Job Creation through Infrastructure Investment in the Middle East and North Africa

Ianchovichina, E. and Estache, A. and Foucart, R. and Garsous, G. and Yepes, T. (2013) Job Creation through Infrastructure Investment in the Middle East and North Africa. World Development, 45. pp. 209-222. ISSN 0305-750X

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Abstract

To meet its infrastructure needs, the Middle East needs to invest, on average, around 6% of its GDP annually, although with differences across countries. This could lead to direct job creation of about 2.5 million direct, indirect and induced infrastructure-related jobs. Because of significant differences in financing opportunities, fiscal constraints could be binding for the poorest countries. The effectiveness of job creation from infrastructure will depend on the quality of targeting and on cost subsidies as well as on the effectiveness of (re)training programs. Managing unrealistic expectations will also matter as infrastructure jobs will help but will not solve the region's employment challenge. © 2012 Elsevier Ltd.

Item Type:
Journal Article
Journal or Publication Title:
World Development
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/3300/3305
Subjects:
ID Code:
136491
Deposited By:
Deposited On:
02 Sep 2019 14:35
Refereed?:
Yes
Published?:
Published
Last Modified:
29 Jan 2020 05:37