Demographic Transition in the Middle East : Implications for Growth, Employment, and Housing

Author/Editor:

Rina Bhattacharya ; Tarik Yousef ; Pierre Dhonte

Publication Date:

February 1, 2000

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

The working age population is expected to grow faster in the Middle East than in any other region in the world between now and 2015—rising annually by 2.7 percent, or 10 million people. This demographic explosion presents the region with a major challenge in terms of providing jobs, incomes, and housing for the growing population, but the expanding labor force can also be seen as an opportunity to generate higher per capita income growth on a sustainable basis. The paper concludes by emphasizing the importance of market-friendly institutions in turning the challenge into opportunity.

Series:

Working Paper No. 00/41

Subject:

English

Publication Date:

February 1, 2000

ISBN/ISSN:

9781451846096/1018-5941

Stock No:

WPIEA0412000

Format:

Paper

Pages:

25

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