How Long to Read Estimating Potential Growth in the Middle East and Central Asia

By Ms.Pritha Mitra

How Long Does it Take to Read Estimating Potential Growth in the Middle East and Central Asia?

It takes the average reader and 27 minutes to read Estimating Potential Growth in the Middle East and Central Asia by Ms.Pritha Mitra

Assuming a reading speed of 250 words per minute. Learn more

Description

The Middle East and Central Asia’s economic growth potential is slowing faster than in other emerging and developing regions, dampening hopes for reducing persistent unemployment and improving the region’s generally low living standards. Why? And is it possible to alter this course? This paper addresses these questions by estimating potential growth, examining its supply-side drivers, and assessing which of them could be most effective in raising potential growth. The analysis reveals that the region’s potential growth is expected to slow by 3⁄4 of a percentage point more than the EMDC average over the next five years. The reasons behind this slowdown differ across the region. Lower productivity growth drives the slowdown in the Caucasus and Central Asia and is also weighing on growth across the Middle East (MENAP); while a lower labor contribution to potential growth is the main driver in MENAP. Moving forward, given some natural constraints on labor, total factor productivity growth is key to unlocking the region’s higher growth potential. For oil importers, raising physical capital accumulation through greater investment will also play an important role.

How long is Estimating Potential Growth in the Middle East and Central Asia?

Estimating Potential Growth in the Middle East and Central Asia by Ms.Pritha Mitra is 27 pages long, and a total of 6,939 words.

This makes it 9% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read Estimating Potential Growth in the Middle East and Central Asia Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 37 minutes to read Estimating Potential Growth in the Middle East and Central Asia aloud.

What Reading Level is Estimating Potential Growth in the Middle East and Central Asia?

Estimating Potential Growth in the Middle East and Central Asia is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

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