The World Bank revised its estimate of economic growth in 2015 in the MENA region to 2.6 percent, marginally lower than 2014 growth, and 0.2 percentage points below the October 2015 forecast. Continued civil wars, terrorist attacks, and low oil prices are the main reasons behind the recent revision in the growth estimate. The recent Saudi Iran confrontation adds to the ongoing tensions in the region. The confrontation, if escalated, could increase...
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DETAILS
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2016/01/01
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Brief
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103013
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1
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1
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2016/02/10
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Disclosed
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The economic effects of war and peace
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access to safe drinking water
Citation
Mottaghi,Lili.
The economic effects of war and peace (English). MENA quarterly economic brief|issue no. 6 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/644191468191061975