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Achieving Development SuccessStrategies and Lessons from the Developing World$
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Augustin K. Fosu

Print publication date: 2013

Print ISBN-13: 9780199671557

Published to Oxford Scholarship Online: May 2013

DOI: 10.1093/acprof:oso/9780199671557.001.0001

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‘Successful’ Development Models: Lessons from the MENA Region

‘Successful’ Development Models: Lessons from the MENA Region

Chapter:
(p.496) 23 ‘Successful’ Development Models: Lessons from the MENA Region
Source:
Achieving Development Success
Author(s):

Imed Drine

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199671557.003.0023

This chapter assesses the development strategies of Middle East and Northern African (MENA) countries. The region covers a diverse group of countries, including some very rich and some very poor. The region can be divided into three main country-groups, with different economic structures. First are the oil-producing countries (Saudi Arabia, Kuwait, UAE, Qatar, Oman, Bahrain, Libya, and Algeria) whose economies remain overwhelmingly dependent on petroleum. The second group is represented by the states that have diversified more (Egypt, Jordan, Lebanon, Morocco, Syria, and Tunisia). Indeed, these countries are deeply integrated into the global economy. The third group includes the poor countries (Sudan, Yemen, Mauritania, Djibouti, Somalia, and Comoros). This group is affected by serious economic and social problems as a result of inadequate economic and social structures. Despite the low performance of the region as a whole, few countries succeeded in finding appropriate strategies to adapt to the constantly changing international environment. Among those countries, Bahrain, Oman, Tunisia, and the United Arab Emirates (UAE) do offer some useful insights.

Keywords:   Middle East, North Africa, macroeconomic policies, economic development, economic growth, development strategies, Bahrain, Oman, Tunisia, United Arab Emirates

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