Two recently released World Bank reports — one on commodities and the other on remittances — lend insight into an unfolding dynamic in the world today. As oil prices dropped from more than $100 per barrel in June 2014 to as low as $27 in the last few months, the money sent home from people working abroad in oil-producing countries also fell. This drop is a major reason remittances to developing countries declined in 2015 to their lowest growth rate since the 2008-2009 financial crisis.
Young Arabs express the same concern over the rise of the Islamic State (IS) as young people do elsewhere, the annual Arab Youth Survey reveals. For the second year in a row, the “rise of” IS militants is perceived as the main problem facing the region, with four in every five young people interviewed saying they were more concerned about it than other problems. Its public appeal may have also decreased slightly, findings in the survey suggest.
The Middle East and North Africa region has never faced such significant stress on its ageing infrastructure like it does today, with one of the most telling being the substantial increase in the need for electricity. It is estimated that electricity demand in the MENA region will increase by 84% by 2020, requiring an additional 135 GW of generation capacity and an investment of US$450 billion. The quest for new approaches to ensure adequate and reliable supply of electricity in the region is more urgent than ever before.
Jordan’s Queen Rania and other high-ranking officials said Friday that the world needs a new approach to deal with historically high numbers of forcibly displaced people.
“This is a global crisis, and we’re deluding ourselves if we think it can be contained,” the queen said at the World Bank Group-IMF Spring Meetings, where forced displacement is a top issue on the agenda amid a refugee crisis that has spread from the Middle East into Europe over the last year.
Queen Rania said Jordan has received 1.3 million Syrian refugees over the past five years. The influx has been a “demographic shock that is exhausting our social and physical infrastructure to its absolute limits,” she said. International contributions have made up less than a third of Jordan’s expenses.
With the war in Syria in its sixth year, concerns over the plight of Syrian refugees continue to capture the world’s attention. In addition to this great tragedy, their hosts in neighboring countries such as Lebanon, Jordan and Turkey are also struggling to accommodate the needs of so many people.
How we help the forcibly displaced people of the world – not just from Syria, but from Somalia, Afghanistan, and many other countries – is high on the agenda this week, at the IMF-World Bank Group Spring Meetings here in Washington DC.
Among the many events that focus on today’s toughest development challenges, we are looking forward to welcoming global leaders for a discussion on addressing the challenge of forced displacement.
The Middle East and North Africa (MENA) is a region of extremes. It has the highest unemployment rate in the developing world, with the rate for women and young people double the average. MENA economies are among the least diversified, with the Herfindahl index—a measure of the concentration of exports in a few commodities—ranging between 0.6 and 1 for most countries. The region had the highest number of electricity cuts per month. The ratio of public- to private-sector workers is the highest in the world. While, until recently, the region had been averaging 4-5 percent GDP growth, that average masked a highly volatile growth path.
The education system in Syria is a victim of the country’s conflict; Syrian teachers and students have been displaced, along with their families, and many Syrian refugee children have now been out of school for multiple years. Of the approximately 340,000 Syrians ages 6 to 17 who are registered with the United Nations High Commission for Refugees (UNHCR) in Lebanon, about 45% are in Lebanese public schools, with additional numbers in private, semi-private and non-formal instruction.
The political participation of Arab women in post-revolutionary Arab countries has been the subject of various studies and academic research. The 2011 revolutions marked a significant shift in the female political role in the region because women were involved at the head of the Arab uprisings. The revolutions, which were initially secular and egalitarian, also unleashed long-repressed conservative forces, which have been eating in to the gains made by Arab feminists over the past decades.
Thirteen of the 15 countries with the lowest rates of women participating in their labor force are in the Middle East and North Africa (MENA), according to the 2015 Global Gender Gap Report (2015). Yemen has the lowest rate of working women of all, followed by Syria, Jordan, Iran, Morocco, Saudi Arabia, Algeria, Lebanon, Egypt, Oman, Tunisia, Mauritania, and Turkey.
There were over 1,000 Lebanese youths together in one large auditorium, all from different communities, confessions and party affiliations. Some were chanting the Lebanese national anthem, waving the country’s flag. Others were holding hands, and screaming every time their pictures or that of their new friends appeared on a large screen. These young men and women all had one thing in common: they put aside their different socio-economic, religious, and political backgrounds and gave up their spare time to jointly identify and implement community projects across Lebanon.