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

26 Pages Posted: 30 Jan 2006

See all articles by Pierre Dhonte

Pierre Dhonte

International Monetary Fund (IMF)

Rina Bhattacharya

International Monetary Fund (IMF)

Tarik Yousef

Georgetown University - Edmund A. Walsh School of Foreign Service (SFS)

Date Written: March 2000

Abstract

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.

Keywords: demography, growth, housing

JEL Classification: 015, 040

Suggested Citation

Dhonte, Pierre and Bhattacharya, Rina and Yousef, Tarik, Demographic Transition in the Middle East: Implications for Growth, Employment, and Housing (March 2000). IMF Working Paper, Vol. , pp. 1-26, 2000. Available at SSRN: https://ssrn.com/abstract=879422

Pierre Dhonte (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Rina Bhattacharya

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Tarik Yousef

Georgetown University - Edmund A. Walsh School of Foreign Service (SFS) ( email )

Washington, DC 20057
United States
202-687-0347 (Phone)
202-687-7001 (Fax)

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