications
SKU: 9781464814501
Price: 2971.0 INR
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by Somik V. Lall

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ISBN13: 9781464814501
Binding: Paperback
Subject: N/A
Publisher: World Bank Publications
Publisher Imprint: World Bank Publications
Publication Date: N/A
Pages: 200
Original Price: GBP 42.95
Language: English
Edition: N/A
Item Weight: 599 grams
BISAC Subject(s): Economic Conditions

About The Book

Policy makers across the Middle East and North Africa have for many years articulated plans to integrate their people spatially and economically. Wishing to bring communities together and narrow economic gaps, governments have made large capital investments in transport corridors and "new cities." Hoping to provide jobs in places with little economic activity, governments have designated new industrial zones supported by spatially targeted business incentives. Yet the results of these place-based initiatives in MENA are limited. The disparities between capital cities and lagging areas, and between richer and poorer quarters of cities, remain stark. Across much of the region, a fortunate few are connected to opportunity, while many more people are marginal to the formal economy--or live outside it, seemingly forgotten. Why have place-based spatial initiatives in MENA countries largely underdelivered, not yielding more sustainable jobs and growth? Although the challenges are many and vary across the region, this book explains that many of these place-based policies get one thing wrong: they attempt to treat inequity's spatial and physical symptoms, not its causes. This book presents the five roots causes of spatial inequity in institutional inefficiencies across MENA--urban regulatory frictions, credentialist education systems, centralized control over local public services, barriers to the spatial mobility of goods and people, and barriers to market entry and lopsided business environments--within cities, within countries, and across national borders

About The Author

The World Bank came into formal existence in 1945 following the international ratification of the Bretton Woods agreements. It is a vital source of financial and technical assistance to developing countries around the world. The organization's activities are focused on education, health, agriculture and rural development, environmental protection, establishing and enforcing regulations, infrastructure development, governance and legal institutions development. The World Bank is made up of two unique development institutions owned by its 185 Member Countries. The International Bank for Reconstruction and Development (IBRD) focuses on middle income and creditworthy poor countries and the International Development Association (IDA), which focuses on the poorest countries in the world.

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