cover image: Overconfident : How Economic and Health Fault Lines Left the Middle East and North Africa Ill-Prepared to Face COVID-19

20.500.12592/0skf7b

Overconfident : How Economic and Health Fault Lines Left the Middle East and North Africa Ill-Prepared to Face COVID-19

7 Oct 2021

This report examines the region’s economic prospects in 2021, forecasting that the recovery will be both tenuous and uneven as per capita GDP level stays below pre-pandemic levels. COVID-19 was a stress-test for the region’s public health systems, which were already overwhelmed even before the pandemic. Indeed, a decade of lackluster economic reforms left a legacy of large public sectors and high public debt that effectively crowded out investments in social services such as public health. This edition points out that the region’s health systems were not only ill-prepared for the pandemic, but suffered from over-confidence, as authorities painted an overly optimistic picture in self-assessments of health system preparedness. Going forward, governments must improve data transparency for public health and undertake reforms to remedy historical underinvestment in public health systems.
covid-19 coronavirus economic growth productivity oil price current account pandemic response oil exporter external balance oil importer macroeconomics and economic growth :: economic growth macroeconomics and economic growth :: commodities macroeconomics and economic growth :: fiscal & monetary policy fiscal trends macroeconomics and economic growth :: business cycles and stabilization policies health, nutrition and population :: disease control & prevention energy :: oil & gas pandemic impact health system capacity

Authors

Gatti, Roberta, Lederman, Daniel, Fan, Rachel Yuting, Hatefi, Arian, Nguyen, Ha, Sautmann, Anja, Sax, Joseph Martin, Wood, Christina A.

Collection(s)
French PDFs Available Arabic PDFs Available MENA Economic Update
DOI
http://dx.doi.org/10.1596/978-1-4648-1798-4
Googlescholar linkpresent
yes
ISBN
978-1-4648-1798-4
Published in
United States of America
RelationisPartofseries
MENA Economic Update;October 2021
Rights
CC BY 3.0 IGO
Rights Holder
World Bank
Rights URI
http://creativecommons.org/licenses/by/3.0/igo
UNIT
MNACE
URI
http://hdl.handle.net/10986/36318
citation
“Gatti, Roberta; Lederman, Daniel; Fan, Rachel Yuting; Hatefi, Arian; Nguyen, Ha; Sautmann, Anja; Sax, Joseph Martin; Wood, Christina A.. 2021. Overconfident : How Economic and Health Fault Lines Left the Middle East and North Africa Ill-Prepared to Face COVID-19 . MENA Economic Update;October 2021. Washington, DC: World Bank. © World Bank. https://openknowledge.worldbank.org/handle/10986/36318 License: CC BY 3.0 IGO.”
date disclosure
2021-10-07
region administrative
Middle East and North Africa
region geographical
Middle East , North Africa

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