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Trade and integration—within the Middle East and North Africa (MENA) region and with the rest of the world—will be critical to lowering poverty, empowering the poor, and igniting economic growth in the post-Covid era, according to the World Bank’s latest regional economic update.
The report, titled Trading Together: Reviving Middle East and North Africa Regional Integration in the Post-Covid Era, paints a comprehensive picture of MENA’s economic situation six months into the COVID-19 pandemic. It examines the lasting effects of the dual economic shocks from the spread of the coronavirus and the collapse in oil prices, and it recommends policy changes and reforms to build a new integration framework across the region.
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