xiv
Contents
10.16 10.17 10.18 11.1 11.2
11.3
11.4
11.5 11.6
11.7
Total and Intra-MENA Tourism Exports Have Grown Strongly Inward FDI Stocks Have Expanded Substantially in Resource-Poor Countries Remittances Flows Are in Line with Labor Endowments Projected Real per Capita Income in Maghreb Countries, 2005 and 2015 Projected Real per Capita Income under Regional Trade Agreement with European Union, 2005 and 2015 Projected Non-Oil Exports in Maghreb Countries under Regional Trade Agreement with European Union, 2005 and 2015 Projected Real per Capita Income in Maghreb Countries Given Service Liberalization and Investment Climate Reforms, 2005 and 2015 Projected Value of Non-Oil Exports in Maghreb Countries Given Service Sector Reforms, 2005 and 2015 Projected FDI Stock in Maghreb Countries Given Service Liberalization and Investment Climate Reforms, 2005 and 2015 Projected per Capita Income in Maghreb Countries Given Maghreb Regional Trade Agreement, EU Regional Trade Agreement, and Service Sector Reforms, 2005 and 2015
291 292 293 303
306
307
309 310
311
312
Tables 2.1 2.2 2.A.1 2.A.2 2.A.3 3.1
4.1
Motives behind Foreign Direct Investment in the Middle East and North Africa Determinants of Export Diversification Coefficients for Shares of Within and Between Components in Overall Theil Index GMM Estimations to Control for Endogeneity Approaches to Defining New Exports Decomposition of Export Growth into Intensive and Extensive Margins in Selected Countries, 1995–2005 Doing Business 2008 Indicators for Countries in the Middle East and North Africa
25 31 40 41 42
50 71