Paper Series Economic Growth and Investment in the Arab World

  title={Paper Series Economic Growth and Investment in the Arab World},
  author={X Sala-i-martin and Elsa V. Artadi},
The growth performance of the Arab world over the last twenty years has been disappointing. Figure 1 shows a measure of Arab world GDP per capita between 1960 and 2000.1 After increasing at rapid rates between 1963 and 1980, GDP per capita stagnated over the following two decades. In fact, GDP per capita in the region as a whole was lower in the year 2000 than in 1980; the huge decline of the early 1980s was followed by a very moderate recovery, which has not yet helped the region reach the… CONTINUE READING


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