With investments in infrastructure and efforts to improve the business climate, Algeria is focused on creating the conditions for more robust and inclusive growth.
Disaster Risk Management has become a critical component of national policy and planning. In the Middle East and North Africa region, the interplay of natural disasters, together with the impacts of climate change, water scarcity, and urbanization, have emerged as serious challenges for policymaker. While the number of natural disasters around the world has almost doubled since the 1980s, in MENA, the number has almost tripled.
In December 2010, the Arab Spring began with a call for a change, which ended up becoming a reality in Tunisia, Egypt and Libya. The restoration of justice is now a priority focus in all these countries. In the minds of many citizens, justice means the return of funds looted by officials over decades of high-level government corruption. The tenor of recent news reports shows that throughout the region, the public’s patience for the process is wearing thin.
The Financial Times issued its ranking of the world’s top 70 executive business programs. Nearly all successful emerging economies are on the list, as are advanced economies, but no program in MENA has made the list. Several countries have multiple programs represented in their domain, such as Chile, Brazil, Mexico, South Korea, Singapore, to name a few. Executive programs are an important indicator for future top management and leadership role jobs.
Remember this acronym TAP. It is short for transparency, accountability and participation and is here to stay for a long, long time. It is a simple euphemism for a very complicated roadmap for Arab transition to “dignity, freedom and social justice.” But is TAP really a remedy for the chaos gripping the Middle East? Even if it is not, it certainly was the resounding buzz word at a World Bank regional seminar “Transitions and Governance Reforms in MENA,” convened in Rabat, Morocco, recently.
Regardless of their original circumstances, successful economic and political transitions have a single, unifying characteristic. They may be motivated by crisis, but their successful implementation requires a broad consensus on the need for change, a shared vision of its goals and a common agreement on how to reach them. The need for this critical consensus emerged over the course of a seminar on the role of governance reform in the current transitions in the Middle East and North Africa (MENA) region. Hosted by the World Bank in the Moroccan capital, Rabat, the Transitions and Governance Reforms in MENA seminar brought together a diverse range of government, civil society and media representatives to discuss the region’s challenges with former world leaders and members of the international development community who had undergone similar transitions.
I am very pleased to announce the launch of a new recruitment drive for Arabic speakers, called the SMART (Strategic MNA Arabic Recruitment of Talent) program, which will provide a small cohort of the best and brightest Arabic speakers with a unique opportunity to pursue a career at the Bank. We are very excited to introduce young, dynamic professionals to the MENA region of the World Bank and in this small way contribute to the expansion of the Arab talent in the World Bank’s MENA Region.