PSMEC - Private Sector - S5 01 Dr. Min Zhu-2

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The Private Sector Middle East Conference, Riyadh, Saudi Arabia, Dec 3rd, 2013. Hosted by the Saudi Chambers of Commerce -- Session 5 - Dr. Min Zhu - Deputy Managing Director - IMF

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PSMEC - Private Sector - S5 01 Dr. Min Zhu-2

  1. 1. Toward a Stronger Private Sector in the Middle East December 3, 2013 Dr. Min Zhu Deputy Managing Director International Monetary Fund
  2. 2. Shocks/crises can stall the convergence process
  3. 3. Shocks/crises can stall the convergence process
  4. 4. Shocks/crises can stall the convergence process
  5. 5. Business Environment Doing Business Rankings, 2013 /1 MENA OI Middle income countries Starting a Business Resolving Insolvency 150 100 Enforcing Contracts 50 MENA OE Emerging Asia Dealing with Construction Permits Getting Electricity 0 Trading Across Borders Registering Property Paying Taxes Getting Credit Protecting Investors Sources: World Bank, Ease of Doing Business Rankings, 2013. 1/ Economies are ranked from 1 to 183, with first place being the best.

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