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Middle East and North Africa Investment Policy Perspectives

Middle East and North Africa Investment Policy Perspectives highlights the considerable progress in investment policies made by the region’s governments over the past decade. Yet, the reform momentum needs to be sustained and deepened for the benefits of investment to be shared with society at large and for growth to be sustainable, particularly in the context of the COVID-19 pandemic and resulting global economic upheaval. The publication takes stock of investment policy trends and reforms in Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, the Palestinian Authority, and Tunisia, and draws out common challenges, offering suggestions of reform priorities. It considers several dimensions of the policy framework that affect the investment climate and places strong emphasis on how foreign investment can help economies of the region improve their citizens’ lives. The publication serves as reference point, informing policymakers on specific areas as they continue work on leveraging investment to advance inclusive and sustainable growth.

Published on March 30, 2021Also available in: Arabic, French

TABLE OF CONTENTS

Preface
Foreword
Abbreviations and acronyms
Executive Summary
Overview and key policy messages
Foreign investment trends and sustainable development benefits
Towards modernised legislative frameworks for investment
Openness to foreign investment and recent liberalisation reforms
Investment treaty policy and dispute settlement
Investment promotion and facilitation strategies
Towards smarter use of investment incentives
Enabling SME linkages with foreign firms in global value chains
Enhancing connectivity through infrastructure investment
Promoting responsible business conduct as a strategic choice
Integrity for sustainable investment
Investment policy in fragile contexts
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