Bringing family and labour laws into line with gender goals would enable more women to enter employment and would make MENA economies more competitive and inclusive, according to a new OECD report. But not enough has been done to bring legislation and social norms into line with these advances. Failing to harness the talent of working-age women means lost economic potential and less inclusive growth. The MENA report released today finds that among discriminatory elements in the region, women often do not share the same rights as men to make decisions, pursue a profession, travel, marry or divorce, head a family, receive an inheritance or access wealth.
The top five include: This is the time for CEOs and investors within the region to step up, take the lead and partner together for inclusive growth. Oil-importing economies in the region are also establishing goals to advance social progress and protect the environment.
Better Business, Better World MENA puts a price tag on the economic opportunities if the entire region pursues a more inclusive, sustainable pathway, as outlined by the Global Goals. According to the report, pricing of externalities alone, for example, could boost the total prize value by 40 percent.
According to the Business Commission, Developments in urban construction, mobility, and infrastructure will generate nearly 6 million jobs. One World Bank study shows that the region could generate 2.
Almost one-fifth of the total employment potential in the region —around 2.
Sustainable business models could also open up 3 million jobs related to energy and materials, 2. Blended financing—where public and philanthropic bodies take on the high risk and more policy-sensitive tranches of investment—can fill the funding gap and help bring in private investors at lower risk.
One study shows that such investment could boost growth by as much as an estimated 3. The Business and Sustainable Development Commission argues, however, that business can only realise the Global Goals opportunity by paying its fair share of taxes, creating good jobs with fair wages and conditions, and addressing rising unemployment, particularly among young people and women.
Businesses in the region can also provide solutions to promote inclusivity and connectivity to displaced and refugee populations. Governments can build on the progress they have made in implementing reforms and opening opportunities for business.
It now takes on average just 17 days to start a new business in the region, compared to more than 43 days in Governments can do more to combat corruption, work with business and create enabling policies to support growth, competitiveness and productivity.
Finally, civil society must continue its important work monitoring companies and holding them accountable. As we move closer tothe world will need more companies working closely with civil society to ensure the fulfilment of labour rights, gender equality and environmental stewardship.
New economic growth potential and directions can be uncovered when we adjust our thinking. Our joint efforts and the recommendations of the report will stimulate a discussion for expanding engagement with the private sector in Egypt.MPOME Second Regional Workshop Report: Making Peace Operations More Effective, edited by Claire Mc barnweddingvt.com Arms Survey/MPOME Report, August Download ( MB) ; MPOME First Regional Workshop Report: Making Peace Operations More Effective, edited by Emile barnweddingvt.com Arms Survey/MPOME Report, October (also available in French).
Recent developments: Growth in the Middle East and North Africa region is estimated to have slowed to % in , reflecting fiscal consolidation in some countries and oil production constraints in others.
07/09/ - Women in the Middle East and North Africa are better educated and better skilled than ever, yet legal and social barriers mean the share of them in work is still the lowest in the world. 07/09/ - Women in the Middle East and North Africa are better educated and better skilled than ever, yet legal and social barriers mean the share of them in work is still the lowest in the world.
ConocoPhillips’ Asia Pacific and Middle East segment forms the company’s largest business unit by volume. Operations consist of producing fields in China, Indonesia, Malaysia, Qatar, Australia and Timor‑Leste, as well as liquefied natural gas production and export in Australia and Qatar.
Migration has long shaped the Middle East and North Africa, with countries in the region often simultaneously representing points of origin, transit and destination. Demographic and socioeconomic trends, conflict and, increasingly, climate change are among the multitude of factors that influence migration dynamics in the region.