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Rising Fiscal Deficits Coupled with Weak Business Environments a Challenge across the Middle East and North Africa

Lili Mottaghi's picture
Also available in: العربية | Français

Seven countries in the Middle East and North Africa (MENA) region --Egypt, Tunisia, Iran, Lebanon, Jordan, Yemen and Libya (MENA 7)--are facing similar economic problems:  i) volatile growth that has remained significantly below potential; ii) limited fiscal space resulting from rising budget deficits, public debt and declining foreign reserves that have reduced savings available for public and private investment; and iii) a weak private sector that is far from becoming a driver of growth and creator of jobs. 

New technology changes the working day, offering a strategy for more jobs in the Middle East

Kara Schoeffling's picture
Also available in: Français | العربية
  Arne Hoel

It’s no secret that the Middle East and North Africa (MENA) region has the highest youth unemployment rate in the entire world: nearly 30% according to the International Labour Organization. Over one in four young people have no viable means for economic prosperity, and sadly education is no guarantor of a job. Despite these bleak statistics, a recent survey commissioned by Qatar’s telecom giant, Orredoo, suggests that young people still have hope of a great future, fueled in large part by the innovations of the 21st century. The challenge is to innovate technology and alter our way of thinking about work to motivate MENA’s youth.
 

Expanding the Global Youth Agenda beyond Jobs

Gloria La Cava's picture
Also available in: العربية | Français
Young man from MENA

Youth exclusion- is a challenge of staggering proportions in the post-2015 development agenda. Since 2011, disenchantment among the largest youth cohort in history has channeled itself into movements challenging the status quo in the Middle East and North Africa (MENA), Europe, and Latin America. Popular protests have been called not just for jobs but for changing the old order, for a voice on policies that impact the future of youth, and for justice, freedom and dignity. 

Wasta Once Again Hampering Arab Youth Chances for a Dignified Life

Jumana Alaref's picture
Also available in: العربية | Français
Young men from MENA - Arne Hoel

“It is not what you know that matters, it is who you know” is how the old adage goes, and so I have observed from my conversations with family and friends during my recent visit back to my hometown in East Jerusalem when I asked what they thought of the often heard complaint among Arab youth that “wasta” is all that matters in landing a decent job nowadays.

Among Almond Blossoms and Olive Groves on the Abraham Path: How Hiking in Palestine Creates Jobs for Women and Youth

Stefanie Ridenour's picture
Also available in: العربية | Français
Among Almond Blossoms and Olive Groves on the Abraham Path

Among the olive groves, almond blossoms, lush grass, and views of small towns nestled on hilltops and in valleys, World Bank colleagues and I hiked a trail in northern Palestine. Ducking into cool, dark, ancient aqueducts used by civilizations centuries ago, we paused for tea brewed by our local guide in a kettle over an open flame. A homemade meal by a local family topped off our trek. 

It’s time for an ambitious Global Youth Agenda

Gloria La Cava's picture
Also available in: العربية | Français

It’s time for an ambitious Global Youth Agenda

Half of today’s world population is under 25 years old. The growing share of young men and women globally has not yet reached its peak and will continue to increase over the next two decades. Eradicating poverty will not be possible if the needs of this young cohort are not treated with careful attention. In the coming 10 years, 47 million jobs will be needed - nearly 400,000 jobs per month - in order to absorb the young generation into the workforce. The challenge is too great to be treated with a business-as-usual approach, and no individual stakeholder alone is capable of offering a comprehensive solution.