Domestic demand and competition: a new development paradigm for MENA - Economic Research Forum (ERF)

Domestic demand and competition: a new development paradigm for MENA

Domestic demand and competition: a new development paradigm for MENA

by Rabah Arezki – SEPTEMBER 16, 2019

A lack of competition in domestic and regional markets is holding back development in the Middle East and North Africa. This column argues that the region and the international community must ensure that barriers to market entry and exit are eliminated, and that independent regulatory bodies at the national and regional levels help to promote domestic demand as the main engine for sustainable and inclusive growth.