(Translated by https://www.hiragana.jp/)
From Oil Rents To Inclusive Growth: Lessons From The Mena Region1
IDEAS home Printed from https://ideas.repec.org/p/erg/wpaper/1380.html
   My bibliography  Save this paper

From Oil Rents To Inclusive Growth: Lessons From The Mena Region1

Author

Listed:
  • Hassan Hakimian

    (Hamad Bin Khalifa University)

Abstract

A copious literature on resource curse correlates oil rents with poor economic outcomes in resource-rich economies. The common yardstick for evaluating economic performance in these countries is generally GDP growth rates. This paper focuses on the broader question of whether the oil-exporters in the MENA region in general and in the GCC states in particular have been successful in turning their hydrocarbon wealth for the benefit of their population at large. To find out if their experience has been conducive to 'inclusive growth', we compute a novel Inclusive Growth Index and its associated rankings for 154 countries to shed light on their performance both over time and in a comparative context. The results show a marked deterioration in the case of MENA’s oil-exporting countries over the period 2001-5 and 2006- 10 particularly marred by a poor record in job creation, especially for their young population.

Suggested Citation

  • Hassan Hakimian, 2019. "From Oil Rents To Inclusive Growth: Lessons From The Mena Region1," Working Papers 1380, Economic Research Forum, revised 20 Dec 2019.
    • Handle: RePEc:erg:wpaper:1380
    as

    Download full text from publisher

    File URL: http://erf.org.eg/publications/from-oil-rents-to-inclusive-growth-lessons-from-the-mena-region/
    Download Restriction: no
    File URL: https://bit.ly/36xppZ6
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:erg:wpaper:1380. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sherine Ghoneim (email available below). General contact details of provider: https://edirc.repec.org/data/erfaceg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.