MENAP – the low oil price makes a big difference

The oil price has a profound influence on the economic prospects in the region comprising the Middle East, North Africa, Afghanistan and Pakistan (MENAP). It is home to both major oil producing and net oil importing countries. Yet the region is shaken by geopolitical crises and conflicts. During the resource boom, both the net oil exporters and the oil importing countries grew at roughly the same pace. Since 2013, the group of oil importing countries has been boasting higher (expected) growth.

MENAP – the low oil price makes a big difference(PDF, 48 KB, non-accessible)