Drawing on the World Bank Investment Climate Assessment surveys, this paper investigates the relationship between firm-level technical efficiency and the investment climate for 22 developing economies...
This paper addresses the issue of the low level of private investment in the Middle East and North Africa (MENA) region, with special emphasis on the role of governance. Based on the existing literature...
Despite some progress in economic policy - in macroeconomic stability in the 1980s, and in structural reforms in the 1990s - the Middle East and North Africa (MENA) countries have failed to attract foreign...