Comparing the experiences of MENA and East Asia in recent decades reveals the delicate nature of the latter’s remarkable structural transformation: several parts of the economy had to be pulling in the same direction. This column explains how East Asia succeeded – and MENA failed – in generating productive employment.
Shanta DevarajanWorld Bank
Shanta Devarajan is the Senior Director for Development Economics (DEC) at the World Bank. His research covers public economics, trade policy, natural resources and the environment. His Ph.D. in economics is from the University of California, Berkeley.