Economic Growth in MENA: Challenges and Potential
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The Middle East and North Africa (MENA) economies are not catching up with the rest of the world. The region’s average per capita income has increased by just 62 percent over the last 50 years. In comparison, over the same period, the increase was fourfold in emerging market and developing economies (EMDEs) and twofold in advanced ones. Only a few developing MENA economies have avoided diverging further from the richest countries’ living standards (what economists call the frontier), and those where conflicts erupted have accelerated in the wrong direction. In this presentation, Roberta Gatti will discuss the factors that shape MENA’s long-term growth potential, with special attention to the role of the state in the economy, the persistent effects of conflict, and the boost that closing the gender gap in the labor force can deliver in terms of growth.
This event is co-sponsored by the Program on Arab Reform and Development and the Program on Capitalism and Democracy, as well as the Middle Eastern Studies Forum.
ABOUT THE SPEAKER
Roberta Gatti is the Chief Economist for the Middle East and North Africa (MENA) region at the World Bank, where she oversees the analytical agenda of the region and the publication of the semi-annual MENA Economic Updates. She is the founder of the MENA Central Banks Regional Research Network. In her prior capacity as Chief Economist for the Human Development Practice Group, Roberta co-led the conceptualization and launch of the World Bank Human Capital Index and the scale up of the Service Delivery Indicators data initiative.
Roberta joined the World Bank as a Young Professional in the Macro unit of the Development Research Group, and she has since led and overseen both operational and analytical work in her roles of Manager and of Global Lead for Labor Policies.
Roberta’s research, spanning a broad set of topics such as growth, firm productivity, the economics of corruption, gender equity, and labor markets, has been published in lead field journals such as the Journal of Public Economics, the Journal of Economic Growth, and the Journal of Development Economics. She is also the lead author of a number of flagship reports, including Jobs for Shared Prosperity: Time for Action in the Middle East and North Africa; Striving for Better Jobs: The Challenge of Informality in Middle East and North Africa; The Human Capital Index 2020 Update: Human Capital in the Time of COVID-19; and Service Delivery in Education and Health across Africa.
Roberta has taught courses at the undergraduate, masters, and Ph.D. Level at Georgetown and Johns Hopkins Universities. She is a frequent lecturer on development economics, most recently at Dartmouth College, Princeton University, and Cornell University. Roberta holds a B.A. from Università Bocconi and a Ph.D. in Economics from Harvard University.
In-person: Encina Hall E008, Garden-level East (616 Jane Stanford Way Stanford)
Online: Via Zoom