Levant Economic Integration: Hard Talk with the Chief Economists
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Levant Economic Integration: Hard Talk with the Chief Economists

Date: Thursday, June 12th, 2014
Time: 3:00 p.m - 5:00 p.m. in Beirut (12:00 p.m. – 2:00 p.m. GMT, 8:00 a.m - 10:00 a.m. ET or convert time)
Location: Beirut, Lebanon & Online

The event has concluded. Stay tuned for the replay.

Join World Bank Chief Economist Kaushik Basu and World Bank Chief Economist for the Middle East and North Africa region Shantayan Devarajan for a discussion regarding the challenges and solutions for promoting greater market integration across a range of industries in the Levant region countries. Taking part in this discussion will be high level government officials, finance ministers, and private sector representatives from Turkey, Lebanon, Jordan, Egypt, the Palestinian Territories, and Iraq.

Throughout the region, policy makers confront a number of common challenges calling for collective action initiatives. Several such challenges appear amenable to policy responses aimed at promoting economic integration, with efforts aimed at enhancing investment climates and initiating the progressive dismantling of key obstacles to trade and investment in goods and services. Based on findings of the recent World Bank report, the panelists and policy makers will respond to and provide policy solutions related to regional economic growth and development for the welfare benefit of the people.

Have your say! Take part in this short survey on regional economic integration, and stay tuned to hear the discussion regarding your answers.



Senior Vice President and Chief Economist, World Bank Group
Chief Economist, Middle East and North Africa, World Bank Group
مطالعة أسئلة الآخرين
Dr. Ashish Manohar Urkude
Why can't the success story of western Europe at Economic fronts be repeated in, SAARC, and Levant? Why are artificial barriers and road blocks are created by top authorities? Hope these points will get place in your all important discussion.
Egypt, Arab Rep.
To Mr. Devarajan: in your last report you said that growth is very slow in the region, especially in Egypt, who is getting supported by Gulf funds, so how will economic integration with other countries in the Levant help this if the economy within the country is slow, and we have such budget deficits that it will be difficult to invest in outside countries? I can see countries investing in Egypt like the gulf to help with the deficits and lack of growth, but it seems there will be lack of reciprocity with other nations in the Levant in terms of Egypt investing in them...
Dr. Ashish Manohar Urkude
I have a direct question to all the world leaders. Again. Since early childhood I've this question. Are India and Pakistan, Israel and Palestine, North and South Korea, UK for Falkland with Argentina, China and India, finally Cold War giants USA-UK-France and Russia, going to fight for millions of years? Are human beings not going to evolve for peace, from barbaric to god like souls? This the, the main hurdle in this part of world before the economic integration. This is the world level problem. Hope this point will be discussed in your all important discussion. Hope you'll not ignore this important question cum solution to many problems of the world.
It seems that maybe achieving regional economic integration will be difficult because even within the single countries themselves the economies are weak, and also there is a lot of public institution corruption. Political stability is a major problem because maybe investors from other countries become afraid to lose their money and can't invest unless the political climate feels safe. We can't have one without the other
Egypt, Arab Rep.
There is language barrier between Turkey and the arab countries, even when I go to visit turkey no one speaks english or Arabic! asides from the recent cultural phenomenon of TV shows from Turkey,and some times pop music it seems until now there is not very much integration in the economy front so how can this increase and tihs country become a major growth pole for the region?